A local council/Baldiya issued a tender request for the construction of a small community center. Mr. Shoaib who owned a small construction firm applied for the tender. However, the local council rejected his proposal on the basis that his firm size is too small and hence it is less likely that his firm will complete construction in the agreed time, cost, and quality. Based on this information, which of the disadvantage of the small business is highlighted in this example? a. Lack of proper planning b. All the options are correct c. Less availability of capital d. Lack of skilled human resource

A local council/Baldiya issued a tender request for the construction of a small community center. Mr. Shoaib who owned a small construction firm applied for the tender. However, the local council rejected his proposal on the basis that his firm size is too small and hence it is less likely that his firm will complete construction in the agreed time, cost, and quality. Based on this information, which of the disadvantage of the small business is highlighted in this example? a. Lack of proper planning b. All the options are correct c. Less availability of capital d. Lack of skilled human resource

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 5.2SB

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