Starbucks is using its purchasing power to continue its quest to reduce its energy usage. Recently, the company announced plans to replace all of the traditional incandescent and halogen bulbs in its stores worldwide with more efficient light emitting diode (LED) bulbs - a move the company claims will enable it to cut energy consumption in its stores by up to 7%. Starbucks would be considered a leader in
A. cause marketing.
B. sustainable development.
C. ecological procurement.
D. sustainable procurement.
E. ISO 9000 certification.
Answer: D
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All of the following are advantages of real-time processing of sales except
a. The cash cycle is shortened b. Paper work is reduced c. Incorrect data entry is difficult to detect d. Up-to-date information can provide a competitive advantage in the marketplace
Terminating a franchise results in more lawsuits than any other issue in franchising.
Answer the following statement true (T) or false (F)
Who among the following is most likely not considered a merchant according to Article 2 of the UCC?
a. Jim who owns a wholesale auto parts business. b. Tom who, as a hobby, builds and sells birdhouses on the weekends. c. Kay who sells her 3-year-old fishing boat to her neighbor. d. Jan, who is not knowledgeable about selling sailboats, but who employs an experienced expert in the trade.
Defenses of the insurer include:
a. misrepresentation. b. judgment pro rata. c. concealment. d. Both misrepresentation and concealment. e. Both judgment pro rata. and concealment.