When a contract contains the words "time is of the essence," which of the following is true? ?
A) Performance must be rendered within a reasonable amount of time

B) Performance on the exact date is deemed vital.
C) Performance must occur within 24 hours of signing the contract.
D) Performance is not an essential component of the contract.


B

Business

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Skoda Auto, originally a Czech company and one that still manufactures there as well as in other international locations, is one of the largest automakers in Central Europe. In 2000, its acquisition by Germany's Volkswagen Group was complete, and it is now one of four brands for that company. Skoda is now a ______ of Volkswagen.   

A. maquiladora B. strategically C. wholly owned subsidiary D. greenfield venture E. licensee

Business

Favorable treatment given by a government to its national airline in access to gates, landing slots, and airport services is a non-quantitative ____________.

Fill in the blank(s) with the appropriate word(s).

Business

__________is a theory that employees are motivated when the ratio of their perceived outcomes to inputs is at least roughly equal to that of other referent individuals.

A. Broadbanding B. Equity theory C. Expectancy theory D. Wage compression E. Delayering

Business

List and describe Peter Frost’s Seven Deadly INs. Using your own experiences, provide some practical examples of each of the Ins and how they affect teams. Using your knowledge gained in the subject, provide some advice on how the INs can be managed in teams.

What will be an ideal response?

Business