When two competitors enter into a strategic alliance, the two companies are referred to as ______.
a. frenemies
b. antagonists
c. star-crossed lovers
d. alter-egos
a. frenemies
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The number of days between when the employees and suppliers provide goods and services and when the firm pays cash to those employees and suppliers is called the _____ period
a. financing b. grace c. float d. funds flow e. cash disbursement
________ is the interactive channel that allows companies to interact with customers in three key ways.
A. Context B. Customization C. Connections D. Community E. Communication
Which of the following is not characteristic of a valid contract?
A) It can be viewed as private law between the parties. B) It will have at least two parties. C) The parties must have the contract's terms approved by the appropriate court. D) A court will enforce its terms if the parties do not voluntarily perform.
Larry goes to his barber who has cut his hair for the past several years. The barber proceeds to cut his hair as they talk about the most recent snow storm to hit the area. This is an example of a
a. unilateral, implied contract. b. bilateral, implied contract. c. unilateral, express contract. d. bilateral, express contract.