In another case, Northwest Airlines’ machinists union established a “Farm Out Committee” to review any contracts Northwest contemplated offering to outside companies. Although the union doesn’t insist on doing everything itself, it negotiated with Northwest the option to bid on the business first. The union acknowledged management’s need to procure resources with the best possible [...]
Archive for the ‘business tips’ Category
Where to look for attractive loan offers
Inour study we have highlighted a solid black line that represents the “true” efficient frontier. It is estimated with the “true” means and variance–covariance matrix of asset returns, thus neglecting skewness and kurtosis of the underlying return distributions. However, for the assessment of the effect of errors in parameter estimation on realized risk/return profiles this [...]
Establishing initial credit price
We’ve arrived! We have an offer price! But there’s something missing. Oh, yes, you’re probably wondering what the seller’s asking price was on this property. I won’t keep you in suspense. The asking price was $338,000. Of course, you’re thinking that sounds really high. Here’s an indication of just how high that price is. If [...]