In order for an offer to be valid, an offeror must promise to undertake some affirmative action
Indicate whether the statement is true or false
FALSE
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Test-retest reliability is an approach for assessing reliability in which respondents are administered identical sets of scale items at two different times under as nearly equivalent conditions as possible
Indicate whether the statement is true or false
Without a strong and efficient marketing channel system, merchandise isn't available when customers want it.
Answer the following statement true (T) or false (F)
A for-profit firm delivers ________ in exchange for money from consumers
A) demand B) value C) perceived need D) perceived want E) need
Seven Seas Boat Company manufactures 100 luxury yachts per month. A security system is included in each yacht. Seven Seas Boat Company manufactures the security system in-house. The company is considering the possibility of outsourcing the production of the security system in order to close down some of its facilities and reduce administrative costs. At present, the variable cost per unit is $325, and fixed costs are $39,000 per month. Assuming the company outsources the production of the security system and the fixed costs could be eliminated entirely, at what contract cost would outsourcing pay off for Seven Seas? (Round to the nearest whole dollar.)
A) at any cost lower than $390 per unit B) at any cost lower than $325 per unit C) at any cost lower than $815 per unit D) at any cost lower than $715 per unit