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lozanna [386]
2 years ago
8

Before work can begin on the project, the customer must Group of answer choices sign a contract with the contractor that include

s the project start date and payment plan. assess the risks for completing the project on time and reduce the award amount if there is any risk. announce who won the bid for the project so the work can start immediately. contact the contractor and say the project is the winner so the work can start immediately.
Business
1 answer:
Setler79 [48]2 years ago
7 0

Answer:

sign a contract with the contractor that includes the project start date and payment plan.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Hence, before work can begin on the project, the customer must sign a contract with the contractor that includes the project start date and payment plan.

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Leon Georges works in the warehouse for a manufacturer of air-purification systems. He is responsible for the transportation of
Volgvan

Answer:

3. Distribution

Explanation:

Distribution refers to making a product available to customers for purchase by transferring it from the source of manufacture to the retailers.  Distribution is one of the essential components of marketing mix.

Channels to distribution are whole sellers, retailers, brokers and middlemen, and direct sales. Distribution entails all activities relating to supply of finished products to customers.

In the given case, Leon's work involves transportation of metal components as well as efficient movement of the finished systems from manufacturing unit to the warehouses and subsequently to distribution trucks. These represent activities of distribution.

7 0
2 years ago
You have determined the following data for a given bond: Real risk-free rate (r*) = 3%; inflation premium = 8%; default risk pre
vagabundo [1.1K]

Answer: 16%

Explanation:

Interest rate on long term treasury securities is calculated below using following formula:

Interest rate = Real risk-free rate + inflation premium + default risk premium + liquidity premium + maturity risk premium

= 3% + 8% + 2% + 2% + 1%

= 16%

Interest rate on long term treasury securities is 16%.

4 0
3 years ago
Although a consumer may be happy with your company’s product/service, they will not hesitate to switch if another company provid
vesna_86 [32]

Answer:

delight

Explanation:

Consumer satisfaction refers to the level of happiness that a customer derives from the consumption or use of any product or service. The information related to the customer satisfaction is derived from the surveys and ratings. These information helps in the betterment and improvement of the product and services.  

Delighting the customer is a very important part of marketing. This helps in maintaining the customer relation.

4 0
2 years ago
The incidence of a tax is determined by which group (buyers or sellers) must actually pay the government. When demand is inelast
Bezzdna [24]

Answer:

The incidence of a tax is determined by which group (buyers or sellers) must actually pay the government. FALSE, the real effect of taxes is measured by the price elasticity of the demand and the supply.

When demand is inelastic and supply is elastic, the burden of a tax falls mainly on producers. FALSE, when the price elasticity of demand is inelastic and the price elasticity of supply is elastic, the burden of tax falls mainly on the consumers.

When demand is elastic and supply is inelastic, the burden of a tax falls mainly on consumers. FALSE, when the price elasticity of demand is elastic and the price elasticity of supply is inelastic, the burden of tax falls mainly on the suppliers.

An excise tax can distort incentives and create missed opportunities for mutually beneficial transactions. TRUE

5 0
2 years ago
Huggins Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 830 2 1,150 3 1,410 4 1,550 I
Rasek [7]

Answer:

$4,013.10.

$3,329.54.

Explanation:

If discount rate is 8%

PV of Cash Flows :

($830 / 1.08^1) + ($1,150 / 1.08^2) + ($1,410 / 1.08^3) + ($1,550 / 1.08^4)

$768.52 + $985.94 + $1,119.30 + $1,139.30

$4,013.10

If discount rate is 16%

PV of Cash Flows :

($830 / 1.16^1) + ($1,150 / 1.16^2) + ($1,410 / 1.16^3) + ($1,550 / 1.16^4)

$715.52 + $854.64 + $903.33 + $856.05

$3,329.54.

7 0
3 years ago
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