A contract where the contractor agrees to perform the work at a fixed price best defines

A) cost-plus fixed fee contract.
B) fixed-price incentive fee contract.
C) fixed-price contract.
D) cost-plus incentive fee contract.

C

Business

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Marketing is often called the "language of business."

a. true b. false

Business

A significant disadvantage with the use of rationalized retailing is the _____

a. high operating costs associated with standardization b. poor possible fit with local tastes c. loss of quantity discounts through volume purchasing d. need for more personnel due to decentralized decisions

Business