The deviation of actual demand from the forecast is called ______.
a. overforecasting error
b. underforecasting error
c. forecasting error
d. none of these
c. forecasting error
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A manager who wants to introduce flexible work schedules to a company will write which of the following proposals for management consideration?
a. solicited proposal b. RFP c. external proposal d. internal proposal
A full-service restaurant is considering opening a new facility in a specific city. The table below shows its ratings of four factors at each of two potential sites
Factor Weight Gary Mall Belt Line Affluence of local population . 20 30 30 Traffic flow .40 50 20 Parking availability .20 30 40 Growth potential .20 10 30 The score for Gary Mall is ________ and the score for Belt Line is ________. A) 120; 120 B) 22; 24 C) 18; 120 D) 34; 28 E) none of the above
Compare and contrast contests and sweepstakes.
What will be an ideal response?
Rhonda Whelan, a broker, has found a buyer for Melinda Grant's home. Rhonda is the listing broker for the home. The buyer is qualified to purchase the home and has agreed to pay Melinda's asking price. Melinda tells Rhonda, "I know it is a good offer, but I've changed my mind. I don't want to sell." A) Melinda need not pay the commission because the sale did not go through
B) Rhonda is still entitled to her commission. C) There is no offer because it did not come from the seller. D) Melinda owes a percentage of the commission.