Duress occurs when one of the parties threatens to do a wrongful act unless the other party
enters into a contract.
Indicate whether the statement is true or false
TRUE
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The task of any business is to ________
A) create customer needs B) differentiate in terms of cost of production C) deliver customer value at a profit D) reduce competition E) communicate similar value as provided by competitors
Which of the following is NOT true of the action strategy?
A. Results from knowing how an organization's policies and procedures contribute to public relations problems B. Does not relate to two–way symmetrical public relations C. Concentrates on adjustment and adaptation within the organization D. Includes changes within the organization E. Should be coordinated with the communication strategy
_____ involves summarizing information in your own words without changing an author's intended meaning.?
A) ?The paraphrase method B) ?The citation method C) ?The direct quotation method D) ?The statistical analysis method
Rosie's Company has three products, P1, P2, and P3. The maximum Rosie's can sell is 65,000 units of P1, 24,000 units of P2, and 12,000 units of P3. Rosie's has limited production capacity of 9,000 hours. It can produce 12 units of P1, 6 units of P2, and 3 units of P3 per hour. Contribution margin per unit is $5 for the P1, $15 for the P2, and $25 for the P3. What is the most profitable sales mix for Rosie's Company?
A. 12,000 P1, 24,000 P2, 12,000 P3. B. 16,800 P1, 20,000 P2, 12,000 P3. C. 10,800 P1, 25,000 P2, 10,800 P3. D. 12,000 P1, 20,000 P2, 1,200 P3. E. 10,800 P1, 24,000 P2, 12,000 P3.