Why is stockpiling inventories when faced with the threat of devaluation an insufficient reason to operate the firm?
What will be an ideal response?
Answer: The prospects of a depreciation of a local currency are insufficient in and of themselves to warrant an increase in inventories. Only by balancing the anticipated marginal benefits and anticipated marginal costs of holding the inventory can we arrive at the optimal stock. What will happen to future retail prices and whether nominal interest rates accurately and rationally reflect the probabilities of devaluation are equally as important as the fact that the local currency is expected to depreciate.
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What are family-friendly benefits? Explain the common types of family-friendly benefits.
What will be an ideal response?
The equitable doctrine of ________ allows some parties to recover under oral contracts that the statute of frauds would have ordinarily rendered unenforceable.
A. promissory estoppel B. proprietary estoppel C. estoppel by representation of fact D. estoppel by record
Which of these actions could Weight Watchers, Jenny Craig, and Slim-Fast take that would least likely increase the probability of customer satisfaction?
A. provide money-back guarantees B. build realistic expectations C. increase the program costs D. demonstrate correct product use E. encourage customer feedback
If you think others are being disrespectful to you because of your gender or race, just ignore them
Indicate whether the statement is true or false