Bidding for the Legacy Hotel
Bodily, Samuel E.
Bidding for the Legacy Hotel
QA-0696 | Published November 29, 2007 | 3 pages Case
Collection: Darden School of Business
Product Details
The task is to prepare a sealed bid against one opponent for a hotel that has an appraised value and a specific, higher value for a company. There is data about the ratio of bids of the other bidder to the appraised value in similar sealed bids. Students will learn to give up many unfounded notions of how to bid and to develop a strategic approach to finding the best bid.
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