Brilliant auction strategies #LLAShorts 48

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Explained in 1 minute
IPL Auction Vs Govt. Tenders
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Content Research: Rudra Bansal
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Telegram: @JoinLLA
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#LLA #LLAShorts 48

[proob]

English Auction - Storage Wars
Dutch Auction - Shipping Wars

[kumarabhishek]

It doesn't matter whether the bid is highest or lowest, if accountability is set for leaders, contractors and bureaucrate, then no one will make bad quality project.

[arijitpaul]

First one is Forward auction and second one is reverse auction. Generally first one used for to sell anything and second one is used for to buy anything.

[krishmys]

Ah, now I got to know the reason behind the poor quality things we see everytime we go out!

[Patel_SAchin]

Penguins of Madagascar
"Never trust a dutchman in a tulip fight"☺️😊👍

[jenishpatel]

There is 3rd way of Auction, if your surname is Adani or Ambani.... Congratulations 👏👏👏

[sagarprasad]

Auction has entered the chat.
Bribery has entered the chat.
Auction has left the chat.

[msijo]

There is also a different type of Auction in which the next bidder only pays the difference between the last bid and his bid.
In this case even small players have a chance of winning, the financial burden of buying is spread among many bidders and at the same time a huge corpus is earned even for a small object.

[GaneshMKarhale]

Dutch Auction. Hmmm... Now I know why our roads are not properly constructed.

[kalkichangemaker]

Yes these cricketers gonna save world with that much money because they are doctors, scientists, engineers, soldiers, farmers etc.

[vikassachan]

Nowadays, Govt. is preferring reverse auction after Dutch style auction to reduce cost further

[sakshamdave]

Fun fact
English model is inspired from purchasing slav€$ (⬛ people)
And dutch is inspired from cheap buying tactics
Edit :- not a factual speaker

[sastacollege]

Sir I am learning a lot from your video 🙏🙏🙏🙏

[vishalbnm]

Your detailed videos are much better than these shorts.

[msijo]

Why does the title say "bad quality Roads" when this is about "Auctions"???

[aryankarnik]

Tabhi toh road ke condition aise hai 😂😂

[phenomenally]

In tenders its not only about lowest bids many other factors are considered and even if some firm is bidding more than others it could get that contract due to its reputation and the way it does its works in the market .

[HarryHarry-vu]

Sir Thanks you for sharing this useful knowledge with me 😁🙏

[IITIIMCouple]

Dutch auction should be there in ipl. Write how much you value a certain player and get it. Instead of toying with other teams.

[poonamkhatri]

That doesn't necessarily mean low quality roads?
Skills, technology, experience matters in such construction work even at low budget giving high standard work