The inflation of order sizes to try to receive more product during is a shortage is a response to _______.
a. gaming
b. rationing
c. forward buying
d. excess slack
b. rationing
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The Reciprocal Trade Agreements Act of 1934 allowed the president to lower tariffs by up to ______________ of the existing level, subject to a tariff reduction by our trading partner.
a. 15 percent b. 35 percent c. 50 percent d. 75 percent
A strategic disadvantage of vertical integration is
A. to boost a firm's capital investment in the industry, thus increasing business risk if the industry becomes unattractive later. B. to speed up the company's adoption of technological advances. C. to impair a company's operating flexibility when it comes to changing out the use of certain parts and components. D. to require radically different skills and business capabilities than the firm possesses. E. to impair a company's flexibility in accommodating shifting buyer preferences.
A Mareva injunction stops a defendant from moving their assets out of Canada
Indicate whether the statement is true or false
Curtis enters into a contract with Drive-Away Lease Company for a three-year lease of a car. This contract is subject to
A. Article 2 of UCC. B. Article 2A of the UCC. C. Article 11 of the CISG. D. the common law only.