Competitive bids - Study guides, Class notes & Summaries

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization - correct answer standardization A buyer has been invited to join a supplier account rep for lunch to discuss the performance of a contract. How should the buyer respond to the invitation? A. decline the suppl...

CIPS Tender Process - correct answer Determine style of tender Prepare invitation -include info so all bidders understand the need and send a suitable bid Send ITT using suitable platform Receive bids - any bids after deadline date should be disregarded. Evaluate the bids. Check they meet the required expectations, disregard bids that are incomplete or bids that are not the correct standard. Evaluate the bids against the criteria and score. Use a cross functional team so the process is fa...

Competitive Bids - The competitive bid process requires that two or more repairers submit competitive estimates or "bids" for a specific repair job. The amount of the low, complete bid is generally considered to be the "competitive" price and is used as the basis for settlement. In all cases, the vehicle owner selects the facility that will perform repairs. PCPs - State Farm uses a continuous survey that gives repairers the opportunity to provide information online. The repairer infor...

ABC Analysis - CORRECT ANSWER-The process of dividing SKUs into three classes, according to their dollar usage, so that managers can focus on items that have the highest dollar value. Additive Seasonal Method - CORRECT ANSWER-A method in which seasonal forecasts are generated by adding a constant to the estimate of average demand per season. Aggregation - CORRECT ANSWER-The act of clustering several similar services or products so that forecasts and plans can be made for whole families. ...

WGU Financial Management C214,100% Confirmed Correct Financial Securities (3 types) 1. Gov Securities(treasury bonds)- gov invest in natl defense to freeways. Loans provide by the public to gov. When tax revs fall short to cover expenditures, gov issues bonds from 60 days-30yrs. 2. Corporate Bonds- Google might be looking to invest another $50 billion in low-orbiting satellites; however, because of its size, the company cannot walk into a local bank hoping for a $50-billion loan. Instead, G...

Corporate Finance - focuses on financial decision making by a firms management Investments - various types of financial instruments (stocks, bonds, etc) Banking or Financial Institutions - make money by paying depositors a smaller interest rate than the interest rate charged to borrowers Treasury Securities - generally bonds that are issued by the US government Corporate Bonds - firms borrowing from the public Stocks - a share of ownership in a company Primary financial markets - markets ...

CFCM Practice Test Questions and Answers Graded A+ - Latest Updated 2024/2025 (Solved) How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - answerEvery 5 years A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actionsi s defined as a - answer-determination and findings Contracting officers below the level of ___ shall be selected and appointed - an...

MBA MFT Study Guide Latest Update Graded A+ major segmentation variables (4) (1) geographic, (2) demographic, (3) psychographic, (4) behavioral penetrated market set of customers who are buying the company's product target market qualified available market the company decides to pursue available market set of consumers who have interest, income, and access to a particular offer potential market set of consumer with a sufficient level of interest in a market offer corporate...

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization - ANSWER-standardization A buyer has been invited to join a supplier account rep for lunch to discuss the performance of a contract. How should the buyer respond to the invitation? A. decline the supplier's o...

Florida CAM 2024 Questions and Answers 100% CorrectFlorida CAM 2024 Questions and Answers 100% CorrectFlorida CAM 2024 Questions and Answers 100% Correct If a declaration of condominium or bylaws so provide, an association may require a security deposit from prospective lessees up to the amount of - ANSWER-1 month's rent A homeowner's association board must obtain competitive bids for any contract which will cost in excess of - ANSWER-10% of the annual budget including reserves Employ...