How do institutional buyers and government agencies do their buying

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How do institutional buyers and government agencies do their buying?

Transcript of How do institutional buyers and government agencies do their buying

How do institutional buyers and government agencies do their

buying?

INSTITUTIONAL MARKETS

GOVERNMENT MARKETS

DMU

 First of all They form a DMU a decision making unit or in plain language;

a committee that draws up a list of wants and needs

The government will also have a negotiated contract. Then They asks suppliers to

submit bids and often Award the contract to the

lowest bidder

Large projects of government float

global tenders also

Created by :Maulshri Pathak

UIT RGPV

Internship under :Prof. Sameer Mathur

IIM, Lucknowwww.iiminternship.com