BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ask prices
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Permanent Price Change
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Sale/Event
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Bid prices
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Detailed explanation-1: -The bid price is the highest price the prospective buyer is willing to pay for purchasing the security. The difference or spread is the profit for the market makers who initiate a trade for buyers and sellers.
Detailed explanation-2: -The bid price is the amount of money a buyer is willing to pay for a security. It is contrasted with the sell (ask or offer) price, which is the amount a seller is willing to sell a security for. The difference between these two prices is referred to as the spread.
Detailed explanation-3: -A Bid is the price selected by a buyer to buy a stock, while the Offer is the price at which the seller is offering to sell the stock.
Detailed explanation-4: -The term “bid” refers to the highest price a buyer will pay to buy a specified number of shares of a stock at any given time. The term ask refers to the lowest price at which a seller will sell the stock. The bid price will almost always be lower than the ask or “offer, ” price.
Detailed explanation-5: -There are two types of bidding in procurement: open or competitive bidding, and closed (“sealed”) or noncompetitive bidding. Competitive bidding takes place usually through the RFx process, which is detailed below. In contrast, some companies will also use noncompetitive bidding.