(n + 1 ) = nP
Indicate whether the statement is true or false
FALSE
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A competitor's price is one of the most visible elements of its marketing strategy; analyzing historical and current pricing patterns may allow firms to determine the competitor's pricing objective.
Answer the following statement true (T) or false (F)
Sal was at home going through his normal workout when he bent his barbell bar. Sal is a professional bodybuilder. Sal went to his local sporting-goods store and was approached by a clerk wishing to assist him. Sal told the clerk about his problem and the clerk asked Sal to wait while an appropriate bar was located. The clerk presented Sal with a bar that the clerk said "is just what you need for
your type of weight requirements." Sal paid for the bar and was returning home when he stopped at a health food restaurant. The drink that he ordered had an unusual taste, but the food establishment refused a refund. Sal became ill from the drink, which, as it turned out, had a toxic substance in it. Sal had to be hospitalized. When Sal was able to work out again, he attached the weights to the new bar and lifted the bar under his chin. The bar snapped in the middle and severely cut Sal. Sal is angry about the drink and the barbell. With regard to the barbell bar: a. Sal is not entitled to any recovery for his injury or the broken second barbell because he did not buy all of the components, including the weights, from the same store. b. Sal is not entitled to any recovery for his injury or the broken second barbell because he is knowledgeable himself in weightlifting and should have known which barbell to use. c. Sal is entitled to recovery because there has been a breach of an express warranty. d. Sal is entitled to recovery because of the warranty of fitness for a particular purpose.
Which of the following statements is true of a value chain?
A) The pre- and postservice framework of a value chain emphasizes that service is a critical component of traditional manufacturing processes. B) The input-output framework of a value chain suggests that the value chain begins with inputs from customers. C) A value chain solely focuses on the operations function of an organization. D) A value chain is narrower in scope than a supply chain.
A______________________________is a plan or process put in place to guide actions and thus achieve goals.
Fill in the blank(s) with the appropriate word(s).