Question 12 The owner shall pay the feeder (grower) $.70/head/day for cattle on feed during the months of May-October. Title to the cattle shall at all times remain with the owner. Upon providing receipts in a form satisfactory to the owner, owner shall reimburse feeder for all feed ingredients purchased from him. Feeder shall not be reimbursed for utilities, buildings, equipment or labor. The contract terms above reflect a: Marketing contract; cost plus O Production contract; relative performance Marketing contract; fixed price Marketing contract; window price Production contract ; absolute performance Marketing contract ; formula price Question 13 The base price for all potatoes graded US No. 2 shall be $4.55 per cwt. With quality adjusthents for specific gravity, bruise fry, size, and fry color deviations. The contract terms above reflect a: Marketing contract ; formula price Production contract; relative performance Marketing contract ; cost plus O Marketing contract; window price O Marketing contract; fixed price O Production contract ; absolute performance

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question 12
The owner shall pay the feeder (grower) $.70/head/day for cattle on feed during the
months of May-October. Title to the cattle shall at all times remain with the owner.
Upon providing receipts in a form satisfactory to the owner, owner shall reimburse
feeder for all feed ingredients purchased from him. Feeder shall not be reimbursed for
utilities, buildings, equipment or labor.
The contract terms above reflect a:
Marketing contract; cost plus
O Production contract ; relative performance
Marketing contract; fixed price
Marketing contract ; window price
Production contract ; absolute performance
Marketing contract ; formula price
Question 13
The base price for al potatoes graded US No. 2 shall be $4.55 per cwt. With quality
adjusthents for specific gravity, bruise fry, size, and fry color deviations.
The contract terms above reflect a:
Marketing contract ; formula price
Production contract; relative performance
O Marketing contract; cost plus
O Marketing contract; window price
O Marketing contract; fixed price
O Production contract ; absolute performance
Transcribed Image Text:Question 12 The owner shall pay the feeder (grower) $.70/head/day for cattle on feed during the months of May-October. Title to the cattle shall at all times remain with the owner. Upon providing receipts in a form satisfactory to the owner, owner shall reimburse feeder for all feed ingredients purchased from him. Feeder shall not be reimbursed for utilities, buildings, equipment or labor. The contract terms above reflect a: Marketing contract; cost plus O Production contract ; relative performance Marketing contract; fixed price Marketing contract ; window price Production contract ; absolute performance Marketing contract ; formula price Question 13 The base price for al potatoes graded US No. 2 shall be $4.55 per cwt. With quality adjusthents for specific gravity, bruise fry, size, and fry color deviations. The contract terms above reflect a: Marketing contract ; formula price Production contract; relative performance O Marketing contract; cost plus O Marketing contract; window price O Marketing contract; fixed price O Production contract ; absolute performance
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