Buyers' behavior is unimportant to channel members.
Answer the following statement true (T) or false (F)
False
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Describe the conflict between the need for cost information to make managerial decisions and the timing of the availability of actual cost data. How do companies resolve this conflict?
What will be an ideal response?
In the Hawthorne studies of teamwork, group norms:
a. Controlled the amount of work people performed b. Were nonexistent because management was so controlling c. Had only benefits for the group and organization d. Lead to only problems for the group and organization
The corporate form of business
a. was first known and used by the Greeks and then spread through the Romans to England. b. was not known until the advent of the Industrial Revolution. c. was first allowed in the State of New York around 1811 and is considered to be an American creation. d. is a relatively new concept developed shortly after the Great Depression.
Meister Bros. shipped 250 radiator belts to fill Braybon's order. Quality control measures had been in place in Meister's factory when the belts were manufactured. When Braybon received the order one day before it was due, it notified Meister that it rejected the belts because of a variation from the contract specifications. Meister, although it believed the original belts met the contract
specifications, notified Braybon that it would supply conforming goods within one week. When the conforming goods arrive in one week a. Braybon must accept them, but does not have to pay the full price because the contract deadline has passed. b. Braybon does not have to accept them because Meister Bros. only has one chance to fill the order correctly. c. Braybon should accept them because Meister Bros. has a right to cure even after the contract deadline under these circumstances. d. Braybon does not have to accept them because Meister Bros. failed to meet its UCC requirement to deal in good faith.