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Please see attached response.
The correct answer is "Prices are based on vendor costs". Negotiation strategies involve approaches taken by purchasing personnel to develop contractual relationships with suppliers.
The correct answer is "produce goods or services previously purchased. "Vertical integration is the degree to which a firm owns its upstream suppliers and its downstream buyers. Contrary to horizontal integration, which is a consolidation of ...
The solution discusses a cost-based price model for negotiation strategy as well as baclward. forward and balanced vertical integration.