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Q. Jeremy took his mother on a special holiday to Mountain Air Resort. Jeremy was a frequent patron of the resort also well known by its manager. The resort required each of its patrons to make a large deposit to ensure payment of the room rental. Jeremy asked the manager to waive the requirement for his mother also told the manager which if his mother for any reason failed to pay the resort for her stay there, he would cover the bill. The manager agreed to waive the deposit requirement for Jeremy's mother. After she returned home, Jeremy's mother refused to pay the resort. The resort manager tried to collect the sum from Jeremy, but Jeremy also refused to pay, stating which his promise was not enforceable under the Statute of Frauds. Is Jeremy correct? Elucidate.
The Clothes Factory wants to increase capacity by adding a new sewing machine. The fixed costs for machine A are $9,000, and its variable cost is $4 per unit.
What is the current value of the firm and what is the ex-dividend price of Novis's stock if the board follows its current policy?
Examine two legal responsibilities that employers have regarding their participation in unions. Suggest two ways in which management and unions may negotiate mutually beneficial contracts.
Determine if there is a important market for its merchandise in a specific mall location where it is considering opening a store
From an organizational behavior perspective, power is the capacity to influence the behavior of others. Power relationships are the medium within which business is conducted.
why does solutions to adaptive challenges reside not in the executive suite but in the collective intelligence of employees at all levels.
Explain your new policy and refuse, as gently as possible, the request for a donation. Remember the goal is to refuse and still keep the people working with the organization as potential customers for your business.
Kate is a wonderful accountant and she just has a difficulty with telling "everything she knows." You discovered this out quite by accident.
Discuss the following approaches to discipline: hot-stove rule and progressive discipline. Which one do you think is the best approach? Explain your answer.
What specific kinds of research, testing, or surveying might you have performed if you were the decision maker in a similar situation in the future?
Compute the equivalent cost of owning and operating if the discount rate is 5% per year and Calculate the equivalent cost of owning and operating if the discount rate is 15% per year?
All five reps currently earn salaries near the top of the scale ($15,000 higher than the new recruit), although they all started at the minimum starting salary a few years earlier. Use equity theory to explain why the five service representatives ..
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