Ask Question, Ask an Expert


Ask Management Theories Expert

problem 1:

In brief illustrate out what liquidated damages (LD) are.

problem 2:

What is the major objective and aim of applying LD to a contract?

problem 3:

At what time in the procurement procedure should the Bid Security be released in favour of respective unsuccessful bidders?

problem 4:

Compute the amount of liquidated damages to be claimed to a supplier who has accumulated 16 weeks of delay on a remaining instalment of 100 laptops out of contract to supply 200 laptops for contract value of Rs 10 million? The clause for liquidated damages goes as follows:

“Liquidated damages will be applied at rate of 0.5% per week of delay up to a maximum of 5% of the cost of undelivered goods.”   
Based on the above information, it seems that the contract manager hasn’t followed this contract carefully. What should the contract manager have done to evade this delay beyond remedy?

problem 5:

Illustrate out in detail the three mandatory conditions which should be fulfilled by the bidder/supplier for a bid/performance security to be applicable.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M98578

Have any Question? 

Related Questions in Management Theories

Detailsinternal processes of a company contribute to the

Details: Internal processes of a company contribute to the company's overall effectiveness. Identifying ways to improve internal processes helps build a highly efficient organization. Root causes need to be identified. M ...

Assessment group research project assessment

Assessment: Group Research Project Assessment Overview: Analyse the sustainability impact of Levi's jeans throughout its supply chain from resource use to consumer disposal. Assignment instructions: Research the supply c ...

Case studyplease read the case study and answer all the

CASE STUDY Please read the case study and answer all the questions. Vodafone has one of the world's largest mobile communications networks, with 83,900 employees serving over 370 million customers across more than 30 cou ...

Task-you have recently been promoted into the role of head

Task- You have recently been promoted into the role of head of communications for a publically listed company. Your first assignment in the role is to develop a communication plan for the launch of (new product) an innov ...

Organisation of the research report-a key ingredient to

Organisation of the research report- A key ingredient to writing a successful report involves the planning or organising stage. Organising can help you to sort out your ideas and to present your report in the order that ...

Assessment interview this assessment task has been designed

Assessment: Interview This assessment task has been designed to allow you to demonstrate how you apply your skills and knowledge of working in a counselling framework through practical application of these skills. It is ...

Assignmentexamine other aspects of supply chain management

Assignment Examine other aspects of supply chain management, including how to optimize capacity and inventory and the trade-offs between capacity and inventory. To prepare for this Collaboration: Review the attached reso ...

Assessment topic - qubeafter reading further background

Assessment Topic - QUBE After reading further background material on the company and relevant case studies on related companies, prepare a 2500 - 2600 word report analysing the important features of Qube, and identify lo ...

Problem 1pony express creations inc wwwpony-excom is a

Problem 1 Pony Express Creations Inc. ( is a manufacturer of party hats, primarily for the Halloween season. 80% of their annual sales occur over a six-week period. One of their popular products is Elvis ...

According to the literature there are four types of

According to the literature, there are four types of logistics/supply chain performance indicators. They are supply chain efficiency, supply chain responsiveness, supply chain flexibility and supply chain quality managem ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate