Contract purchasing
Contract purchasing is the company negotiates with the supplier (perhaps after soliciting bids) a contract that defines prices, delivery dates, and other conditions of sale.
Category: Entrepreneurship & Small Business
Previous: ← Common stock certificate
More from this Section
- Trade Secret Protection Methods
Aggressive protection of trade secrets is necessary to prevent intentional or unintentional ... - Cost leadership strategy
Cost leadership strategy is the Generic strategy in which firms strive to have the lowest ... - Private placement
Private placement is a variation of the IPO in which there is a direct sale of an issue ... - Entrepreneurial intensity
Entrepreneurial intensity is referred to the position of a firm on a conceptual continuum ... - Concept statement
Concept statement is a preliminary description of a business that includes descriptions ...