________ models are used to predict the future and are used widely in e-commerce
Fill in the blanks with correct word
Forecasting
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While goods meet personal needs, services meet business needs
Indicate whether the statement is true or false
GP Corp. had been contracted by the public services department of Kingston to install monitoring systems at all public places. This was to be done in two phases and the city had the right to terminate the contract. GP had plans to use a subcontractor, Rex, whom they usually hired for the last phases of projects executed by them. After two weeks of the work, the city of Kingston found that things were not going according to plan and terminated GP's contract. Under these circumstances:
A. Rex cannot sue the public services department of Kingston because he is a creditor beneficiary. B. Rex can sue the public services department of Kingston because he is a third-party donee beneficiary. C. Rex can sue the public services department of Kingston because he is involved in a novation. D. Rex cannot sue the public services department of Kingston because he is only an incidental beneficiary.
Jayne Luke started a computer business in her basement less than a year ago. Her personal attention to clients and persistence in obtaining new customers has caused the business to grow at a tremendous pace. Jayne has become so busy she has neglected to
keep after clients who have failed to pay her. As a result, Jayne has a large amount of accounts receivable and notes receivable on her balance sheet but not much cash. She continues to service clients, but she now realizes that her cash will soon be exhausted. Suggest some options Jayne has to achieve a strong cash balance.
Which of the following pricing objectives is best suited for use during the introductory stage of
the life cycle of lower-end products going to mass markets? A) market skimming pricing objective B) market share maximization pricing objective C) product-quality leadership pricing objective D) profit maximization pricing objective