Which primary supply chain flow is always bidirectional?
A) Product flow
B) Monetary flow
C) Information flow
D) Process flow
C) Information flow
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Frames can lead people to seek, avoid, or be neutral about risk in negotiation. Which of the following statements about issue framing and risk is true?
A. The way an issue is framed influences how negotiators perceive risk and behave in relation to it. B. Focusing on the lower boundary price during negotiations rather than the target price can lead to higher outcomes. C. Negotiators are more risk-seeking when the is framed as a possible gain. D. Negotiators are more risk-averse when a decision problem is framed as a possible loss.
Which of the following is the correct sequence of reaction to a crisis?
a. Denial, anger, rationalization, depression, acceptance b. Rationalization, anger, depression, acceptance, denial c. Denial, depression, anger, rationalization, acceptance d. Rationalization, depression, anger, denial, acceptance
Jennifer Bloom is writing a paper and she must determine which of Porter's three generic strategies The Museum Company has implemented. Jennifer finds out that The Museum Company offers specialty products found only in museums around the world to affluent customers. What would Jennifer determine The Museum Company is using as its generic strategy?
A. Narrow market, low cost. B. Broad market, high cost. C. Narrow market, high cost. D. Broad market, low cost.
Which of the following is true of the remedy of avoidance used by an injured party of a contract?
A. It can be used without notification to the injuring party. B. It revokes all the provisions governing the rights and duties of the parties. C. It cancels out any provisions in the contract concerning the settlement of disputes, once used. D. It can be used in case a fundamental breach of the contract has been observed.