Bidder on a Work Contract May Bid Research Paper

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bidder on a work contract may bid lower than what would maximize his/Her profit from the contract and the reason for that is to create goodwill

Ultimately, a contract is only as valuable as the signatures affixed to it. In other words, the risk of failing to gain a contract with a potentially valued partner is greater than the sum of revenue lost in the bid size. The best way to value the goodwill created by an amenable contract bid is by the length of the contract and the additional business that it generates with that client for clients referred by the present client.

From my personal experience attempting to gain contracts through an employment placement agency, providing an accessible starting bid for compensation can attract the attention of hiring companies. The goodwill and access generated by this kind of bid can ultimately lead to a more lucrative offer for fulltime employment.

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2.Bayer Schering Pharma AG, Germany owns the Alka-Seltzer, which was launched in 1931 and was meant for relief of minor aches, pains, inflammation, fever, headache

The attempt to recast Alka-Seltzer as a treatment for cough and cold symptoms represents a challenging uphill climb for the medicine synonymous with heartburn treatment. However, it has taken the appropriate strategy for positioning itself by providing a favorable comparison to the market-dominant Vicks Nyquil. The comparison denotes that Alka-Seltzer does have a competitive advantage in the further reaching treatment capabilities of its cold remedy. This competitive advantage is considerably tempered by its association with acid reflux and the equally strong association between Nyquil and cold treatment.

The best way to overcome this is to use a penetration strategy of pricing, which will allow consumers to make a favorable price comparison….....

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