The fact that there has been a series of contracts between the parties and that one party's offer has always been accepted before by the other does not create any legal obligation to continue to accept subsequent offers
Indicate whether the statement is true or false
True
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Which of the following relationships is characterized by much trust and commitment leading to a true partnership?
A) mutually adaptive B) collaborative C) basic buying and selling D) customer supply E) cooperative systems
A scarcity of __________ can make it difficult for the subsidiary to import raw materials and spare parts for its production equipment.
Fill in the blank(s) with the appropriate word(s).
Refer to the following selected financial information from Gomez Electronics. Compute the company's times interest earned for Year 2. Year 2Year 1Net sales$478,500 $426,250 Cost of goods sold 276,300 250,120 Interest expense 9,700 10,700 Net income before tax 67,250 52,680 Net income after tax 46,050 39,900 Total assets 317,100 288,000 Total liabilities 181,400 167,300 Total equity 135,700 120,700
A. 5.8. B. 6.9. C. 7.9. D. 4.8. E. 14.0.
A firm should consider vertical integration when
A. customer needs are evolving. B. the suppliers of raw materials to the firm are unable to maintain quality standards. C. the competitive situation is highly volatile. D. the suppliers of the firm willingly cooperate with the firm.