Identify the situation where channel members have significant bargaining power over the marketing manager
A) When the channel's sales volume is low relative to the product's total sales volume.
B) When the product is well differentiated from competitors.
C) When the channel poses a credible threat of backward integration.
D) When the channel has high switching costs.
C
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The ________ comes into effect when a contract describes itself as being complete and final, preliminary or informal agreements made prior to or at the same time the contract was made will be ignored when interpreting it
A. choice-of-law clause B. Ultravires rule C. parol evidence rule D. per se rule
The two basic elements to consideration are legal adequacy and a bargained-for exchange
a. True b. False Indicate whether the statement is true or false
Barriers to learning from post-project reviews include each of the following except
A) psychological barriers. B) team-based shortcomings. C) location barriers. D) epistemological constraints.
When one party breaches a contract, the discharged party
A. has no obligation to perform. B. may sue the breaching party for damages. C. has no obligation to perform, and may sue the breaching party for damages. D. None of these are correct.