Off-price chains and membership clubs have similar strategies in their use of _____

a. private labels
b. opportunistic buying
c. catalog-based sales
d. one-stop shopping appeals


b

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____________ has become a popular way to expand delivery of an effective service concept, embracing all of the seven Ps, to multiple sites, without the level of investment capital that would be needed for rapid expansion of company-owned and managed sites.

a. The Internet b. International trade c. Franchising d. Sole proprietorship e. Limited partnership

Business

It costs $12 to make a single unit using regular production and $15 to make a single unit using overtime production. Total overtime production is limited to 500 units for the five month period

The manufacturing plant has a regular production capacity of 250 units per month and 50 units in inventory at the start of the planning period. There is a $5 per unit charge for holding inventory at the end of each month and a limit of 250 units ending inventory for any period. Develop an objective function and constraints to solve this problem. Month Forecast January 250 February 200 March 300 April 400 May 500 What will be an ideal response? q

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Kady, an agent for Lebron, enters into a contract on Lebron's behalf with Madge that must be in writing to be enforceable under the Statute of Frauds. Kady's authority to enter into this contract is not in writing. Under the equal dignity rule, this contract is

A. enforceable. B. void. C. voidable at Lebron's option. D. voidable at Madge's option.

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Even if a statute's words have ordinary, everyday significance, the court will look at the legislative history of the law and public policy in order to interpret the statute.

Answer the following statement true (T) or false (F)

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