An innocent party to an anticipatory repudiation of a contract has the right to treat the repudiation as a present, material breach and may file suit
Indicate whether the statement is true or false
True
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The Internet, though very effective in disseminating information to specific target groups, costs much more when compared to other media.
Answer the following statement true (T) or false (F)
Which of the following strategies would a company most likely use to increase customer satisfaction?
A) decreasing the variety of offered services B) divesting C) lowering prices D) "firing" unprofitable customers E) limiting customer experiences with a brand
Which of the following is a drawback of cost-based pricing?
A) Sellers earn a fair return on their investment. B) By tying the price to cost, sellers simplify pricing. C) When all firms in the industry use this pricing method, prices tend to be similar. D) This method ignores demand. E) Without a standard markup, consumers don't know when they are being overcharged.
Using the fixed-time-period inventory model, and given an average daily demand of 200 units, 4 days between inventory reviews, 5 days for lead time, 120 units of inventory on hand, a z of 1.96, and a standard deviation of demand over the review and lead time of 3 units, which of the following is the order quantity?
A. About 2,686 B. About 1,086 C. About 1,806 D. About 1,686 E. About 2,206