TOMS Shoes generates interest in its products without a large advertising budget. It uses a Facebook page to create buzz. This is an example of a
A. strategic action.
B. focused advantage.
C. differentiated focus.
D. tactical action.
Answer: D
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The Community Reinvestment Act attempts to prevent a banking practice known as
A. redlining. B. credit scoring. C. credit diving. D. term intermediation.
Restaurant manager Sue has a utilitarian predisposition, so she doesn't mind serving customers food that fell on the floor so long as
A) the food was costly. B) no customer gets sick. C) the issue is not covered in the company code of conduct. D) she can blame the problem on somebody else.
A contract
a. can never be implied from the actions of the parties. b. must contain consideration. c. cannot be terminated. d. must be in writing
To finance the purchase of a car from Giant Auto Sales, Hoppy signs an instrument promising to pay to "Ideal Credit Union" $18,000 with interest in installments with the final payment due May 15, 2014. To be negotiable, this instrument must include on its face
A. any conditions on the sale of the car. B. any conditions to the disbursement of the funds. C. any conditions to the repayment of the loan. D. no conditions.