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Incentives
These are rewards given when vendor/contractor exceeds your expectation. Incentives should increase contractor?s profit. Incentives can be categorised as:
Caution must be exercised while combining cost, technical and schedule incentives in a contract to ensure that different incentives do not counteract or conflict with each other. Also, when more than one contract is awarded, one contractor who is given an incentive for early completion may complete his work early but this will turn out to be a benefit only if you can ensure that the following interfacing contractor can commence his work consistent with the previous contractor?s work completion.
Services and Products of Documentation and Information Centres: All functions of documentation and information centres are performed with the objective of providing informatio
Full leather binding: Full leather binding means that whole of the card board is covered by leather. Books which are very expensive and are rare may need this kind of binding.
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describe about managerial decision making?
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