Welcome to the 1520 Perfect Dictionary
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| Cost-plus | |
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| COST-PLUS Definitions: i. (in buying agreements) The cost price plus an agreed rate of profit. ii. A cost-plus basis for a contract about work to be done is one in which the buyer agrees to pay the seller or contractor all the cost plus a profit. ______________________________________________________________________ * All six elements should be in. 1. Purposeful and necessary for both seller and buyer. 2. Cost price is verifiable as genuine - has not been manipulated. 3. A profit margin or additional profit is negotiated. 4. Amount arrived at from agreement won't discourage future trade. 5. No financial loss will be recorded by seller, etc. 6. Way of transaction or dealing achieves goal(s) (connect to #4). ____________________________ See perfect CASH PRICE. See perfect COST PRICE. See perfect PROFIT MARGIN. See perfect SENSE OF UNITY. ___________________________________ DUTCH AUCTION? NO ! BUYER'S MARKET? NAH !! SELLER'S MARKET? NAY !!! DEPARTMENT STORE? NOPE !!!! ____________________________________________ Quote: "Money is a terrible master but an excellent servant". - P.T. Barnum. Quote: "Making money is art and working is art and good business is the best art of all". - Andy Warbol. Quote: "Dishonesty makes you lose more while just a little honesty helps you to achieve more". - Anonymous. Quote: "After a certain point in time, money is meaningless. It ceases to be the goal. The game is what counts". - Aristotle Onassis. | |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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