A modification of a preexisting contract occurs when the parties agree to change one or more of its terms and, under the common law, must be supported by mutual consideration to be enforceable
Indicate whether the statement is true or false
True
Business
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Comparing the goals of activity-based management (ABM) and lean operations, we can say that __________ aim(s) to simplify activities
a. JIT b. ABM c. both ABM and JIT d. neither ABM nor JIT
Business
Cost based transfer prices are most appropriate for low cost and low volume services
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Business
By 2015, which racial or ethnic group will have the greatest economic impact in the U.S. in terms of its buying power?
A. Indian immigrants (from India) B. African Americans C. Asian Americans D. American Indian and other native populations E. Hispanics
Business
Sensitivity analysis allows the modeler to relax the certainty assumption
Indicate whether this statement is true or false.
Business