Which of the following statements is true about the Internet?
a. The Internet has shifted all shopping power to consumers
b. Consumer reviews on the Internet about various products tend to be equal in quality
c. Business-to-business auctions on the Internet are likely to be the dominant form in the future
d. Extranets are programs that search the Internet for the best price for a particular product
ANSWER: c
Business-to-business auctions on the Internet are likely to be the dominant form in the future. The business-to-business auction world is shifting from haggling over prices to niggling over parameters of the deal.
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Appliance America's customer complaints have increased because its drivers often get lost when attempting deliveries, which means that the deliveries arrived late. The drivers have resisted using GPS systems, claiming they know their territories. But managers are now encouraging them to look for the best solution to the increased level of customer complaints. Appliance America is in the ________ stage of Lewin's change model.
A. changing B. unfreezing C. evaluation D. learning E. refreezing
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Indicate whether the statement is true or false
The term "usage of trade" refers to previous conduct between parties that a court may regard to interpret their expressions and other conduct
Indicate whether the statement is true or false
Bankruptcy judges are appointed for ________ terms.
A. life B. staggered 5-year C. various D. 14-year