Variations that follow a pattern are called ______.

A. cyclic variations
B. random variations
C. predictable variations
D. irregular variations


C. predictable variations

Business

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Yael sent Jen an offer to sell his mountain bike for $150. After thinking about the offer for a few days, Jen sent Yael a letter accepting his offer and asking if he intended to leave the book basket attached to the bike. The next day, before Jen's letter arrived, Yael phoned Jen and told her that he had decided to sell his bike to Jake, who had offered him $200. Which of the following statements holds true of this case?

A. Jen's acceptance was good and a contract was created when Jen's letter was mailed. B. The contract was not valid as the UCC held acceptances to be valid only when they were received and acknowledged in writing by the offeror. C. Jen used unauthorized means of acceptance. D. Yael could revoke the contract as the goods had not exchanged hands yet.

Business

Which of the following statements regarding marketing metrics is true?

A. They are only reliable for comparing results among SBUs. B. Metrics are used at the beginning of the planning process. C. They quantify a trend, dynamic, or characteristic. D. They cannot be used to project the future. E. They make it difficult for a firm to appropriately adjust to its marketing plan.

Business

The McCumber Cube for Data Privacy has three dimensions. Which of the following is NOT a dimension that is used to organize a privacy policy?

a. desired information goals b. countermeasures c. state of information d. use of information

Business

In perfect competition, who sets the price of a product?

What will be an ideal response?

Business