I could be wrong but id say d
Answer:
C. Fixed price with incentive
Explanation:
In the fixed price with incentive contract, if the supplier can demonstrate actual cost savings through production efficiencies or substitution of materials, the resulting savings from the initial price targets are shared between the supplier and the purchaser at a predetermined rate.
Fixed-price incentive contract refers to a fixed-price contract which provides for adjusting profit and establishing the final contract price by application of a formula based on the relationship of total final negotiated cost to total target cost. It provides for the adjustment of the contract price and profit.
The amount of the adjustment is determined by a formula which is based on the relationship between total negotiated cost and the target cost or the actual cost, or some other factors.
Factors and distribution systems that are likely to affect the reliability of the inferences are as follows;
A.The Wallace Company distributes pipes, regulators, and fittings to the refinery, industrial, and petrochemical industries.
B. The timeliness of delivery, the correctness of invoicing, and the product packing quality.
C. Send a survey to a subset of existing clients twice a year, asking them to assess the timeliness of delivery, the correctness of invoicing, and the attractiveness of the packing minutes.
D. Gaining knowledge of the distribution chain for pipes, valves, and fittings.
E. Customers who were chosen to get the survey. If this sample does not reflect all of the consumers, the erroneous conclusion might be drawn.
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Example when a person goes to a dentist he use the services of the dentist and returns with a relief. In the process he does not get any physical commodity but still he has consumed a service. Core goods providers provide a significant service component as part of their businesses.
The American Marketing Association defines services marketing as an organisational function and a set of processes for identifying or creating, communicating, and delivering value to customers and for managing customer relationship in a way that benefit the organisation and stake-holders.
