What is a contract? List six types of contracts
What will be an ideal response?
A contract is a formal agreement between two parties, a contractor and a client, wherein the contractor agrees to perform a service and the client is obligated to pay for the service. Types of contracts include fixed-price, fixed-price incentive fee, cost-plus fixed fee, cost-plus percentage fee, cost-plus incentive fee, and guaranteed maximum-shared savings.
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Doggie Delights manufactures its own brand of pet toys. At the end of June, 2019 the accounting records showed the following:
(a) Prepare a schedule of cost of goods manufactured for Doggie Delights and
(b) Prepare an income statement for Doggie Delights for the year ended June 30, 2019
Your firm has decided to localize its products and services to meet local market demands. A good approach to use would be ________ segmentation
A) place of residence B) psychographic C) usage D) positioning E) social class
Which of the following types of promotion uses customized interaction?
A. publicity B. personal selling C. public relations D. advertising E. sales promotion
In a case in the text involving the purchase of a domain name, the court of appeals held that the
plaintiff Lim had made a valid offer that was accepted by dotTV and reinstated Lim's case against dotTV. Indicate whether the statement is true or false