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Professor Himes announces that she plans on selling the answers to Exam 1 at a very reasonable price of $500.00. Kate gives Professor Himes a check for the stated amount. Professor Himes
a. is bound to sell the answers to Exam 1 to Kate because Kate accepted Professor Himes' offer. b. is bound to sell the answers but can require Kate to pay in cash to avoid a paper trail. c. may refuse to accept Kate's check because she only expressed an intent to do something in the future. d. may refuse to accept the check, because she expressed only an opinion as to the worth of her exam answers.
Why is some knowledge of accounting necessary to succeed in business? Name some of the major stock exchanges where securities are traded. Describe the characteristics of each.
You are planning to buy a new IPOD. Initially the rule is “caveat venditor” - Apple is responsible for defects. Illustrate the economic consequences of a change in legal rules to “caveat emptor”. Under which circumstances should the rule be “caveat v..
the warehouse manager asked you to create an example inventory list for his staff. the inventory list is a
Assuming the role of a person living in the colonies who does not support independence, how do you answer those who, like Thomas Paine, call for a permanent separation from Great Britain? What arguments can you use to defend your views?
For a product the demand data has been shown in the table below for the year. Compare the forecasts using a forecasting method with a period of 5 months and an Exponential smoothing Method with an α of 1/3. For Exponential Smoothing use the midpoint ..
Individuals who feel that they have been treated unfairly may file a complaint with local, state and federal agencies. Locate a recent discrimination case from your country or state. What discrimination issue was asserted and what was the outcome in ..
Give an example of an ethical leader and describe why this person fits the definition. Describe ethical culture in your organization (or any other organization). Describe how to create conversations about ethics.
This is a mail-order business for kitchen equipment. Annual demand for its best seller item is 25,000 units. This best seller item is sold at $350/unit, including shipping and handling. It has an earning markup of 20%. What should be the cost per uni..
Does the parallel machine consider as a special case of flow shop? For Weighted problem of parallel machine, If w=2 needs more time ( the RCT is negative ) , the negative number will be subtracted from RCT of w = 1 ? What is the difference between de..
In several congressional sessions, an Employee Free Choice Act was proposed in which unions could organize workplaces through a card check without a secret ballot election. Would company managers prefer a secret ballot or a card check? Why would unio..
What are the four business level cooperative strategies and what are the differences among them? Why do firms use cross-border strategic alliances? What risks are firms likely to experience as they use cooperative strategies? How can a firm manage th..
Illustrate what are differences between tangible also intangible resources. Why is it important for decisions makers to understand these differences.
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