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A Pricing Method Where a Supplier Is Reimbursed for All

question 122

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A pricing method where a supplier is reimbursed for all costs, regardless of what they may be, and who also receives an agreed upon dollar amount of profit that is independent of the final cost of the project, is referred to as


Definitions:

Sensory

Relating to sensation or the physical senses; transmitted or perceived by the senses.

Phonological

Pertaining to the system of sounds in a language and the rules for their combination and use.

Semantic Networks

A model for understanding human memory in which concepts are linked together based on their meanings and relationships.

Notion

A concept, belief, or idea.

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