Sports Village advertises a sale of snowboards. It says that the Snow Knife board is regularly $800 and is on sale for $400. It turns out that the Snow Knife board sells at most stores in the city for
$500.
As a result which of the following statements is FALSE? Sports Village
A) is guilty of misleading advertising
B) has done nothing wrong as it had sold this board for $800 for the first week of the winter
C) could face an AMP of up to $10 million
D) could be ordered to publish a corrective notice
E) could face penalties under either the criminal matters section or the civil reviewable matters section of the Competition Act
B
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Williamson says that market failure problems that result from contracting through vertical integration can be solved through ______, _____ and _____.
a. Organizational design/innovation/creative destruction b. Information flows/negotiating costs/incentive alignment c. Managing uncertainty/being boundedly rational/being fast to market d. None of the above
Big Cars Automotive is a car manufacturer based in Asia but with plants in the United States. It has a typical mix of men and women in its work force, and its senior-level managers reflect the typical diversity of any large American company.
Recognizing the changing values and goals of American society, the company allows men and women to shift to part-time work or job-sharing when desired in order to help with child rearing responsibilities at home. They then let these employees return to regular full-time jobs with career tracks when available.
While Big Cars has a tough sexual harassment policy, it seems to tolerate the posting of explicit photos in public areas, lewd conversations or jokes in mixed gender groups, and sexual innuendo between first-line supervisors and workers. Their attitude is, what can you do about the way people talk?
Refer to Case 16.1. Some of the employees without children are upset about the flexibility parents have in order to deal with child rearing responsibilities. What can Big Cars Automotive's management do to avoid resentment from building?
A) ?Allow all employees to apply for flexible schedules.
B) ?Give those employees without children a salary increase.
C) ?Explain the reasoning for flexible schedules to the employees without children and hope they understand why it isn't an option for them.
D) ?Allow employees with children to bring their children into the office if they have to work late.
Dell established its company primarily with direct telephone-and Internet-based sales. In terms of Dell's global expansion strategy, which of the following statements is most accurate?
A. Dell maintains the exact same U.S. strategies that brought it this far because it sees no reason to mess with success. B. Dell distributes its products through individual sales associates who reach out to customers with a first-hand experience at their doorsteps. C. Dell partners with each country's largest department stores and sells its computers in the small appliance department. D. Dell issues its own credit card through multinational banks, making it possible for customers who would not normally qualify for credit to do so. E. Dell sells its computers via word of mouth, which is the most powerful method for consumer electronics.
Specialized search engines can help a business buyer search for products using purchase specifications.
Answer the following statement true (T) or false (F)