Tender is:

a. a proper initiation of a contract
b. failure to provide a sufficient offer of performance under a contract c. a valid and sufficient offer of performance under a contract
d. a type of contract
e. a contact that allows the offeree to terminate the contract at any point


c

Business

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__________ is also known as division of labor.

A. A task chart B. A horizontal hierarchy C. An organizational graph D. Work specialization E. Chain of command

Business

A "best practice" refers to a

A. particular value chain activity that management has given top priority to performing in world-class fashion. B. value chain activity that is a company's distinctive competence. C. method of performing an activity or business process that consistently delivers superior results compared to other approaches and that at least one company has demonstrated works particularly well in terms of delivering operating excellence. D. strategy-critical activity that results in sustainable competitive advantage. E. policy or procedure that is unusually effective.

Business

Short (eight or fewer pages) informal reports addressed to an internal audience are usually presented in _________

A) memo format B) manuscript format C) letter format D) template format

Business

Uncertainty of demand and price

A) drives the value of building flexible production capacity at a plant. B) eliminates the value of building flexible production capacity at a plant. C) facilitates the value of building flexible production capacity at a plant. D) has no effect on the value of building flexible production capacity at a plant.

Business