Through a _______, one firm promises through a legally binding contract or warranty to absorb the risk and costs associated with unfulfilled promises made to a partner firm
a. bridging
b. trust
c. commitment
d. guarantee
d
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A distribution channel includes distributors, wholesalers, retailers, and agents that display, sell, or deliver the physical product or service(s) to the buyer or user
Indicate whether the statement is true or false
When inventories are written down due to the application of the lower-of-cost-or-market (LCM) rule, which of the following is usually increased?
A) Cost of goods sold B) Inventories C) Operating expenses D) Accumulated depreciation--inventory
Cameo Inc, a local company specializing in home repairs, is considering replacing its older van with a new and larger one. The estimated cost of the new van will be $45,000. Using a discount rate of 16%, the company calculates a net present value for the new van of $(7,000). Based on this information, which of the following statements is true?
A) The actual rate of return on the new van is negative. B) If the company purchases the van, they are guaranteed a rate of return of 16%. C) Using a higher discount rate should cause the net present value to become positive. D) If the actual cost of the new van ends up being less than $38,000, the net present value will become positive.
What are the four decision styles to cope with the psychological stress of making a decision in the conflict model of decision-making?
Fill in the blank(s) with the appropriate word(s).