The tactic of overbooking or overselling the available asset is suitable where

A) there is a clear date beyond which the asset loses a lot of its value.
B) there is no clear date beyond which the asset loses a lot of its value.
C) customers are able to cancel orders and the value of the asset drops significantly after a deadline.
D) customers are unable to cancel orders and the value of the asset drops significantly after a deadline.


Answer: C

Business

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Which of the following focuses on things such as encouraging customers to visit websites for more information on a topic?

A) Marketing messages B) Claim or adjustment messages C) Sales messages D) Persuasive presentations of ideas E) Requests for action

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Which of the following items on the income statement is not disclosed net of tax?

a. Unusual or infrequent item disclosed separately b. Discontinued operations c. Extraordinary loss d. Cumulative effect of change in accounting principle e. Unusual or infrequent item disclosed separately and discontinued operations are both not disclosed net of tax

Business

The law does not restrict the "fair use" of methods for the circumvention of encryption software or other technological antipiracy protection for educational and other noncommercial purposes

Indicate whether the statement is true or false

Business

Spotted Frog Winery California, produces 75,000 cases of wine a year. It employs 52 full-time workers and, during harvest, another 25 people as pickers. During the 2011 harvest, some employees were unhappy about working conditions and discussed unionizing. They contacted the Winery Workers of America (WWA) for help. Spotted Frog management was upset. If it had to pay workers more (as the union

promised), the winery would lose its slim profits. Believing he was acting correctly, the president distributed a memo stating that any employee caught discussing unionization would be fired. Pierre, the wine master at Spotted Frog, was furious about the memo and became an advocate for the union cause. Management would not fire Pierre because he gave their wine its unique taste. But they did fire ten employees who spoke with Pierre. WWA collected authorization cards from employees, requested a representation election, and won a close election. The union, with Pierre as its agent, began negotiating a collective bargaining agreement. Negotiations went badly as the management rejected every proposal. WWA called a strike against Spotted Frog. After two weeks, management caved in and signed a contract, so its employees returned to work. As Pierre entered the winery, he did not see some grape skins on the floor. He slipped and was injured. Assume WWA was certified as the collective bargaining agent. 46% of the workers do not join the union. According to Supreme Court decisions, what part of union expenses will these nonunion employees be responsible for paying? a. costs related to collective bargaining activities b. costs related to lobbying the federal government c. costs related to public relations efforts d. costs related to paying for union conventions e. all costs (the same as union dues)

Business