An invitation to negotiate-"can you afford this?"-is an offer

Indicate whether the statement is true or false


False

Business

You might also like to view...

Chen's Department Store is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $175,000 Purchases 90,000 Inventory (beginning) 23,000 Inventory (ending) 17,000 Purchase returns and allowances 3,000 Purchase discounts 7,000 Transportation-in 4,000 Sales discounts 8,000 Sales returns and allowances 5,000 Refer to the account information

for Chen's Department Store. Determine Chen's gross profit. a. $68,000 b. $72,000 c. $78,000 d. $85,000

Business

The party against whom an action is being brought is the ________

A) remainderman B) plaintiff C) defendant D) complainant

Business

Which of the following is not a valid concern about nonunion committees?

A. Employers might appoint only "loyal" employees to the committee, rather than appointing representative employees. B. Employees might become over-empowered. C. Managers might limit the agenda to only cover noncontroversial issues. D. Employees may not be allowed to express concerns about those in authority.

Business

Scenario 2.1 Use the following to answer the questions. ? Southwest Airlines has a history of being able to retain its employees due to the atmosphere and culture of the company. Employees have been known to dress up in costume on an airplane, engage in "games" with the passengers, and generally provide a fun atmosphere for traveling. While other airlines have low rates of customer satisfaction, Southwest tends to maintain a high rating with its customers. Recent gas price hikes have caused most airlines to charge for checked luggage and to fill every flight to its maximum, adding to the negative experience of airline travel. Southwest keeps its costs low through several methods, one being that they do not serve meals on flights, or provide pre-boarding passes. The typical flight is two

hours or less and occurs between several selected cities rather than flying to practically anywhere in the country. Southwest is known for its low fares, its dependability, and its on-time flights. Refer to Scenario 2.1. Southwest's low fares, dependability, and its on-time flights represent its A. competitive advantage. B. marketing opportunity. C. marketing plan. D. marketing objectives. E. total quality management.

Business