Dixon said to Lynn, "I'll sell you my Korden camera for $75." Lynn said, "No, I already have one." Costello then said, "I'll buy it at that price." Could Costello legally accept Dixon's offer? Why or why not?
No. An offer can be accepted only by the offeree. In this case, Lynn was the offeree, not Costello.
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Which of the following applications is appropriate for using factor analysis?
A) to understand the media consumption habits of the target market B) to determine if variation in market share can be accounted for by the size of the sales force and advertising expenditures C) to identify the characteristics of price-sensitive consumers D) Both A and C are correct.
The strategic role of a company's reward system is to
A. boost employee morale in ways that create widespread job satisfaction. B. enlist employees' commitment to successful strategy execution by rewarding them, both monetarily and non-monetarily, for their valuable contributions. C. compensate employees for performing their assigned duties in a diligent fashion. D. relieve managers of the burden of closely monitoring each employee's performance. E. boost labor productivity and help lower the firm's overall labor costs.
A school is trying to determine a nutritional diet to feed its students. The school would like to offer some combination of milk and beans. The school’s objective is to minimize cost, subject to meeting the minimum nutritional requirements of protein, calcium, and calories. The cost and nutritional content of each food, along with the minimum nutritional requirements are shown here.
At the optimum solution, what is the total number of units of protein included in the diet?
a. 30
b. 40
c. 51
d. 18
What is basis risk?
What will be an ideal response?