Charlene Brown has possession of a check made out to the order of Charlene Brown (herself) which she received in payment for writing a manuscript for her publisher. Charlene is a holder in due course and the publisher cannot claim any "real" defenses to payment. Charlene has an unconditional right to be paid for the check
Indicate whether the statement is true or false
True
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Describe the three types of generic strategy that can be used by an organization.
What will be an ideal response?
We know that most of the units that we sell will not last more than two years. After two years the buyer will have to buy the unit all over again, and that is acceptable to us, because it guarantees us sales in the future. This is an example of which philosophy?
a. supply chain management b. planned obsolescence c. just-in-time inventory control d. materials requirements planning e. enterprise resource planning
Which of the following is a feature of the maturity stage of the industry life cycle?
A. The focus on product innovation is higher than that on process innovation. B. The market reaches its maximum size. C. The industry structure is more monopolistically competitive. D. The competitive intensity within the industry is at its peak.
The Oak Grove Partnership decided it would buy personal computers for use by each partner. Unknown to the other partners, Cromwell, a partner, had an ownership interest in a computer store and thought he could get the computers for the partnership at the best price because of his inside position. He did, in fact, obtain eight computers at only $150 above the manufacturer's price, which was $250
less than the next lowest bid for each computer. What consequence? A) Because Cromwell did not tell his partners of his inside position with the computer store, there will be no sale. B) Since Cromwell obtained the lowest price available, the deal will go through. C) Cromwell will have to give his part of the sales profits to the partnership. D) Cromwell will have to rescind the contract and go with the next highest bidder.