All states allow the remedy of rescinding a contract for the sale of goods while still allowing the remedy of suing for damages

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Perceived value refers to the gap between actual needs and satisfied needs of a customer

Indicate whether the statement is true or false

Business

Mean time between failures (MTBF) is a quantitative measure of ______.

A. availability B. maintainability C. redundancy D. reliability

Business

Answer the following statement(s) true (T) or false (F)

1. Product strategy is one of the sales and operations planning strategies. 2. Cost is a nonlinear function of unit cost and the number is an assumption regarding the application of the trial-and-error approach to developing a sales and operations. 3. Involving supply chain partners in the sales and operations planning process increases the level of uncertainty in the supply chain. 4. Developing a global sales and operations plan is due to a lower product demand volatility caused by swings in demand. 5. Global sales and operations plan must be managed separately through the respective functions (manufacturing, sales, finance).

Business

The Japanese experience showed that one of the biggest costs of poor quality is lost customers.

Answer the following statement true (T) or false (F)

Business