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Santucci Construction bid on a contract to construct the main drain for the Dan Ryan Expressway in Chicago. The bid was submitted to the Cook County Board of Supervisors .Four bids were submitted: Santucci’s bid was for $1,095,000, the other bids were $1,700,000, $1,720,000, and $1,800,000. Santucci’s bid was selected by the Board. Later Santucci discovered that it had used the wrong figure for determining the cost per lineal foot. It had determined that the cost would be $142.75/ft, but they had erroneously used an earlier figure of $108.50/ft. in computing the bid. Can Santucci rescind the contract? Explain.
If a company, with a normal payback requirement of two years or less, uses subsequent techniques, explain how might company adjust for projects of differing risk in approval process.
Identify three of the criminal penalties that can be charged under the Sarbanes-Oxley Act. How do these sections of the Sarbanes-Oxley Act promote ethical behavior by corporations?
A company makes products A and B from 2 resources, labor and material. The company wants to determine the selling price which will maximize profits.
What is meant by improving patient adherence? Can health-related theories in psychology be used to predict who will and who will not adhere to medical advice? Why or why not?
Supertowne (a fictitious organization) is a nationwide superstore. The board of directors and leadership has decided to expand Supertowne, opening stores in both Canada and Mexico. Their long-range plans include expansion into many other countries. Y..
Which type of process would be LEAST likely to produce goods for inventory rather than for a specific customer request?
Pick one product with which you are familiar. Complete three to five line items such as Job shop, batch, assembly line, or continuous flow approach, on the Process Design Matrix. Pick one service with which you are familiar. Complete three to fi..
ch student will be required to complete a term paper outlining a specific segment of interest within the hospitality and tourism industry. The parts of the paper should include the following information:
What best practices do you recommend for leading a virtual cross-cultural team. What is the difference between leading a U.S.-based virtual cross-cultural team and a global virtual cross-cultural team.
Risk is often described as the event that "might" happen during the course of a project. Explain how risk has impacted a project that you have been associated with as a team member or project leader.
the role of supply chain logistics, distribution, and warehousing in an organization. skills needed in effective management of supply chain logistics in an organization describing organization size from medium to large
Operational smoothing results from a change in the economic transaction underlying an event, resulting in different appropriate accounting for it. What accounting smoothing technique would get income into the following month without changing operatio..
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