True or false1 a desired profit is added after calculating, Ask an Expert

Management Studies

True or False:

1. A desired profit is added after calculating all the direct and indirect costs for a project.

2. The customer will pay the contractor a bonus if the project is completed ahead of schedule or exceeds other customer performance requirements.

3. A ballpark estimate is acceptable for the proposal. There will be time to figure out the budget after the contract is won.

4. The cost of developing a proposal should be added in as a direct expense in the budget for a proposal.

5. A contractor should avoid no-bid decisions.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92511789

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