Differentiate between a catering contract tendered on a fixed-fee system and a catering contract tendered on a cost-plus terms basis

It is usual for a contract to be drawn up between a catering company and a client that will allow a financial review after an agreed period of time.

a) Differentiate between a catering contract tendered on a fixed-fee system and a catering contract tendered on a cost-plus terms basis.

b) Explain why contract catering companies have increased their share of the market in recent year

 

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