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It is significant that the contracts between the main contractor and the customer and between the key contractor and subcontractors are back-to-back; what is meant by that term?
The phrase ‘back to back’ implies that any contract terms applied to the main contractor are ‘flowed down’ to subcontractors. It is significant as, otherwise, the major contractor may determine themselves liable for things which they have entrusted to others, along with no legal redress for their subcontractor’s failings.
How can value management be utilized to compare various possible design solutions? When the bottom-level objectives for a project have been acknowledged through these technique
A Korean BBQ restaurant has four workers for washing jobs: Dane, June, Park, and Pola. Each workers eight hours a day and can produce two washing services: Washing rice bowls and w
Explain about the term end stage assessment in project management methods. End stage assessment: At the end of every stage of a project, the project manager is needed to
QUESTION No point is better accepted than the fact that the monopoly price is higher and the output smaller than what is socially ideal. The public is the victim. (a) Distin
QUESTION (a) Differentiate between the fixed and floating exchange rate models. (b) Discuss the effectiveness of the floating exchange rate model. (c) Explain the mechani
uses of discounting principals
#discuss the theory of costs in relation to business operations.you should identify different types of costs and explain how the supply curve is constructed for an organisation?
Managerial economics is the discipline which deals with application of "economic theory to business management" Discuss
In AS/AD model monetary polices is seen to working primly through its effect on interest rate. There are some example to understand to interest policy impact on exchange rate an
QUESTION (a) Explain the real business cycle theory. (b) Using appropriate diagrams differentiate between inflationary and deflationary gaps. (c) Differentiate between th
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