"Which has more cost risk to the seller a fixed price contract or a cost reimbursable contract" Essays and Research Papers

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    contract of agency

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    DATA REPRESENTATION CPU uses electronic elements such as switches‚ which are represented in two states i.e.‚ on/off state (high/low state). These two states are indicated as 1 and 0. In other words‚ computer operates only in two digits 1 and 0. Hence‚ our ordinary decimal number system consisting ten digits (0-9) do not suits the data representation of CPU. It works with simple binary system. BINARY NUMBER SYSTEM It uses two symbols or digits i.e. 0 and 1. And all the symbol‚ Arithmetic

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    Cost Control

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    THE COST AND SALES CONCEPT Cost is defined as a reduction in the value of an asset for the purpose of securing benefit or gain. Cost is defined in a hotel and restaurant as the expense to a hotel or restaurant for goods or services when the goods are consumed or the services are rendered. KINDS OF COSTS 1. Fixed costs – are those that are normally unaffected by changes in sales volume. They are said to have little direct relationship to the business volume because they do not change

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    headlines are for the sake of classification clarity. Supply Chain Coordination Supply chain coordination issues have been of great interest to researchers for many years especially since 1990s there has been a surge in research in these topics (Burgess et al. 2006). Different perspectives has been proposed on SCC such as “the order‚ forecasting‚ procurement‚ and information sharing procedures among the members of the supply chain” (Therese M. Flaherty‚ 1996) and “SCC is concerned with managing

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    Capacity to Contract

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    had to go to an ordinary Civil Court. He had to engage a lawyer‚ pay the necessary fee‚ and be harassed for years or decades before any outcome‚ positive or negative‚ was there in that litigation. Under the Consumer Protection Act‚ no Court fee has to be paid and the decision on the complaint is much quicker‚ as the Court can evolve a summary procedure in disposing off the complaint. CASE LAWS ON THE ACT. Pecuniary Jurisdiction In Krishan Dass Chaurasia V. State Bank of India (1995)

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    Part A For a contract‚ it is necessary to decide what the parties have agreed‚ otherwise it is not possible to know whether the parties have done what they contracted to do. However‚ not all the statements made during negotiations are contractual terms. Therefore‚ here to discuss terms of the contract. Terms of the contract According to James (2010)‚ the terms of the contract are the specific details of the agreement‚ including each party’s rights and obligations. Broadly speaking‚ there are

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    COST ANALYSIS

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    COST ANALYSIS OBJECTIVES INTRODUCTION MEANING DEFINITIONS TYPES OF COSTS MONETARY COSTS REAL COSTS OPPORTUNITY COSTS ECONOMIC COSTS ACCOUNTING COSTS INCREMENTAL COSTS SUNK COSTS FUTURE COSTS PRIVATE‚ EXTERNAL AND SOCIAL COSTS FIXED / SUPPLEMENTARY / OVERHEAD COSTS VARIABLE / PRIME COSTS REPLACEMENT COSTS PRODUCTION COSTS SELLING COSTS CONTROLLABLE COSTS DIRECT COSTS INDIRECT COSTS SHORT RUN COSTS CURVES LONG RUN COSTS CURVES OBJECTIVES To understand the meaning of cost. To discuss different types

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    business law contract

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    Easybuy exports Judy Claymore Amar Dwarkasing Powisielaan #13‚ Suriname Kalpoeweg #10‚ Suriname Phone: 8906520 Phone: 8600365 Email: judyclay@msn.com Email: easybuy@hotmail

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    Contract and Demand

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    This is a case of a sales firm which operates for 203 days in a year. Each day the firm operates‚ it generates revenue (profit) of Rs. 10 Lac. At the beginning of the year‚ the employees’ union confronts the management of the sales firm over wages and the union presents its demand. The management either accepts this‚ or rejects it and returns the next day with a counteroffer for wage to be paid to the employees. The firm can open and start functioning only after an agreement on wage is reached between

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    contract renewal

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    at their position‚ they will gain followers or people that are willing and wanting to do the work that the leader has put in front of them. A leader influences the outcome of tasks and others. Leaders are also keener on the bigger picture of the company they work for. Manager: A manager “Is in charge of a certain group of tasks‚ or a certain subset of a company. A manager often has a staff of people who report to him or her” (Business‚ 2014). Managers often delegate tasks to the employee’s. Tells

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    Standard Form Of Contract

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    M2014036 1 2 Contract Defined An agreement between two or more parties representing a promise to be performed for consideration 3 Necessary Parts of a Typical Construction Contract O Parties identified O Parties make promises that constitute an offer O Both parties sign the contract O Both parties receive consideration: O Contractor – payment for work done O Owner – use of the completed project O Parties of the contract must have the LEGAL AUTHORITY to negotiate a contract 4 Contractual

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