A ______ contract includes a return clause that allows the supplier to buy back unsold inventory up to a specified amount at an agreed-upon price.
a. buyback
b. quantity-flexibility
c. revenue-sharing
d. cost-plus
a. buyback
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A retailer that is vertically integrated
A. concentrates only on operating its own retail stores. B. has limited control on the activities of the supply chain. C. performs more than one activity in the distribution channel. D. concentrates on selling only to businesses. E. outsources all supply chain activities to independent firms.
The aggrieved party--the one calling the pinch--calls a meeting and explains his side of the conflict. The second party--the alleged offender--then repeats what the first party said so to get the message clarified.
What will be an ideal response?
Which of the following would not be an example of a fixed cost?
A) cost to lubricate factory machinery B) factory supervisor's salary C) rent on factory building D) advertising costs
Odette, an accountant, contracts to perform services for Percy. Odette acts in good faith and conforms to generally accepted accounting principles, but makes an incorrect judgment. Odette is most likely? A) liable if Odette failed to discover a defalcation
B) liable if Odette failed to discover a fraud. C) liable if Odette failed to discover an impropriety. D) not liable.