Speedboat Corporation refuses to sell its products to WaterWorld, Inc, a recreational water products dealership. This is a violation of antitrust laws if it
a. has an anticompetitive effect on a particular market.
b. results in lower prices for consumers.
c. provides no economic benefits for consumers.
d. is likely to increase competition.
A
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Net realizable value for damaged or obsolete goods is sales price less the cost of making the sale.
Answer the following statement true (T) or false (F)
SAP can reduce the lead time in procurement processes due to its ability to ________
A) perform gap analysis B) share real-time data C) perform manual processes D) decentralize information
Nancy purchased her houseboat six years ago for $35,000. She has lived in the houseboat since she purchased it. A friend has offered $62,000 for the houseboat. If she sells it, she will be able to exclude the gain.
Answer the following statement true (T) or false (F)
Feigenbaum defined the term _____ as an effective system for integrating the quality development, quality maintenance, and quality improvement efforts of the various groups in an organization so as to enable production and service at the most economical levels which allow full customer satisfaction
a. absolutes of quality management b. basic elements of improvement c. quality trilogy d. total quality control