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Lana71 [14]
3 years ago
10

Mister Plow has contracted to perform snow removal services for the city of Springfield. Record snowfall has more than doubled t

he time he will spend on the streets and the resources this job will require.​ Unfortunately, Mister Plow cannot come back to the city for more​ money, because the service contract is A. a final contract. B. a​ fixed-price contract. C. a​ cost-plus contract. D. a​ last-bid contract.
Business
1 answer:
Marina86 [1]3 years ago
3 0

Answer:

B. a fixed-price contract.

Explanation:

"A fixed price contract places minimum administrative burden on the contracting parties, but subjects the contractor to the maximum risk arising from full responsibility for all cost escalations. Also called firm price contract."

Mr. Plow couldn't come back to Springfield because he took full responsability for all cost escalations.

Reference: WebFinance Inc. “What Is Fixed Price Contract? Definition and Meaning.” BusinessDictionary.com, 2019

You might be interested in
When total expenditures are greater than total production, __________ is produced than households want to buy, which leads to __
11111nata11111 [884]

Answer:

When total expenditures are greater than total production, <u>less</u>  is produced than households want to buy, which leads to <u>decrease</u> in inventory, which signals firms that they have <u>under-produced,</u> which causes firms to increase production.

Explanation:

  • When total expenditures are greater than total production, then the business will have low production.
  • If the production is lower than the customer's demand then it will decrease in inventory.
  • If the production is less than the demand of the customer, then in order to fulfill the gap, we need to increase our production.
5 0
4 years ago
Misleading advertising material created to look like regular news stories or social media is known as _____
Andrei [34K]

Answer:

B. Native advertising

Explanation:

A company wants to measure the share of customer as it is the indicator of brand preference, customer loyalty, and customer lifetime value.  

Companies should open themselves to criticism by being active on social media because rather than taking it as negative, companies can take it as an opportunity to analyze and evaluate their performance.

No, it is not ethical to observe shoppers for market research without their knowledge and permission.

 

Step-by-step explanation

Native advertising refers to the kind of advertisement in which the content exactly matches the platform on which it appears and displayed. Sometimes it appears in the form of editorial content which is referred to as advertorial, video or article. These kinds of ads make it difficult for consumers to understand the right content as it blends the correct content into the content of the platform. In native advertising, misleading content is created to look like regular stories by using ambiguous terms like sponsored or branded.  

 

The unified data layer refers to when an organization merges its complex and fragmented data into one central view. It provides a clearer and complete picture of the firm's data. Marketing analytics strives to establish a unified data layer so that all data is kept in a centralized place.  

 

Share of customer is defined as the part of the customer's purchasing that the company gets. In other words, it indicates how much a customer is spending on a company's product or service. A company wants to measure the share of customer because:

It is the indicator of brand preference that companies can use to evaluate their products and services.

It shows how loyal a customer is towards the company.  

It indicates how quickly a product or service gains popularity and acceptance in the market.

It indicated an organization's customer lifetime value.  

 

Companies should open themselves to criticism by being active on social media because rather than taking it as negative, companies can take it as an opportunity to analyze and evaluate their performance. Following are the ways by which companies can appreciate criticism on social media and take benefit from it:

Turn a negative comment into a positive one.

Allow people to criticize.

Thank the people who criticize

Learn and improve from the criticism

 

No, it is not ethical to observe shoppers for market research without their knowledge and permission. It is an act of deception that means to mislead someone or hide the truth for personal gain or advantage. In market research, deceiving someone is dishonesty on the part of the researcher as the shopper feels uninformed about the research.

8 0
3 years ago
Read 2 more answers
Once Xavier decides that he would like to tackle his own house construction, he begins to get his plans in order. The lot Xavier
sashaice [31]

Answer:

This isnt a ?

Explanation:

but like Once Xavier decides that he would like to tackle his own house construction, he begins to get his plans in order. The lot Xavier purchased many years ago is just perfect for the new, prefabricated house he wants to build for his family. To accomplish this large task, Xavier is going to need to consult with people from all three career clusters that we have considered in this unit—and you’re going to help! This activity will be broken up into two parts, each of which have their own assignment:

Part 1 will ask you to consider aspects of Xavier’s building project and complete math problems that help him make decisions about what to build.

Part 2 will have you take the answers to the math problems you completed in Part 1 and build a Job Board to keep Xavier organized during his construction project.

Let’s walk through this process with Xavier.

8 0
3 years ago
During 2009, Accent Toys Plc., which began business in October of that year, purchased 15,000 units of a toy at cost of $10 per
telo118 [61]

Answer:

$183,000

Explanation:

The computation of the cost of goods sold using the FIFO method is shown below:

= Number of units purchased × per unit + additional units purchased × per unit

= 15,000 units × $10 + 3,000 units × $11

= $150,000 + $33,000

= $183,000

Since there are 18,000 units are sold

out of which 15,000 are at $10 and the remaining 3,000 units are at $11 and the same is to be considered    

5 0
3 years ago
A builder from State A sued a homeowner from State B for breach of contract in federal court, alleging that the homeowner failed
Nadusha1986 [10]

Answer:

No

Explanation:

It is very unlikely they the case is dropped for insufficient process as the scenario does not describe any defect in the documentation and writings contained in the document. The issue with the process is likely in the manner in which the document was served. This is because, the document was served to an elderly next door neighbor which in a way can allow the homeowner to file for insufficient service of process. Therefore, the homeowner will most likely fail in it's quest to have the case dropped for insufficient process based on the argument presented above.

4 0
3 years ago
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