Is there anything I did wrong in the eyes of either party? If you were in the project manager’s situation, how would you have handled this negotiation differently? Explain.
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1.
I was engaged as a freelance project manager to locate someone to fill a highly specialized position. When I asked an outstanding candidate about her salary, she told me a figure that really was far below market average. I guided her to a price that was about twice her original bid but 30% less than my client's budget. I did not inform it to my client and she was employed at the wage I suggested.
Is there anything I did wrong in the eyes of either party? If you were in the project manager’s situation, how would you have handled this negotiation differently? Explain.
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- Wu would like to win the bid on the Worthington job because of the potential for lucrative future business. Assume that Wu cancels the contract in requirement 1 with the lowest opportunity cost, and assume that the three currently available cars would go unrented if the company does not win the bid. What is the lowest amount he should bid on the Worthington job?Mary Gatan had recently joined the ZMA as a sales executive. She was advised to be retrenched because the company was losing heavily, but that she would be given a substantial separation pay. The general manager, however, suggested to Mary to file a letter of resignation from the company, instead of having been involuntarily separated as the latter would have implications of inefficiency on her part. Mary chose to resign from the company and received the sum of P100,000 as separation pay. The above amount is Exempt from income tax Non-deductible expense on the part of the company Partially taxable Taxable in fullFanning Construction Company is a building contractor specializing in small commercial buildings. The company has the opportunity to accept one of two Jobs; it cannot accept both because they must be performed at the same time and Fanning does not have the necessary labor force for both jobs. Indeed, it will be necessary to hire a new supervisor If either job is accepted. Furthermore, additional Insurance will be required if elther job is accepted. The revenue and costs associated with each job follow. Cost Category Contract price Unit-level materials. Unit-level labor Unit-level overhead Supervisor's salary Rental equipment costs Depreciation on tools (zero market value) Allocated portion of companywide facility-sustaining costs Insurance cost for job Complete this question by entering your answers in the tabs below. Required A Required a. Assume that Fanning has decided to accept one of the two Jobs. Fill in the information relevant to selecting one job versus the other. Recommend…
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