Explain the differences between internal and external proposals, as well as solicited and unsolicited proposals
An internal proposal justifies or recommends purchases or changes in the company. An external proposal is a written description of how one organization can meet the needs of another. Solicited proposals are invited and initiated when a potential customer or clients submits exact specifications in a request for proposal. An unsolicited proposal is prepared by and individual or firm who sees a problem that needs solved and submits a proposal.
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Focused cost leadership is observed when a product has the lowest cost ________.
A. across the product mix offered by a company B. across multiple product categories C. across the entire industry D. among a group of competitors E. within an industry segment
Workplace diversity benefits ________.?
A) ?consumers B) ?work teams C) ?business organizations D) ?all of the above
Garden World orders 120 hand cultivators from Green Thumb, Inc. When the cultivators arrive, they seem fine, so Garden World accepts them. As the stock person is putting the cultivators on display, she notices that the tines are loose on all the cultivators. Garden World returns the cultivators to Green Thumb, but they are lost when the delivery truck slips on an oily spot in the road and drives into a nearby lake. Discuss who bears the risk of loss for the shipment.
What will be an ideal response?
Boeing, Airbus,Bombardier Aerospace, and Cessna are among the ten manufacturers and sellers of business jets. Because the production of jets requires a sizeable investment, it is difficult to enter this market and the sellers are quite large. Which of the following best describes the market or industry situation in which these companies operate?
A. These businesses operate in a market best described as monopolistic competition. B. These businesses operate in a market that would best be described as a monopoly. C. These businesses operate in a perfect competition market. D. These businesses operate in an oligopoly.