Answer:
The five ways for contract management are:
1 - how buyer and supplier work after contract has been awarded.
2 - Key decisions made.
3 - Risk of misunderstanding and disagreement.
4 - Identify opportunities and improve performance.
5 - Performance evaluation against KPIs.
Explanation:
Contract management is essential for any business to succeed. There are five ways in which contract management will add value after contract award stage. Usually value addition is achieved by the response of buyer and seller towards the services after the contract has been awarded. There should be right individuals involved in decision making process. The performance should be evaluated against the KPI mentioned in the contract. If both supplier and buyer work with mutual understanding there is very less chance for disagreement and value will be added to the contract performance.
Answer:
The correct answer is b. income effect.
Explanation:
The income effect describes how the change in the price of a good can change the quantity that consumers will demand of that good and related goods, based on how the price change affects their real income.
Answer:
The opportunity cost is the cost that is generated by selecting some other alternative. The opportunity cost indicates the value or activity that is foregone to do something else.
In our case, me and my friend decided to go on a concert and concert ticket price is $100.
There are other three alternatives available for me and my friend other than concert:
(i) purchase a textbook worth of $100.
(ii) meal at a highly rated local restaurant
(iii) internet movie downloads
It was given that my next best alternative to the concert is internet movie downloads and my friend's next best alternative to the concert is meal at a highly rated local restaurant.
Hence,
The opportunity cost for me and my friend of the concert tickets that we purchased are internet movie downloads and meal at a highly rated local restaurant, respectively.
The revenue of a company represents the income generated by the company within a time frame. The total revenue generated by the company from the start of 2010 to the start of 2016 is $39.16 billion
Given that:
First, we calculate the integral
This is calculated as:
Remove the constant
Now, integrate
Expand
From the question
represents the start of 2010.
This means that
represents the start of 2016.
So, the interpretation is:
The total revenue from the start of 2010 to the start of 2016 is $39.16 billion
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The statement is True. The multiplicities of the duality association between purchases and cash disbursements depend on the nature of the business as well as the terms of individual purchases.
Personal purchases manner a buy of products and offerings requested by using a member, or by using any worker of Conservation Halton or their circle of relatives contributors, the requirement for which isn't always for Conservation Halton or any of its functions, but is private to the man or woman asking for the purchase.
Original purchase charge approaches the fee paid through you for the motor automobile or a maximum of one hundred ten% of the market cost of the vehicle as described by way of Glass's manual Retail at time of purchase, whichever is the lesser such as all manufacturing facility equipped add-on) and after any discount given, but does no longer encompass the value of supplier-equipped add-ons, avenue fund license, new vehicle registration fee, gasoline, paintwork and/or upholstery protection kits, insurance rates together with the premium for this coverage, warranty rates, any finance arrears and one of these associated charges and any bad equity transferred from a preceding finance settlement.
Webster Jr. and Yoram Wind outline organizational shopping as the choice-making procedure by means of which formal companies set up the want for bought products and services and become aware of, examine, and pick out amongst opportunity brands and suppliers.
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