The taking back of an offer by the offeror is Group of answer choices a.revocation b.ratification c.rejection d.cancellation
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- ___________ involves creating extra value in a negotiation where it does not immediately or obviously exist. a) Distributive negotiation b) Integrative negotiation c) Compromise agreement d) Fixed-sum negotiationWhich of the following dispute resolution methods is pro-active, in that it is established before construction (and a dispute) begins? Mediation Arbitration Negotiation Dispute review board LitigationA firm spends a great deal of money in advertising to inform consumers of the brand name of its mushrooms. Should consumers conclude that its mushrooms are likely to be of higher quality than unbranded mushrooms? Why or why not? A. Yes. If the mushrooms were not of high quality, the firm would not spend a great deal of money on advertising. B. No. The fact the firm has to advertise a great deal to promote its brand is an indication that the mushrooms are of a lower quality. C. No. Branding is often used as a means of tricking consumers into thinking that a product is of superior quality when in reality it is not. D. Yes. Branding allows the mushrooms to be easily identified in the future. Thus, if they were of inferior quality, the company would lose customers and go out of business over time.
- Which of the following was the court's decision in the Des Moines Flying Servs. v. Aerial Servs. case referenced in the text? Multiple Choice The court reversed the district court's summary judgment dismissing ASI's implied warranty claim. The court affirmed the district court's summary judgment dismissing ASI's implied warranty claim. The court reversed the district court's summary judgment dismissing ASI's express warranty claim The court affirmed the district court's summary judgment dismissing AST's express warranty claim The court remanded the case to the district court fo rehear the merits of DMFS's express warranty claim.Which of the following is a disadvantage acquiring inputs by using a contract? a Since a contract can specify input prices before making specialized investments, it reduces potential future opportunism. Ob. Contracts are only effective when the likelihood of all consequences that might affect the ability and costs of the fulfilling the contract are NOT well-determined for one or both parties. OC Contracts reduce the incentive for buyers and sellers to skimp on specialized investments. Contracts require legal fees and negotiation expenses to be paid up-front. d. O e. Contracts are only cost effective when the details of a transactions cannot be classified, quantified, and standardized.Which of the following statements, if made by a seller who knows the statement to be untruthful, would NOT be misrepresentation of a material fact resulting in a cause of action for fraud? a. "This horse is only six years old." b. "There is no better car in the world." c. "The tires have less than 5,000 miles on them." d. "This car gets 28 miles per gallon."
- The founder of your company believes that younger employees are more dynamic and perform better in sales positions. He recommends that you set an age requirement for the position for applicants between the ages of 18 and 25 before placing a fresh job ad for your sales division. Is his recommendation reasonable? Why or why not?Only typed answer and please don't use chatgpt otherwise I downvote the answer.and answer correctly Your company's payments for the services provided by the design firm is which of the following? Consideration A bilateral contract A unilateral contract A recital A preambleConsideration must move at the desire of Question 17Answer a. both the promisor and the promisee. b. the promisor, c. the promisee, d. promisor or any other third party, Clear my choice
- The Green Clean Company is a start-up that aims to provide environmentally friendly cleaning services to residential and commercial customers. As a consultant, you have been approached by the company's founders to help them develop a comprehensive business proposal. They have identified their target market, competitors, and unique selling points, but they need your expertise to create a compelling and viable proposal. Question: Based on the information provided, outline the key components that should be included in The Green Clean Company's business proposal. Discuss the importance of each component and provide recommendations on how to effectively present them to potential investors or stakeholders.What Does the Price of a Product Tell You? Question Content Area INTRODUCTION: A product's price is very important to an organization and to its customers. The price of a product can have multiple meanings to an organization's customers and can have significant effects on customers' perceptions of a product. Question Content Area INSTRUCTIONS: You will agree with some of these statements and disagree with others. You may find it hard to make a decision, but you should go ahead and make a choice. Record your answers next to the statement according to the following scale: Strongly Disagree (1), Disagree (2), Agree (3), or Strongly Agree (4). Strongly Disagree Disagree Agree Strongly Agree Question 1. A low price means low quality. 2. There is competition that is not based on price. 3. Profit can be determined by deducting total costs from total revenue. 4. A marketer at a company usually is satisfied if…A rider is an agreement that is sent to the promoter or venue manager that ensures: A. A larger share of advance ticket sales B.The greater share of the profit C. A friendly audience D.The band will receive specific foods, accommodations and comforts