An oral sales contract of any amount is enforceable under the Convention on Contracts for the International Sale of Goods (CISG)
Indicate whether the statement is true or false
TRUE
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Pepsi Co. sold its cola syrup to Russia and agreed to buy Russian vodka at a certain rate for sale in the United States for the next five years. What kind of a countertrade did both the parties indulge in?
What will be an ideal response?
To help managers properly define the problem the researcher may conduct their own investigation to develop alternative problem definitions. This additional investigation may take the form of what is called:
A) a situation analysis B) the preliminary problem definition analysis C) the problem definition analysis D) a problem situation analysis E) an investigation of "preliminary proceedings"
Why is the design of products and services important to global supply chain management and what are the main design alternatives that are available?
What will be an ideal response?
Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $100,000 in sales during the second quarter of this year. If it began the quarter with $18,000 of inventory at cost and purchased $72,000 of inventory during the quarter, its estimated ending inventory by the gross profit method is:
A. $21,000. B. $18,000. C. $30,000. D. $27,000. E. $20,000.