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Question

According to Jorgensen and Grimstad (2004), what is the result of companies with the lowest bids in an experiment they conducted?

a.

The greatest success

b.

The greatest profits

c.

The greatest risks

d.

The greatest losses

Answer: (c).The greatest risks Explanation:Jørgensen and Grimstad (2004) describe an experiment in which they actually asked 35 companies for bids on a certain requirements specification. Next, four companies were asked to implement the system. They found that the companies with the lowest bids incurred the greatest risks.

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Q. According to Jorgensen and Grimstad (2004), what is the result of companies with the lowest bids in an experiment they conducted?

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