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Question: Tinker Construction had a contract with Scroge to build a factory addition for Scroge by a particular date. The contract contained a penalty clause exacting daily penalties for late performance, and Tinker was working hard to complete the building on time. Because prompt completion of the addition was so important to Scroge, however, Scroge offered Tinker a bonus if it completed the factory addition on time. Scroge also learned that the supplier of parts for machinery that he had contracted for had called and said that it could not deliver the parts on Scroge's schedule for the price it had agreed to. Because there was no other supplier, Scroge promised to pay the requested higher price. The factory addition was completed on time and the parts arrived on time. Scroge then refused to pay both the bonus to Tinker and the higher price for the parts. Were these promises enforceable?
Surveys are a commonly used tool in marketing research. The information they provide can reduce business risk and facilitate decision making.
You would need to trace the history of both the metal chain and the diamond back to their origins and forward until the point at which the diamond and chain are combined to form the diamond necklace.
An aggregate planning model is being considered for the following applications. Suggest an aggregate measure of production and discuss the difficulties.
O'Mally offers to sell her townhouse to Doctor for $200,000. Doctor asks her if she would be willing to accept $175,000. Is Doctor's offer considered.
How did we get from point A to point B? For the first time, Liz tries to look back on her company's history to analyze CanGo's success. Coaches, generals, politicians and business executives use it, but what exactly is strategic management?
Compared to CEO, CFO, President and other executive roles, the role of Public Relations doesn't command the same degree of authority within an organization.
Maintaining a competitive workforce is very challenging in today's economy. The role of evaluating human capital, in recent years, has:
Sanders owned a stamp collection on which she had a valued insurance policy for $1,500. The entire collection was stolen. The insurance company offered to pay.
Which lot sizing rule might use the EOQ calculation? If forecast demand exceeds the total factory or supply capacity, managers might simply decide not to meet forecast demand. This decision would most likely be made at which planning level
Is leadership ability universal, or is a good leader in one environment also effective in another? For example, can a leader in one industry (e.g., a hospital) be successful in another industry (e.g., a bank)?
According to the writer for retention of GEN Y employees what are the common mistakes being made by management and in your opinion what steps can be taken to avoid high turnover rates among GEN Y workers?
The U.S. Department of Transportation provides the number of miles that residents of the 75 largest metropolitan areas travel per day in a car.
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