The Renegotiation of Existing Agreements Occur Frequently and Are in Response

question 67

Essay

The renegotiation of existing agreements occur frequently and are in response to three situations: (1)postdeal negotiations; (2)intradeal negotiations;and (3)extradeal negotiations.Explain the different situations.

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Definitions:

Revenues

Income generated from normal business operations and includes discounts and deductions for returned merchandise.

Net Income

Profit of a company after all expenses, including taxes and costs, have been subtracted from total revenue.