When Spotting an Opportunity,which of the Following Possibilities Involves Capitalizing

question 129

Multiple Choice

When spotting an opportunity,which of the following possibilities involves capitalizing on new clothing and music trends,the desire for fast food,and growing interest in sports?

• A) Technological discoveries
• B) Demographic changes
• C) Lifestyle and taste changes
• D) Economic dislocations
• E) Government initiatives

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Definitions:

Labor-Hour Contract

A contract in which payment is made based on the number of hours worked, typically used for projects where the scope is not clearly defined.

Hourly Rate

The amount of money paid for each hour of work.

Incentive Fee Contract

A contract type that provides additional compensation to the contractor for exceeding performance targets.

Cost Reimbursable Contract

A contract where the buyer reimburses the contractor for all legitimate costs incurred plus an additional fee for profit.