One of the many lean techniques that have been successfully applied in service firms is the upgrading of housekeeping.
Answer the following statement true (T) or false (F)
True
Good housekeeping means that only the necessary items are kept in a work area, that there is a place for everything, and that everything is clean and in a constant state of readiness.
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China does not allow foreign car manufacturers to sell vehicles independently in its country but instead requires them to partner with a Chinese company. This type of partnership is known as a
A. franchise agreement. B. countertrade. C. joint venture. D. maquiladora. E. greenfield venture.
Explain the trade term "free on board."
What will be an ideal response?
On Tuesday morning John sends a letter to Arlene rejecting her offer, but later the same day John changes his mind and sends a letter of acceptance to Arlene. The letter of acceptance will be effective only if it is received by Arlene before she receives the rejection
a. True b. False Indicate whether the statement is true or false
Used Car Lot's salesperson Vic offers to sell Will, who is twenty years of age, a car about which Vic intentionally misrepresents its past use and repairs. In reliance on the misrepresentations, Will buys the car. To prove fraud in this transaction, Will does not have to show that A) ?Vic intentionally deceived Will
B) Vic misrepresented several material facts. C) Will is under twenty-one years of age. D) Will justifiably relied on Vic's misrepresentations.