Search results
Results From The WOW.Com Content Network
Some vendors manufacture inventoriable items and then sell those items to customers, while other vendors offer services or experiences. The term vendor and the term supplier are often used indifferently. The difference is that the vendors sells the goods or services while the supplier provides the goods or services. [1]
Over the years, the street vendors have organized themselves into trade unions and associations, and numerous NGO's have started working for them. In fact, The National Association of Street Vendors of India (NASVI) based in Delhi, is a federation of 715 street vendor organizations, trade unions and non-governmental organizations (NGOs). [11]
However, the vendor is not paid until the customer issues the items from stock and within a delay according to agreed terms of payment. [11] This enables risk-sharing between both parties, as the retailer carries risk of obsolescence while the vendor would have been accountable for capital costs and fluctuation in prices of the inventory. [10]
The relationship between buyers and sellers as the main body of the market includes three situations: the relationship between sellers (enterprises and enterprises), the relationship between buyers (enterprises or consumers) and the relationship between buyers and sellers. The relationship between the buyer and seller of the market and the ...
If an auction is cancelled by the seller, they will claim for damages in the amount of the difference between the maximum bid at the time of the auction cancellation and the price of a replacement purchase of the offered item in the auction, when the market is in equilibrium, even if the seller has not sold any of the items, the shadow of ...
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".
“Sell to open” is an instruction to sell or short an option to open a transaction, while “sell to close” means the reverse: closing a transaction by selling an option purchased for the ...
In many cases the RTV was originally returned to the seller by the end consumer. While RTV transactions usually occur between the seller and the vendor, in some instances the end consumer returns the product directly to the vendor, sidestepping the distributor. [5]