The chain of Mega Hardware stores agreed with Lock Tight Manufacturing not to carry any brand of locks and door handles other than those manufactured by Lock Tight. Mighty Lock threatened to sue for antitrust violations. On what basis and under what statute(s) would Mighty Lock sue?
What will be an ideal response?
Mighty Lock would sue Mega Hardware for violation of antitrust laws because of Mega Hardware and Lock Tight's use of an exclusive dealing contract. Under Section 1 of the Sherman Act and Section 3 of the Clayton Act, exclusive dealing contracts are subject to a rule of reason and are illegal only if they have an anticompetitive effect.
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Followers who avoid out-group membership would ______.
a. be able to take their relationship with the leader for granted b. be able to come and go as they please because they have proven themselves c. would not avoid additional responsibilities d. would show loyalty to their leader even if the leader was engaging in unethical behavior to prove themselves to their leader
If price and demand do vary over time in a global network,
A) flexible production capacity should not be used in the new environment. B) flexible production capacity will be ineffective in the new environment. C) flexible production capacity can be reconfigured to maximize profits in the new environment. D) flexible production capacity should never be used in an uncertain environment.
Amazon not only hosts third-party sellers, but the company also acts as a direct merchant itself.
Answer the following statement true (T) or false (F)
What is a lockbox arrangement, and how does its use reduce a firm's float?
What will be an ideal response?