jueves, 30 de octubre de 2008

Competitive tendering & joint bids

I did this activity for the academic part. I had to read the definitions and then put the correct word in each one.

1. A group of companies who work together only for a particular contract. Consortium

2. A company owned and run by two or more people who don't reive interest on capital invested in the company. Partnership

3. A company which is 100 % owned by a parent company. Wholly-owned subsidiary

4. A project with two or more partners. Joint venture agreement

5. Someone brought in to work on part of a large project. Subcontractor

6. A formal proposal to do something at a certain price in a certain time period. Tender

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