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On May 1, Newtown Motors, a used-car dealer, wrote a letter to O'Reilly, which stated, "We have a 1969 Pontiac Firebird in mint condition that we will sell you for $12,500 at any time before June 1. [Signed] Newtown Motors." By May 15, having heard nothing from O'Reilly, Newtown Motors sold the Firebird to another party. On May 25, O'Reilly told Newtown Motors that he accepted the offer and tendered $12,500. When Newtown Motors told O'Reilly it had sold the car to another party, O'Reilly claimed Newtown Motors had breached their contract. Is Newtown Motors in breach? Explain.
social loafing can be a very detrimental practice to the effectiveness of an organization. explain what is meant by
The demand for a particular part called SKU 005 is 1,200 units a year. The cost of one SKU 005 is $40.00. It costs $35.00 to place an order of SKU 005, and the holding cost per unit per year is 28% of unit cost. What is the combined annual holding an..
What are the essential differences among the relationships of principal and agent, employer and employee, and employer and independent contractor?
Acme, a car company, is a new used-car dealership in the local community. The company has the following departments and business units: New and used-car departments Facility maintenance department accounting service department Paint and body shop dep..
Discuss the role of job satisfaction and provide examples of strategies a manager can use to motivate an employee. if you were a Human Resource director, how would you coach a new manager to complete performance assessments with their employees? How ..
List two main implementation categories of the "supplier Partnership Critical Success Factors in the Phases of Implementation". Include the key elements that are associated with each.
C Teddy Bowers sells these parkas at $22 each. Unsold parkas have little value; Teddy Bowers simply gives them away to a charity at the end of the winter season. (Ignore any potential tax consequence and other related costs - e.g. shipping, distribut..
What kind of advertising would you use for your organization, if they could afford the price? What kind of marketing communications would be effective? Who is their target audience?
The new chief executive officer (CEO) of your company is a strong believer in the four functions of management theory. In preparation for a management meeting, he has asked you to write a report that he can use to explain the theory to his managem..
What are two core competencies of Facebook? Explain how they meet the criteria for a capability to be considered a core competency. What sustainable competitive advantage does Facebook have now? What is one area where you think Facebook can develop a..
Studies on how managers perceive poor performance by a subordinate find that: Which of the following is a cognitive strategy for self management? Which was not found in the research on leader-member exchange? Which of the following is a recommended g..
President Abraham Lincoln very succinctly explained his rationale for his condemnation of and opposition to slavery, to wit: "As I would not be a slave, so I shall not be a master." Lincoln's reasoning best exemplifies what ethical theory?
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