Explain what is meant by a "combined guarantee."

What will be an ideal response?


Combined guarantees stem from the ambiguity inherent in traditional "full satisfaction" guarantees. The guarantee combines the wide scope of a full satisfaction guarantee with the low uncertainty of specific performance standards. The combined guarantee was shown to be superior to the pure full satisfaction or attribute-specific guarantee designs. Specific performance standards are guaranteed, but should the consumer be dissatisfied with any other element of the service, the full satisfaction coverage of the combined guarantee applies.

Business

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Provide an example of a company that is adapting and thriving in these changing times. Be specific about how it has adapted its marketing strategy to adjust to the times

What will be an ideal response?

Business

Your textbook identifies two communication roles that are very important in networks, like collaborations. The two roles are __________ and ____________.

a. Talker and Listener b. Boundary spanner and Inter-locker c. Intra-locker and Inter-locker d. Boundary spanner and Bridge builder

Business

The U.S. Supreme Court was asked to decide whether same-sex sexual harassment is a violation of Title VII of the Civil Rights Act. This law forbids discrimination in employment on the basis of sex. In interpreting statutes, the court may use all of the following EXCEPT

a. the plain meaning rule. b. legislative history. c. public policy. d. enabling legislation.

Business

A business renders services to its customer for $50,000 on account. Record the transaction in the journal

What will be an ideal response

Business