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
Margie has had a tough month.​ First, she had dental work that cost ​$700. ​Next, she had her car transmission​ rebuilt, which c
motikmotik

Answer:

Calculate amount of annual interest:

The simple interest rate is the percentage of the credit that should be paid as interest on yearly basis. The amount of interest should be paid per year on a loan.

Miss. Margie has spent $700 for dental work and $1,400 for car transmission rebuilt. She has made both transactions on her credit card. If she does not pay credit balance of $2100, she will be charged 21 percent interest.

Calculate the annualized interest expenses.  

Miss. Margie should pay annual interest if she does not pay off credit card balance. She has a credit balance of $2100. The interest rate on credit balance is 21 percent.

Annual Interest = Amount owned x Interest rate

Annual Interest = 2,100 x 0.21  

Annual Interest = 441

Annual interest on credit card balance is $441

Money market investment is a high-liquid, and short term securities containing commercial paper. Treasury bill, banker's acceptance, promissory note.

Calculate the amount of interest received on money market investment. Miss. Margin has a money market account with $15.000. On this account she receives 3 percent interest.

So, the total interest earned on a money market account is:

Annual Interest = Amount x Interest rate

Annual Interest = 15,000 x 0.03

Annual Interest = $450

Miss. Margin has got $450 as annual interest on money market account of $15000 with the interest rate of 3 percent.

To calculate the amount of annual interest, she should write a check of 2,100 for pay off credit card balance, a money market account shows the balance of 12,900. The interest rate is 3 percent.

Annual interest = Amount x interest rate

Annual interest = 12,900 x 0.03

Annual interest = $387

If she should write the check out of her money market account she gets interest of $387.

So, she will lose the interest of $63

Miss. Margin should write the check'. She is able to cover credit card bill from money market account. It is always better to payoff credit card bill in full from income or saving than to pay credit card balance with interest on due balance.

If she pays credit card due balance from money market account, she will not have to pay interest charges

8 0
3 years ago
Read 2 more answers
A company must account for a contract modification as a new contract if the:
valina [46]

Answer:

d. goods or services are distinct and company has right to receive the standalone price.

Explanation:

Goods or services are distinct and company has right to receive the standalone price.

8 0
3 years ago
Hugh is interested in making a lot of money. He is a very good salesperson. People tell him he could sell sand in Saudi Arabia!
Mila [183]

The type of Job that Hugh has to look for should be the one that can pay him by commission.

<h3>What is a commission?</h3>

This is the money that a person is paid after they have brokered a deal. The commission is the money.

This is the service charge that Hugh is going to charge to his clients whenever he helps them.

Read more on a commission here:

brainly.com/question/957886

#SPJ1

8 0
1 year ago
Cuba is a command economy that suffered a decline in economic growth because of a cut in the aid provided by the former Soviet U
katen-ka-za [31]

Answer:

Experience an inward shift of its production possiblity curve.

Explanation:

Production possiblity curve is a graphical representation of the maximum number of products that a company can produce, if it produce only two product using all the resources efficiently. The maximum production possiblity of one product is shown on one side graph and another product on other side to compare which product can be produced to reduce cost and wastage while maximizing the profit. This also help the management to know the effecient use of resources or factor of production; Land, labour, capital and entrepreneurship. Therefore, lack of resources to Cuba have lead it´s economy to decline.

4 0
3 years ago
How many new blogs are being created daily? 120 1200 12000 120000
nikitadnepr [17]
Easily over <span>120000 , I do not think their are any statistic or too accurate sources to go by but it is a estimate.</span><span />
8 0
3 years ago
Read 2 more answers
Other questions:
  • On July 8, Action Co. issued a $70,000, 6%, 120-day note payable to Scanlon Co. Assuming a 360-day year, what information is nee
    9·1 answer
  • Binkers, LLC and Toves Inc. have merged, doubling the number of production facilities. To help decide which facilities to keep o
    13·1 answer
  • You place $4,00.00 in a bank account with an interest rate of 5.25% APR and another $2,000.00 in account with an interest rate o
    7·1 answer
  • A machine to manufacture fasteners has a setup cost of $1,100 and a unit cost of $0.006 for each fastener manufactured. A newer
    7·1 answer
  • Assume the United States can use a given amount of its resources to produce either 20 airplanes or 8 automobiles and Japan can e
    6·1 answer
  • Problem 4-6 (Algo) Income statement presentation; Discontinued operations; EPS [LO4-1, 4-3, 4-4, 4-5] Rembrandt Paint Company ha
    5·1 answer
  • Assume you can currently exchange one U.S. dollar for one hundred Japanese yen. Also assume the inflation rate will be 2.5 perce
    14·1 answer
  • Consider the following premerger information about a bidding firm (Firm B) and a target firm (Firm T). Assume that both firms ha
    14·1 answer
  • When there are many people singing the same job
    12·1 answer
  • Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!