Describe the "vendor system" of milk distribution


Under the vendor system, dairy companies sell to vendors who operate their own trucks and resell to retailers.

Business

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Nestlé's brand management capabilities for its 2000-plus food, beverage, and pet care brands are

A. part of an inventory or collection of the firm's strengths, weaknesses, opportunities, and threats. B. categorized as tangible and/or intangible resources C. intangible resources only, because they consist of patents, copyrights, and technological processes. D. representative of physical resources only. E. known as productive inputs or competitive assets, while human assets and intellectual capital are, which are considered capabilities or competencies.

Business

A Statute of Wills permits all oral wills to be legally binding in a state

Indicate whether the statement is true or false

Business

The primary problem with the government subsidies approach is that when a subsidy is for less than 100 percent of the cost, the firm that limits its pollutants must still pay the difference between the actual cost and the subsidy

Indicate whether the statement is true or false

Business

A novation is

A) an assignment B) a new contract C) a new party added to an existing contract D) an exception to the privity rule E) a new term added to a contract

Business