Many states provide small claims courts. These courts:
a. have limited jurisdiction
b. hear cases involving a relatively small amount of money c. only hear cases involving certain subjects
d. are less formal than other courts
e. all of the other choices are correct
e
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If a firm is considered customer-centric, it implies that the company ________.
A. gives more importance to customers in everything that takes place both inside and outside the firm B. treats employees as customers and develops systems and benefits that satisfy their needs C. does marketing research on all market segments and creates ads that focus on individual market segments D. places employees and customers at the top of the organizational chart E. develops products and services that sell well in both large and small markets including some international markets
At TrueBlue, supervisors, peers, and subordinates all provide input into an employee's performance appraisal. TrueBlue uses a 360-degree evaluation.
Answer the following statement true (T) or false (F)
Which of the following describes the duty of loyalty?
A) It requires managers to make decisions they reasonably believe to be in the best interest of the corporation. B) It prohibits managers from making a decision that benefits them at the expense of the corporation. C) It requires consideration of the interests of the surrounding community. D) It requires using care that an ordinarily prudent person would take in a similar situation.
Collector Carl displays his beer can collection at the local swap meet. Mary sees the collection and is interested in buying it. Carl says he will sell the collection for $1,500. Mary says she really likes the collection but is only willing to pay $1,000. Which of the following is correct?
A)Mary's counteroffer terminates Carl's offer of $1,500. B)If Carl rejects Mary's counteroffer, she can still accept Carl's offer of $1,500. C)Neither offer is valid. Who would ever pay $1,000 or $1,500 for a beer can collection? D)Mary's offer is an option contract and she cannot revoke the offer.