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Price-based selling is a specific selling technique in which a business exclusively reduces their price in attempt to close the sales cycle. Price-based selling clearly exists in businesses such as: commodity sales, auto sales, hospitality , and even some retail stores.
When making calls to a supplier, a software module should not violate the supplier's preconditions. Design by contract can also facilitate code reuse, since the contract for each piece of code is fully documented. The contracts for a module can be regarded as a form of software documentation for the behavior of that module.
A bid manager's role varies based on the industry and how the individual company has structured their management of sales cycle. A company that depends on short (quick win) sales cycle often relies on proposal managers, where as organisations that depends on longer term, complex sales processes depends on bid managers.
In Design-Bid-Build, owner develops contract documents with an architect or an engineer consisting of a set of blueprints and a detailed specification. Bids are solicited from contractors based on these documents; a contract is then awarded to the lowest responsive and responsible bidder.
Bayesian-optimal pricing (BO pricing) is a kind of algorithmic pricing in which a seller determines the sell-prices based on probabilistic assumptions on the valuations of the buyers. It is a simple kind of a Bayesian-optimal mechanism, in which the price is determined in advance without collecting actual buyers' bids.
A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2]: p2 [3]
Responsibility-driven design is a design technique in object-oriented programming, which improves encapsulation by using the client–server model.It focuses on the contract by considering the actions that the object is responsible for and the information that the object shares.
Model-Based Architecture and Software Engineering (MBASE) in software engineering is a software development process developed by Barry Boehm and Dan Port in the late 1990s. . MBASE focuses on ensuring that a project's product models (architecture, requirements, source code, etc.), process models (tasks, activities, milestones), property models (cost, schedule, performance, dependability), and ...