Answer: Cost plus contact
Explanation:
A cost-plus contract is a form of contract whereby the contractor is paid for all of its allowed expenses including additional payments in order to allow for a profit.
A cost plus contract is usually used when the quality, delivery time and performance is of more importance than the cost. In cost plus contract, the final cost may be smaller than the fixed cost because the contractors don't usually inflate price and also as a result of lesser price competition.
A cost price contract also gives more room for control and oversight over a contractors work and is also flexible which gives room for specification changes.
According to Theory X, the typical perspective held by managers is that employees dislike work, must be monitored, and can be motivated only with rewards and punishment.
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Explanation:</u></h3>
A psychologist named Douglas McGregor was the one who developed the concepts of Theory X and Theory Y .These includes a set of assumptions that are considered by the mangers to judge about the people. The assumptions like, dislike, unwillingness in working and little ambition are included in Theory X.
Theory X also have assumptions that employees are lazy, will be doing any of the things for the purpose of avoiding work and also will be unmotivated.In contrast to it, Theory Y assumes that the employees will be happy in working, and also will like to have additional duties without forcing them to do.
The statement that is true here is:
c.
Max has made a counter-offer.
Explanation:
Max here is giving another offer on the above of the offer that is given by Allie the travel agent.
He is trying to bargain himself into a better position in the deal and then to seal it as he can see an obvious profit in the game.
Thus, this counter deal that is offered puts both parties in a situation of advantage and either of the two can make things final or obstruct the deal spending on if they would want this deal to take place on the given terms or would want better terms.
Answer:
IRR= 21.86%
Explanation:
Giving the following information:
Initial investment (PV)= $10,000
Cash flows (PMT)= $4,000 per year
Number or years (n)= 4
<u>It is extremely difficult to calculate the IRR using the formula. We will use the financial calculator.</u>
Function: CMPD
n= 4
I%= SOLVE = 21.86%
PV= 10,000
PMT= -4,000
IRR= 21.86%