Illusory promises are enforceable if one of the parties has performed their contractual obligation
Indicate whether the statement is true or false
FALSE
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The expected rate of change in prices is known as the
A. forecasted mean CPI. B. Okun's law coefficient. C. augmented inflation rate. D. expected inflation rate.
Which of the following statements does not describe the benefits of utilizing distribution centers over direct store delivery?
A. The effects of forecast error for the individual stores are minimized and less backup inventory is needed to prevent stockouts. B. The use of distribution centers increases inventory investment. C. It is easier to avoid running out of stock or having too much stock in any particular store because merchandise is ordered from the distribution center as needed. D. More accurate sales forecasts are possible when retailers combine forecasts for many stores serviced by one distribution center rather than doing a forecast for each store. E. Distribution centers enable the retailer to carry less merchandise in the individual stores.
Comprehensive tax allocation is an example of:
a. finite uniformity. b. rigid uniformity. c. flexible uniformity. d. none of the above
In contrast to Marketing (Big M), marketing (little m) serves the firm and its stakeholders at a functional or operational level.
Answer the following statement true (T) or false (F)