Why it is important for a business to have contract in place
Problem
Why it is important for a business to have contracts in place to secure procurement of its critical good and services along the supply chain. What is the risk if contracts are not in place?
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Why might the breakeven point have increased in this scenario? What would you do if you were the controller in this scenario? Justify your answer.
According to Australian Consumer Law what consumer guarantees must a business provide to its customers in relation to the provision of both goods and services.
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Why it is important for a business to have contracts in place to secure procurement of its critical good and services along the supply chain.
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Describe at least two examples of how understanding present value and future value calculations could be useful in helping you make personal financial decision.
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