In Griffith v. Clear Lakes Trout, where a dispute arose over "market size" trout, the court held that it would look to the history of the dealings between the parties to see what they believed, in practice, to be the proper size of the fish

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Sapphire Toys actually sells more than toys. It also sells branded clothing, music CDs, and books for children. This expansion of dealership sales offerings is an attempt to increase the value of the customer base by ________

A) reducing the rate of customer defection B) increasing the longevity of the customer relationship C) enhancing the growth potential of each customer through cross-selling D) making low-profit customers more profitable E) terminating low-profit customers

Business

Nutrimax, a sports foods manufacturer, has recently expanded its operations to different countries. The company has realized that customers in different countries have different tastes and preferences. So, the company customizes its products based on the country where it's selling. In this scenario, Nutrimax is most likely to be using which of the following strategies?

A. Global standardization B. Localization C. Achilles heel D. Centralization E. Transnational

Business

Which of the following budgets or schedules uses data contained in the selling and administrative expense budget?

A. Cash payments schedule B. Cash receipts schedule C. Inventory purchases budget D. Sales budget

Business

True or False In interpreting the multiple regression equation, it can be a mistake to conclude that one independent variable is more important than another just because its partial regression coefficient happens to be large

Indicate whether the statement is true or false

Business