Ramon contracts in writing to sell his Little Shop of Bagels to Suni. When Suni discovers that the kitchen equipment has been removed, she files a suit against Ramon. The court decides that the written contract includes everything that the parties intended. An agreement about the kitchen equipment may be admissible if it is
A. a previous agreement.
B. not otherwise contained in the parties' contract.
C. a subsequent modification of the parties' contract.
D. under no circumstances.
Answer: C
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The method by which suppliers provide deliveries to organizations precisely when the buyer needs them ("just in time") involves which dimension of buyer-seller relationships?
A. cooperation B. relationship-specific adaptations C. information sharing D. legal bonds E. operational linkages
Valley Mart told its employees that they would be fired if they actively supported a unionizing effort. Valley Mart has committed an unfair labor practice.
Answer the following statement true (T) or false (F)
In order to sustain the competitive power of resources and capabilities they must be _________.
A. continually strengthened and nurtured. B. broadened and deepened to cover emerging market opportunities. C. refreshed, modified, or sometimes phased out and replaced in response to ongoing market changes. D. difficult to imitate. E. All of these.
On December 1, Orenthal Marketing Company received $3,600 from a customer for a 2-month marketing plan to be completed January 31 of the following year. The cash receipt was recorded as unearned fees. The adjusting entry for the year ended December 31 would include:
A. a debit to Unearned Fees for $1,800. B. a credit to Unearned Fees for $1,800. C. a credit to Earned Fees for $3,600. D. a debit to Earned Fees for $1,800. E. a debit to Earned Fees for $3,600.