Abdulla hired Granite Construction to build an addition onto his home. Granite Construction dug the foundation but then abandoned the project. Granite Construction is entitled to receive the full contract price minus the value of the defects

Indicate whether the statement is true or false


False

Business

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Procter & Gamble's introduction of All-Temperature Cheer laundry detergent in Japan was a flop at first

The problem was that Japanese women wash clothes in cold water–either tap water or leftover bath water–so they don't care about all-temperature washing (which is a big selling point in the United States). Also, Cheer was first introduced in Japan at a time when the market for fabric softeners in Japan was rapidly expanding. However, when Japanese housewives added lots of fabric softener to the water, Cheer didn't produce many suds (Americans don't use as much fabric softener). P&G reformulated the product so it wouldn't be affected by fabric softeners, and ads for Cheer in Japan pledged superior cleaning in cold water, not all temperatures. Which of the following might have helped P&G avoid the initial problems with Cheer? A) Maslow's hierarchy B) high vs. low context culture C) diffusion of innovation D) self-reference criterion E) polycentric orientation

Business

Which of the following is a distinguishing characteristic of an MPR event?

A) A firm attempts to interact with event participants. B) Proceeds of the event are donated to charitable groups. C) A firm places its logo in prominent locations at the event. D) A third-party event planner organizes the event's activities. E) An organization provides money to cover event costs.

Business

As production increases, what should happen to the fixed costs per unit?

A) Stay the same. B) Increase. C) Decrease. D) Either increase or decrease, depending on the variable costs.

Business

The concept of in-group and out-group suggest that some people will be treated better than others. Is this fair?

What will be an ideal response?

Business