Ace Trucking and Blair Packaging signed an agreement to lower prices for those customers who used both their services. Is this an unlawful restraint of trade?
Yes. It involves a combination designed to hurt competitors.
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A/an ______ is formed when two or more organizations combine legal control.
A. merger B. network C. ad hoc alliance D. interpartnership
The rapidly changing business environment caused by increased global competition, customer preference for custom-made rather than mass-produced products, and faster technological change is pressuring companies to make greater use of global product structures.
Answer the following statement true (T) or false (F)
As a field salesperson for a firm that builds custom software for large corporations, Fred relies heavily on consultative selling. His reasons include all of the following except:
A) ?Fred's product is likely to be complicated and high-priced B)? His buyers are likely to be knowledgeable C)? His buyers are likely to be cost-conscious D)? He wants to create long-term customers E) ?To meet his quota, he aims to close quick sales
When a company collects the face value of a long-term investment in bonds at maturity, ________
A) total assets and equity of the firm remains unchanged B) both assets and liabilities of the firm increase C) both assets and equity of the firm increase D) liabilities decrease and equity increases