When you consider calls for increased efficiencies, you may also consider qualitative considerations that may parallel uniformity or relevant concerns in other industries. The term limitation of FBI Directors may affirm the need for some diffusion of power among different law enforcement agencies. It also reflects a similar thinking when retaining outside auditors, and requirements that internal budget officers take vacations or rotate assignments.
Which of the following is a situation where your supply cycle analysis most likely requires qualitative assessment beyond pure financial, distance, or other measurable considerations.
| a. |
You are procuring vehicles for your company. Based on the bid responses, your least expensive providers will be either Ford or Toyota. |
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| b. |
Your company asks you to procure office furniture for the corporate offices. One of the proposals offers definitively lower pricing than other responsive bidders. The prospective provider of furniture offers low prices for offices, cubicle, and common area furniture. |
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| c. |
You are entering into a contract with BMI to provide licensing for music to be played in the elevators of your corporate office building. Pricing is non-negotiable and applied based on strict formulas tied to a price per genre fee structure. |
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| d. |
Answers "a" and "c." |
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| e. |
All of the above. |
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Your company asks you to procure office furniture for the corporate offices. One of the proposals offers definitively lower pricing than other responsive bidders. The prospective provider of furniture offers low prices for offices, cubicle, and common area furniture. |
While other options are definite quantitative assessment in nature, the above option may require to assess if the prospective provider of furniture offers low prices on all what is actually needed by the Company or upon certain fixed furniture, some of which may not be even required by the Company.
When you consider calls for increased efficiencies, you may also consider qualitative considerations that may parallel...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...