Tom owns a hardware store at which he sells power tools. He sells a cordless drill to Victor who

takes it home and is injured when he uses it, because the drill is defective.

Victor can sue Tom
for a breach of the implied warranty of merchantability.

Indicate whether the statement is true or false


TRUE

Business

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Customer relationship management enables companies to provide excellent real-time customer service through the effective use of ________

A) reports from mystery shoppers B) survey data from customers who have defected C) market research D) individual account information E) demographic trend data

Business

Effective internal control requires a department to purchase supplies on its own

Indicate whether the statement is true or false

Business

An organization's four basic stakeholder groups include investors, employees, internal business processes, and customers

Indicate whether the statement is true or false

Business

Enforcement of the ethics code is essential to be effective. Which of the following elements of compliance is not relevant?

a. Top management and their supervisors participating in the same programs as employees b. Static and not updated c. Consistency in enforcement d. Clarity of the code contents

Business