A section in a contract that ensures that providers of goods and services do not encounter unreasonable financial hardship as a result of uncontrollable increases in the costs of or decreases in the availability of something required to deliver products to customers is called a(n) ________ clause.
Fill in the blank(s) with the appropriate word(s).
escalator
Many rental agreements provide a good example of how an escalator clause can be enacted. Landlords often include an escalator clause within the body of a rental contract that makes it possible to increase the monthly rent if taxes on the property go up.
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Management theorist Peter Drucker compared the workplace of the future to a
A. pyramid. B. symphony orchestra. C. flattened oval. D. chess game. E. warship.
A special truck that George needs on his project has been scheduled on another project. This is an example of what type of resource constraint?
A. Equipment B. People C. Working capital D. Materials E. Information
International economic analyses should provide economic data on both actual and prospective markets.
Answer the following statement true (T) or false (F)
Poor process integration along supply chains can lead to all of the following EXCEPT this:
a. Loss of visibility b. The bullwhip effect c. Shorter cycle times d. Stockouts