What is the relationship between market structure and the buyers ability to influence price? (397-399)
2 kinds of analysis are discussed in chapters 14 & 15 price analysis and cost analysis. What is price analysis in your own words. How does it differ from cost analysis (407)
Explain each of these 5 tools or information sources that the buyer may use to perform price analysis. Note any caveats for the use of each:
Competitive Price Proposals
Regulated Prices
Catalog Prices
Market Prices
Historical Prices
Internet (exchanges, reverse auctions)