MGMT 422 Material Management Chapter 14
WE WRITE ESSAYS FOR STUDENTS
Tell us about your assignment and we will find the best writer for your project
Write My Essay For Me13. The _____ clause of a contract generally specifies who is responsible if there are injuries or damage, over the course of the contract, and any damages to be paid.
a.
supply and delivery
b.
key performance indicators and compensation
c.
definitions
d.
free trade areas
e.
liability
14. The _____ clause of a contract stipulates whether either party has the ability to terminate the contract at any time, and how much advance notice must be given.
a.
effective date and termination
b.
payment
c.
third-party rights
d.
most favored customer
e.
force majeure
15. The _____ clause in a contract ensures that all information, technology, and so on shared between the parties remains confidential and is not shared with other customers or suppliers.
a.
assignment and contracting
b.
liability
c.
third-party rights
d.
confidentiality
e.
intellectual property
16. The most basic contractual pricing mechanism is called a/an _____ contract.
a.
fixed price with escalation
b.
cost plus incentive fee
c.
firm fixed price
d.
cost-sharing
e.
fixed price with redetermination
17. In the _____ contract, if the supplier can demonstrate actual cost savings through production efficiencies or substitution of materials, the resulting savings from the initial price targets are shared between the supplier and the purchaser at a predetermined rate.
a.
time and materials
b.
cost plus fixed fee
c.
fixed-price with incentives
d.
firm fixed price
e.
fixed-price with escalation
18. The _____ contract is generally used in plant and equipment maintenance agreements, where the supplier cannot determine accurate costs prior to the repair service.
a.
fixed-price with redetermination
b.
firm fixed price
c.
cost-sharing
d.
time and materials
e.
cost plus fixed-fee
19. The _____ the term of the purchase agreement, the _____ firm fixed-price contracts will be acceptable to the supplier.
a.
shorter….less likely
b.
longer….more likely
c.
longer….less likely
d.
longer….same likelihood that
e.
There is no relationship between contract term and acceptability to the supplier.
20. _____ is defined as the submission of a disagreement to one or more impartial persons with the understanding that the parties will abide by the decision.
a.
Negotiation
b.
Arbitration
c.
Litigation
d.
Mediation
e.
Authorization
MGMT 422 Material Management Chapter 14 ESSAY
DO MY HOMEWORK NOW!Write my Essay. Premium essay writing services is the ideal place for homework help or essay writing service. if you are looking for affordable, high quality & non-plagiarized papers, click on the button below to place your order. Provide us with the instructions and one of our writers will deliver a unique, no plagiarism, and professional paper.
Get help with your toughest assignments and get them solved by a Reliable Custom Papers Writing Company. Save time, money and get quality papers. Buying an excellent plagiarism-free paper is a piece of cake!
All our papers are written from scratch. We can cover any assignment/essay in your field of study.
