A local hardware store offers flashlights at “3 for a dollar.” This action would indicate which of the following strategies?
a. psychological pricing
b. skimming
c. value-based pricing
d. fair pricing
a. psychological pricing
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Which of the following is true of a contract in which the goods were destroyed, of no fault of the buyer or seller, before the title to goods passed to the buyer?
A) The buyer has to still pay for the destroyed goods. B) The seller and buyer are excused from contractual obligations. C) The buyer can successfully claim for replacements from the seller. D) The seller is obligated to make a new shipment as the previous contract.
Proximate cause exists when injuries sustained were too remotely connected to an incident to trigger liability.
Answer the following statement true (T) or false (F)
An organization that has a relatively diverse employee population and makes an effort to involve employees from different gender, racial, or cultural backgrounds is a(n) ________ organization.
A. ethnocentric B. bureaucratic C. monolithic D. pluralistic E. homogeneous
Computer inventory systems are often programmed to produce a cycle count notice in which of the following case?
A. When the item has been misplaced in the stockroom B. When quality problems have been discovered with the item C. When the record shows a near maximum balance on hand D. When the record shows positive balance but a backorder was written E. When the item has become obsolete