1. What do you understand by the concept total cost of ownership? As a buyer for...
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1. What do you understand by the concept "total cost of ownership"? As a buyer for a company how do you think this will help you make proper buying decision(s)? 2. Jeff intends to go out to purchase machinery for his farm and he has reached out to you as the company's buyer to assist with the procurement. What do you think will be the components of the total cost for this farm machinery? 3. What is the difference between price and cost analysis? 1. What do you understand by the concept "total cost of ownership"? As a buyer for a company how do you think this will help you make proper buying decision(s)? 2. Jeff intends to go out to purchase machinery for his farm and he has reached out to you as the company's buyer to assist with the procurement. What do you think will be the components of the total cost for this farm machinery? 3. What is the difference between price and cost analysis?
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1 Total Cost of Ownership TCO is an important concept for buyers to understand when making purchasin... View the full answer
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Communicating as professionals
ISBN: 978-0170214971
3rd edition
Authors: Raymond Archee, Myra Gurney, Terry Mohan
Posted Date:
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