Which of the following statements is true regarding sales contract terms left open under the
UCC?
A) Leaving terms open makes the contract unenforceable.
B) If not stated, the price is a "reasonable" price at the time of delivery.
C) The price may be fixed by a market, a third person, or another standard, if so provided in
the contract.
D) A and C only
E) B and C only
E
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Shoe manufacturers are not going to buy much more leather if the price of leather falls, nor will they buy much less leather if the price rises, unless they can find satisfactory substitutes. This is an example of ________
A) inelastic demand B) direct purchasing C) decision framing D) a modified rebuy E) a straight rebuy
One major aspect of "giving back" is support through ________
A) enlightened self-interest B) voluntarism C) "bring a child to work" days D) community arts projects nationwide
With forecasting error being measured in MAD (mean absolute deviation), the 3? control limits imply ______.
a. the probability that the forecasting errors are attributable to random variation is 3% b. the probability that the forecasting errors are attributable to random variation is 99.7% c. the probability that the forecasting errors are attributable to random variation is 2.3% d. the probability that the forecasting errors are attributable to random variation is 50%
Explain the role of human resource (HR) managers in performance appraisals. Describe some of the common appraisal goofs.
What will be an ideal response?