A _____ contract should be used in cases where the parties cannot accurately predict labor or materials costs and quantities to be used prior to the execution of the purchase agreement

a. fixed-price with escalation
b. firm fixed price
c. cost sharing
d. cost-based
e. fixed-price with redetermination


e

Business

You might also like to view...

Answer the following statements true (T) or false (F)

1. Research has shown that grit may be as important as intelligence on the job. 2. The most well-known motivation theory is Maslow’s hierarchy of needs. 3. According to Maslow’s hierarchy of needs theory, when a need is not satisfied it is set aside and other needs are focused on. 4. To motivate people, leaders need to focus on hygiene factors. 5. A goal such as “do your best” is more effective than specific goals.

Business

In ______ error, the rater evaluates everyone or nearly everyone as below average.

A. severity or strictness B. halo C. leniency D. central tendency

Business

In a decentralized company, all the planning and controlling decisions are made by top management

Indicate whether the statement is true or false

Business

Austere Realty, a real estate company, ensures that its web page always shows up high among the list of results whenever a user looks for information related to property and housing on the Internet. In this scenario, Austere Realty is actively engaged in _____.

A. geotargeting B. web scraping C. search engine optimization D. organic linking

Business