As Adam Smith's laissez-faire philosophy gained popularity in the eighteenth and nineteenth centuries, the freedom-to-contract doctrine evolved through case law out of our federal court system

Indicate whether the statement is true or false


FALSE

Business

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Marketing strategies often are driven internally by short-run profit objectives rather than by market-based performance objectives

Indicate whether the statement is true or false

Business

In a _____, a market rarely remains the domain of one organization for long; thus, competition ensues almost immediately.

A. planned economy B. mixed society C. free-enterprise society D. command economy

Business

Safety stock reduces stockouts since it anticipates variability in usage rates and lead times

Indicate whether the statement is true or false

Business

Undeliverable email messages are delivered to a mail administrator.

Answer the following statement true (T) or false (F)

Business