Which of the following is not true of the findings in Oo et al.’s (2008) study on contractors’ bid or no-bid decision in Australia, Hong Kong, and Singapore?

Question

Which of the following is  not  true of the findings in Oo et al.’s (2008) study on contractors’ bid or no-bid decision in Australia, Hong Kong, and Singapore?

Accepted Answer

All responding Australian contractors declined to bid when the number of bidders exceeded six.

Answer

The ‘bid’ responses of all the three groups of responding contractors decrease as the number of bidders increases.

Answer

There are rapid drops in ‘bid’ responses for the responding Australian contractors when number of bidders is greater than four.

Answer

The ‘bid’ responses of all the three groups of responding contractors are in general higher during recession times.

Crowdly

Which of the following is not true of the findings in Oo et al.’s (2008) study...

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