A principal must ratify an act done by an agent with implied authority before the principal is

liable for that act.

Indicate whether the statement is true or false


FALSE

Business

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Internal factors affecting pricing include the company's overall marketing strategy, objectives, and marketing mix

Indicate whether the statement is true or false

Business

Contribution margin income statement helps managers to view revenue and cost relationships on a per unit basis or as a percentage of sales

Indicate whether the statement is true or false

Business

Answer the following statement(s) true (T) or false (F)

1. A strategic organizational behavior approach is closely related to human capital. 2. A strategic organizational behavior approach is based on the idea that goods are the key to productivity, competitive edge, and financial success. 3. Value, rareness, and importance are all part of human capital. 4. An example of human capital rareness is an employee who has a gift for dealing with customer complaints and can resolve dilemmas. 5. Organizational behavior has looked outside of the business school and uses concepts from many other behavioral sciences.

Business

The standard franchise agreement is governed by tort law

Indicate whether the statement is true or false

Business