What elements are necessary for an offer to be valid? Give two examples of nonoffers
An offer is an act or statement that proposes definite terms and permits the other party to create a contract by accepting those terms. First the offeror has to intend to make a bargain. Second the terms of the offer need to be definite. Invitations to bargain, price quotes, letters of intent, advertisements, and items on the auction block are generally not offers.
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The ratio of a company's cost of goods sold to its average inventory is called its ________________________________________
Fill in the blank(s) with correct word
Which of the following is not true about 3D printing?
A. It may revolutionize the logistics of spare parts and service activities. B. It provides the technology for increased use of large production runs when companies need inventory of important parts. C. It may change supply chains toward more focus on raw materials. D. The most common current application of this technology is in producing prototypes. E. It is sometimes called additive manufacturing.
Kay and Jenny's, a restaurant, has implemented a new system that identifies and gathers information about its regular customers. It rewards the regular customers by giving them gift coupons and cash prizes. This is most likely an example of a(n)__________
Fill in the blanks with correct word.
SCENARIO-BASED QUESTIONS Concise Language Improves the Quality of a Résumé Interviewers quickly scan a résumé in about 40 seconds to learn about a job candidate's skills, accomplishments, and attributes. Because interviewers spend such a short time
reading résumés, the writing must be direct and simple. Victor, a recent college graduate, designs a résumé and writes the following statements in his résumé to describe his accomplishments. a) I was a receptionist at a doctor's private practice. My work included taking appointments, filing charts, answering phones, and running errands. b) I was a sales person at a hardware store and was selling windows, doors, and tools and providing other customer services. I eventually became a manager at the hardware store. My responsibilities were ordering products and supplies, as well as supervising five employees. c) I spent two summers working at the university's admission office, showing prospective students around the campus and answering phone calls and performing other clerical duties. d) I was a summer camp counselor for special children. My responsibilities included handling special activities and providing daily assistance to kids as required. Required: Rewrite the work experience section of Victor's résumé to make it more effective.