George's Wholesale agrees to purchase 1,000 pounds of bananas from Chickadee Exports at 39 cents per pound. George's does not have the money for the bananas now, but promises to pay in two months. Chickadee Exports wants to make the sale, but is worried about waiting for the payment, knowing the bananas are not "appealing" collateral. So, Chickadee prepares an instrument claiming George's $400
sorting machine as collateral. George's never signs the agreement, but accepts the shipment of bananas. This is an example of a:
a. check.
b. security interest.
c. promissory note.
d. None of the above.
d
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All of the following are disadvantages of outsourcing a product EXCEPT ________.
A) outsourcing allows the company to focus on its primary function B) the risk associated with having a third-party manufacturer produce substandard products C) the loss of control over the manufacturing process D) concerns about being unable to meet commitments to customers if a subcontractor experiences delays
How much people depend up on others for necessary resources is the basis of ______.
A. referent B. coercion C. power D. legitimate
Which of the following is an accurate statement about primary and secondary research??
A) ?Unlike primary research, secondary research helps establish a point of departure for further research. B) ?Unlike secondary research, primary research provides information that has already been created by others. C) ?Unlike secondary research, primary research helps researchers save time and effort, unlike secondary research. D) ?Unlike primary research, secondary research includes observation, experimentation, and normative surveys.
Continuous innovations are described as:
A. having some disruptive influence on established consumption patterns. B. having no disruptive influence on established consumption patterns. C. having to establish new consumption patterns due to the creation of a previously unknown product. D. having the least disrupting influence on established consumption patterns.