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"Legal Detriment" in the context of consideration means:
a. giving up an existing legal right.
b. taking on a new legal duty
c. giving up an existing legal right or taking on a new legal duty
d. being found guilty in a criminal case
e. getting the short end of the deal in a contract.
Positive externalities are a market failure (lack of efficiency) because: A. One person pays for what someone else gets to enjoy B. Some people don't get enough of what they want because they can't afford it
The requirement that consideration be bargained-for means that:
Product strategy, as part of the marketing mix, should be driven by consumer needs. Consumers make purchase decisions based on perceived benefits. Sometimes translating desired benefits to product design, features, and overall product strategy can be..
Discuss one aspect of the low-cost-carrier business model, such as Ryanair's, that provides a sustainable cost advantage over a large network carrier, for example, British Airways.
Before Dee could get very far with her project to create a blog for the sales force, she needed a budget. For that, she needed the approval of her boss. When Dee explained the idea to him, he was pleased that she was thinking innovatively. How will t..
The Schwab Steel Company is considering two different wire soldering machines. Machine 1 has an initial cost of $100,000, costs $20,000 to set up and is expected to be sold for $20,000 after 10 years.
An airline loses money on one of its routes but has decided to continue to provide service. Could this decision be economically rational in the short-run? In the long-run?
Calculate the total dollar amount of Supervisions cost that would have been allocated to the Shapez product line, if activity-based costing had been used in the last quarter. (Round your answer to the nearest dollar.)
Airline passengers are broadly segmented by purpose of travel. Characterize the two major segments by price elasticity of demand. What is the implication for the price each segment will pay for air travel?
The 50-kg uniform pole is on the verge of slipping at A when θ= 45 °
Consider a G/G/N queuing model with mean arrival rate λ, standard deviation of inter-arrival times σA, mean service rate μ, and standard deviation of service times σS. Prove that the expected waiting time in line for the system where N=1 is at least ..
Discuss the types of organizational culture changes (especially within the medical staff) that will have to take place in order to incorporate IT solutions in the health care workplace.
Discuss some possible clues that might tip off a manager that an employee may be initiating IP theft
Does it matter whether we are talking about a strike fund held by a steel workers' union to pay benefits to its members during a strike, versus a fund used by a not-for-profit as a safety reserve in case its workers go on strike?
write a paper of no more than 1000 words that evaluates alternatives apple inc. must consider to realize growth.
John uses a fixed order interval approach to managing his inventory of corn chip bags (i.e., John orders more bags on the 1st of each month). John doesn't know demand with certainty, but he usually ranges from 2000 to 4000 bags, so he keeps 4500 bags..
Two 150-horsepower (HP) motors are being considered for installation at a municipal sewage-treatment plant. The first costs $4,500 and has an operating efficiency of 83%. The second costs $3,600 and has an efficiency of 80%.
Each year the Smalltown branch of a furniture store sells 20,000 dining room tables. The local store orders tables from the company warehouse providing stock for many local branches and the cost of doing this is $15 per table plus a fixed cost of $10..
Some of these warranties protect the customer from defective products and some (or one) from personal injury. Identify and distinguish these warranties and give examples.
Finally: specify the rating format that will be used: Will employees, for example, be compared to some absolute external standard or will they be compared to their peers?
Bose makes extreme hi-end noise cancelling headphones for use in professional studios. The demand for the head phone model BHP-301 is dependent on the price it charges as defined by the equation, P = 2,700 - 0.0135 D, where P is the price in dollars ..
Develop a SWOT matrix for PepsiCo, Follow all the SWOT guidelines provided in this chapter including notation at the end of each strategy. Include 3 strategies in each of the four (SO,ST,WT,WO) quadrants. Be specific regarding your strategies avoidin..
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