Discuss why force majuere clauses are beneficial especially in international contracts
Force majuere clauses deal with unexpected changes in governmental or other political environments, so the effects of war or changes in commerce due to a change in ruling governments can be described in advance in the contract without leaving the parties uncertain of these effects. This method is normally more beneficial to the parties than the delay and the uncertainty of a court decision on these kinds of changes.
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The U.S. accounting standards are more principle-based than IFRS
a. True b. False Indicate whether the statement is true or false
Branding is ________
A) all about creating unanimity between products B) the process of performing market research and selling products or services to customers C) endowing products and services with the power of a brand D) the process of comparing competing brands available in the market E) use of online interactive media to promote products and brands
The software team at MK Metasources has designed a new software that will reduce the time taken for a particular process by 50 percent. During the launch of this software, the head of the software team explains the difference between the new software and the existing software to the employees. During the explanation, in order to avoid making abrupt changes in thought, the head of the software
team uses words like "however," "on the contrary," and "despite." In this scenario, the head of the software team has used _____ to give the explanation. A) ?contrast connectors B) ?time connectors C) ?similarity connectors D) ?cause-and-effect connectors
Answer the following statement(s) true (T) or false (F)
1. The weighted moving average forecasting technique tends to do a good job tracking trend in demand. 2. The exponential smoothing forecast technique is widely used due to its relative simplicity. 3. Forecast error is defined as the forecast minus the actual demand for a period. 4. In CPFR, trading partners should exercise caution and be reluctant to share information. 5. It is particularly easy for services to use aggregate planning techniques.