The term regional product is synonymous with local product in the United States
Indicate whether the statement is true or false
TRUE
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Fact Pattern 17-1BKip sells an apartment building to Lacy with a promise to repair the roof, which violates the local housing code, within six months. One year later, Kip sends Milo, a carpenter, to fix the roof. Lacy orders Milo to leave and refuses to make further payments to Kip, who files a suit against Lacy.Refer to Fact Pattern 17-1B. Lacy's refusal to make further payments is most likely
A. a material breach. B. complete performance. C. excused by Kip's failure to fix the roof. D. substantial, but not complete, performance.
Describe and give examples of economic issues that founders of a new business will want to consider in their external analysis.
What will be an ideal response?
Ships, weddings, and estate planning are examples of _____ goods and services
a. make-to-order b. assemble-to-order c. make-to-stock d. continuous flow
MIS can add value to both primary activities and support activities in the value chain. Which of the following is not an example of a company adding value by the use of MIS in a primary activity?
A. Scottrade Corp. creating an online system for employees to track paychecks, benefits, wellness rewards program, and other employee benefit items. B. A system for the sales and marketing departments to track specific sales targets and follow up processes. C. An easy electronic survey, similar to the Survey Monkey, to be sent to the customer right after a service was completed. D. Royal Crest Dairy using their custom order and delivery system through an easily accessible web portal for the customer to track delivery status.