X-ron Perfume is sold only in one major department store for each city. X-ron will deal only with one department store and will not sell to other stores. Are there any antitrust violations with this arrangement?


Not so long as there is interbrand competition - intrabrand competition can be limited. So, as long as there are other perfume brands being sold in the same market, X-ron can limit its sales to one store.

Business

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Which of the following criteria must be met in order to recognize revenue in the current accounting period?

a. Delivery has occurred or the services have been rendered. b. Price is fixed or determinable. c. Collectibility if reasonably assured. d. All of the above.

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Hiring at Southwest Airlines is best summarized by the word "humor."

Indicate whether the statement is true or false

Business

The current dominant assumption in management theory suggests that ________.

A. an organization's success or failure is due to external forces outside managers' control B. managers' roles are increasingly becoming peripheral and staff manage their own areas of expertise C. managers are directly responsible for an organization's success or failure D. managers cannot significantly affect an organization's performance because they are constrained by the abilities of their employees

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In 1999, the Drugs-R-Us began testing its new drug, Reduceo, a medicine to help people lose weight. Tests looked promising and, in 2006, the company applied to the FDA for approval to market Reduceo as a prescription drug. In March 2009, the FDA granted Drug-R-Us approval to market Reduceo. Reduceo was sold with some "diet enhancing" cookies that contained no drugs but were claimed to help

dieting with Reduceo. Frank saw an ad for the new drug. The Reduceo ad stated that it was a "wonder drug" and "tests prove it is the safest weight reduction drug on the market today!" Frank was interested and made an appointment to see his doctor. Frank's physician prescribed the new drug for his patient. Frank had no success using other weight-loss drugs, and dieting and exercise seemed ineffective. Frank took Reduceo from June until the end of August and lost 25 lbs. He also ate Reduceo's cookies. He was delighted with his weight loss, but was concerned because dots appeared before his eyes, causing disorientation. One day, the dots appeared before Frank's eyes while he was driving. He became disoriented and hit a tree and was seriously injured. He sued Drugs-R-Us, alleging negligence in manufacturing and inadequate warning of possible effects, as well as for deceptive advertising. After Frank had his accident, other people who were taking Reduceo reported seeing spots and becoming disoriented. If many people taking experience this side effect, what enforcement activities could the FDA use? a. the agency may order the drug off the market b. the agency may sue the manufacturer for breach of contract c. the agency may seize shipments of the drug d. the agency may order the drug off the market and seize shipments of it e. none of the other choices

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