contractor decided to bid for a major commercial project. The total price of her bid is $10 million. Estimate the total cost of estimating and preparing the bid proposal.

$150,000

Explanation:

The total cost of estimating and preparing the bid would normally fall between 1% and 2% of the total price of the bid.

It would therefore be best to use an average rate of these:

= ( 1 + 2) / 2

= 1.5%

The estimate will therefore be:

= 1.5% * 10,000,000

= $150,000

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

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