Pizazz, Inc sold a condo on the 34th floor in a building in downtown Chicago. This contract is governed by Article 2A of the UCC
Indicate whether the statement is true or false
False
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Identify a disadvantage of piece rate plans
a. They do not provide extra recognition for producing above the minimum requirements. b. Productivity is not an important factor of such plans. c. They are not appropriate if machines, rather than people, control production speed. d. They are not suitable if the company gives a high priority to the quantity produced by each worker.
Rock Bottom Tiles has developed a new customer-oriented business model. Rather than maintain a network of showrooms across the country, the business will now let customers choose several styles that interest them from an online site, and will ship samples of each of the styles to the customer to test in their home free of charge. Once they have settled on a tile choice, Rock Bottom will send a representative to their home to schedule installation. The company has determined that busy middle-class customers will value the convenience of the new model, which allow them to upgrade the look of their homes without spending time browsing showrooms. The new model will be created by selling the old showrooms and shifting resources to the new online site and regional offices for sales personnel.
What question remains for Rock Bottom to ask in order to put its strategy into action? A. Who are the main stakeholders who will be performing the activities? B. How are the offerings to the customers created? C. Why does the business model create value? D. What activities need to be performed to create and deliver the offerings to consumers?
________ are typically older and less educated than other types of adopters, tend to be tied to tradition, and are not easily motivated by promotional strategies.
Fill in the blank(s) with the appropriate word(s).
When a nation that belongs to WTO imposes a tariff or quota on imported products, it is supposed to do so within the guidelines established by GATT. If it does not do so within GATT's guidelines: A) the offending nation may suffer military retaliation by the other GATT members
B) the offending nation may be subject to a proceeding pursuant to the WTO's Dispute Settlement Understanding. C) the offending nation may end up in the World Court being sued for breach of its GATT contract. D) none of the above.