All of the following are conditions under which competitive bidding is effective except _____
a. the buyer has a preferred supplier for the item
b. volume is high enough to justify this method
c. the marketplace is competitive
d. the specifications or requirements are clear to the seller
e. adequate time is available for suppliers to evaluate the RFQs
a
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The channel stops at the loading platform and what happens afterward is the buyer's responsibility
Indicate whether the statement is true or false
Jansen Inc currently produces and sells 9,000 units per year with the following cost data: Variable costs $7 per unit Fixed costs $7,500 Next year, Jansen plans to increase its advertising budget, which will increase fixed costs by 7%. With increased advertising, the company expects the number of units produced and sold to increase by 12%. Determine the budgeted total cost for next year
A) $70,500 B) $78,060 C) $78,585 D) $71,025
Write a short note on asking a favor
A person's self-concept may affect whether the person buys a product in a particular product category, but it has little impact on brand selection.
Answer the following statement true (T) or false (F)