Assignment
• Describe three key concepts you consider most important in the total cost of ownership.
• Describe how price discounting would influence the understanding of purchasing as a profit center.
• Explain what and how a small business can apply and benefit from the strategic cost management. Give at least two examples.
• Describe one of your business negotiation experiences. Explain how your negotiation impacted directly and/or indirectly to the profit and/or the expense of your company or organization. If you do not have business negotiation experience, describe one business negotiation experience you observed or learned about.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.