The flow of products upstream in the supply chain is known as ________.

Fill in the blank(s) with the appropriate word(s).


Answer: reverse logistics

Business

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The completeness assertion refers to ensuring that transactions and events that should have been recorded actually have been recorded.

Answer the following statement true (T) or false (F)

Business

Which of the following is not a competency in the skills model?

A. problem-solving skills B. cognitive ability C. social judgment skills D. knowledge

Business

When considering a new applicant for a position, when should a manager ask about conviction history?

a. at the end of the initial interview b. at the beginning of the initial interview c. on the job application form d. when scheduling an interview

Business

Alfred orally promised to pay Robert a salary of $30,000 per year for five years and his moving expenses up to $10,000 if Robert would quit his job and come to work for him at his manufacturing plant. Robert agreed to do so, but requested a written contract. Alfred assured him that the company attorney would prepare such a contract as soon as possible, but Alfred needed Robert to start at once

Accordingly, Robert sold his house, moved his family, and commenced to work for Alfred. He was fired without cause two months later. No written contract was ever executed. Can Robert enforce Alfred's oral promise? a. No. This was a contract for longer than one year and is not applicable to exception. It violates the statute of frauds and is not enforceable. b. Maybe. Robert should go to court under the theory of promissory estoppel. Alfred made an oral promise that Robert relied upon, and the way to avoid injustice is to enforce the promise. c. Yes. This is a personal satisfaction contract, and Alfred gave no reason for dissatisfaction. Robert can recoup the loss he took on the sale of his house. d. Yes. This is a partial performance of the sale of goods. Robert can recoup the loss he took on the sale of his house.

Business