1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mixer [17]
3 years ago
7

When Hal sees the RFP issued by one of his customers, he is concerned that the company has changed its specifications since it p

laced a previous order with him. His company's products do not meet the new specifications. In this situation, being the current vendor __________.
Business
1 answer:
lozanna [386]3 years ago
8 0

Complete question:

When Hal sees the RFP issued by one of his customers, he is concerned that the company has changed its specifications since it placed a previous order with him. His company's products do not meet the new specifications. In this situation, being the current vendor __________.

A will necessitate renegotiating price and delivery terms.

B allows for a straight rebuy.

C offsets a consensus buying center culture.

D will probably not be an advantage in getting the new order.

E will allow Val to get the order even though his products do not meet the specifications.

Answer:

In this situation, being the current vendor will probably not be an advantage in getting the new order.

Explanation:

A request for proposal (RFP) is a paper which requests prospective suppliers to make business proposals to submit proposals, which are often made by a bidder, by an organization, corporation or a bidder involved in purchasing a product, service or valued item.

The RFP outlines the tendering process and contract requirements and directs the design of the tender.

Government organizations use RFPs mainly to get the lowest bid possible.

RFPs allow the requester to obtain multiple bidders.

You might be interested in
Situation I On January 1, 2020, Bramble, Inc. signed a fixed-price contract to have Builder Associates construct a major plant f
Burka [1]

Answer:

$88,920  

Explanation:

capitalized interest = weighted average accumulated expenditure for the year x interest rate of the loan = $889,200 x 10% = $88,920

Capitalized interest can be added to the basis of the new building that is being constructed. This way, the building's depreciable value will increase.  

8 0
3 years ago
A firm commitment arrangement with an investment banker occurs when the: issue is solidly accepted in the market as evidenced by
Elina [12.6K]

Answer:

A firm commitment arrangement with an investment banker occurs when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.

The correct option is B.

Explanation:

A firm commitment arrangement happens when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.

However, the issuer receives a little less money than the offering price but he gets a specific amount for all the security being issued. The risk rests completely on the investment banker.

Therefore, the correct option is B.

6 0
3 years ago
Fill in the blanks to complete the passage regarding the development of illegal markets in response to price ceilings. – are ill
djverab [1.8K]

Black markets are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market price; the rest must resort to illegal means. The additional demand is met by underground suppliers selling at much higher prices.

The government does not support the black market or any of their actions with getting items and selling them in other forms. Those who are in demand of a good when they have a hard time in getting it may purchase it illegally at a higher price just so they can receive that good. When there is an exchange of goods in the black market, these items are usually prohibited by the government and therefor illegally being sold.

3 0
3 years ago
An oil and gas producing company owns 42,000 acres of land in a southeastern state. It operates 630 wells which produce 18,000 b
valkas [14]

Answer:

The bid amount should be $13,200,264.

Explanation:

An oil and gas producing company owns 42,000 acres of land in a southeastern state.

It operates 630 wells which produce 18,000 barrels of oil per year and 1.7 million cubic feet of natural gas per year.

The revenue from the oil is ​$1,800,000 per year and for natural gas the annual revenue is ​$581,000 per year.

Total Annual Revenue

= Revenue from oil + Revenue from gas

= $1,800,000 + $581,000

= $2,381,000

The bid amount should be the present worth of total annual revenue.

Present Worth of total annual revenue

= Revenue \times\ \frac{( 1 + i )^{n} -1 }{i (1 + i)^{n} }

= $2,381,000\ \times\ \frac{( 1 + 0.11 )^{9} -1 }{0.11 × (1 + 0.11)^{9} }

= $2,381,000\ \times\ \frac{( 1.11 )^{9} -1 }{0.11 × (1.11)^{9} }

= $2,381,000\ \times\ \frac{2.5580 - 1 }{0.11 × 2.5580 }

= $2,381,000\ \times\ \frac{1.5580 }{0.281}

= $2,381,000\ \times\ 5.544

= $13,200,264

7 0
3 years ago
IBC stands for A None of the above B Idea Basics for Certifications C Industry Based Certification D Introductory Business Certi
Feliz [49]
C industry based certificate
3 0
3 years ago
Other questions:
  • In terms of per capita government spending, texas __________.
    14·1 answer
  • Silver Mining is opening a new mineral extraction facility in the local town and will employ several thousand people. They have
    13·1 answer
  • Why don't government planners try to end seasonal unemployment?
    6·2 answers
  • One of the other employees has been coming to work 20 minutes late for the past week. The rest of the employees have picked up t
    7·2 answers
  • Write the sum as a product of two factors 25g + 10f + 5​
    6·1 answer
  • Work in process inventory increased by $20,000 during the current year. Cost of goods manufactured was $180,000. Total manufactu
    12·1 answer
  • In 2018, A Corp. had gross sales of $100,000,000 and business interest income of $20,000,000. A Corp. had deductible business ex
    11·1 answer
  • If testing cannot be completed any earlier than four days after the prototype has been built, what type of lag exists?
    12·1 answer
  • This refers to dividing responsibility among specific units or departments.
    14·1 answer
  • The top management of a beverage manufacturing company has put together a team to handle the marketing of its new health drink.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!