The traditional method of cost-plus pricing estimates costs based on future forecasts

Indicate whether the statement is true or false

FALSE

Business

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_____ occur[s] when either party fails to perform the obligations due under the contract (without a valid or legal justification)

a. Damages b. Cancellation c. Restitution d. Expectancy e. Breach of contract

Business

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

1. Some organizations do not require any formalization because they are so small. 2. The formality of an organization is defined by the extent to which structures and processes of the organization are written down and expected to be followed. 3. Organizations need to align their formal structures and systems with the environment. 4. There is one best way to structure an organization.

Business