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According to VB Theory,sigma Bonds Are

question 26

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According to VB theory,sigma bonds are:


Definitions:

Outsiders

Individuals or entities that are not directly involved in a project or organization.

Fixed Price Contracts

Agreements where the service or product is provided for a set price, regardless of the actual cost to complete the project.

Qualified Supplier

A supplier that has been evaluated and meets all criteria and standards for providing goods or services to a company.

Cost Reimbursable Contracts

A type of contract where the seller is paid for all legitimate costs incurred plus an additional fee as profit, which can be fixed or a percentage of costs.

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