If the values of the items exchanged in a contract are unequal courts generally:
a. hold that the contract is not binding
b. require the parties to rewrite the contract c. support the contract anyway
d. require the offeror to add something to the contract e. require the offeree to add something to the contract
c
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Expected annual usage of a particular raw material is 1,200,00 . units, and standard order size is 10,00 . units. The invoice cost of each unit is $145, and the cost to place one purchase order is $105 . The estimated annual order cost is:
a. $12,000. b. $17,400. c. $12,600. d. $800,000.
Rather than electing or appointing a group member to a leadership position, group members choose to eliminate from consideration those members who do not demonstrate leadership behaviors. This is referred to as the ______ approach to leadership.
a. emergent leader b. counteractive influence c. process of elimination d. evolving leader
Which of these aggregate planning strategies is a capacity option?
A) back ordering B) using part-time workers C) counterseasonal product mixing D) changing price E) promotion
Which of the following is NOT one of the six basic questions that a forecast must answer?
A) Who will be using the forecast? B) How much time do I have to develop the forecast? C) What is the time period of the forecast? D) How relevant is and what is the availability of historical data? E) How much profit will the firm be able to make?