Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Define the following terms
Cost analyses negotiation
Quality negotiation
Price negotiation
Expert Solution
Cost Analysis Negotiation
Cost analysis negotiation, sometimes known as 'cost negotiation,' is becoming more popular. The element-by-element evaluation of the estimated or actual cost of contract performance to identify the probable cost to the vendor is known as cost analysis.
It has been utilized successfully for decades by huge corporations like General Electric, Ford, and Honda, and it has recently become more popular among small and medium-sized businesses.
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