App Developers, Inc (ADI), enters into a contract with Carmen, the chief executive officer of SalesCorp, to create an app for the firm. To fulfill the contract, ADI hires Max and ten other student interns. With respect to the contract between ADI and Carmen, Max is
a. an intended beneficiary.
b. an incidental beneficiary.
c. a delegate.
d. an assignee.
b
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A supply chain includes only processes and services that add value to the final product or service
Indicate whether the statement is true or false
If Albertsons Market advertise 2-liter bottles of Coca-Cola for 89 cents to generate store traffic so that shoppers will purchase other items at regular prices, the grocer is using
A. reference pricing. B. a price leader. C. special-event pricing. D. comparison discounting. E. professional pricing.
Which of the following horizontal restraints of trade has the element of monopoly in it?
A. conscious parallelism B. market sharing C. group boycott D. exchange of nonprice information
When there are more workers available than jobs, the market can get some of them to work for ________.
A. more than the normal rate B. extra benefits C. less than the normal rate D. product market competition E. fewer breaks