A requirements contract is a contract:
a. in restraint of trade.
b. in which the seller provides all of the goods that the buyer needs.
c. in which the buyer purchases all of the goods that the seller produces.
d. in which a party must buy a product it does not want in order to be allowed to buy a product it requires.
b
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In Porter’s (1986) typology of business strategy, MNCs can adopt either a(n):
a. multi-domestic or global strategy b. international or transnational strategy c. adaptive or synergistic strategy d. unitary or pluralist strategy
At the optimal order quantity (EOQ), the total annual ordering cost is given by ______.
A. annual demand x EOQ/ordering cost per order B. annual demand + EOQ x ordering cost per order C. annual demand – EOQ – ordering cost per order D. annual demand/EOQ x ordering cost per order
Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments:ExpenseBasis for allocation Amount RentSquare feet of floor space $24,000 AdvertisingAmount of dollar sales $30,000 AdministrativeNumber of employees $45,000 The following information is available for its three operating (sales) departments: Department Square Feet Dollar Sales Number of employees A 3,000 $280,000 6 B 3,400 $300,000 8 C 3,600 $420,000 10 Totals 10,000 $1,000,000 24 What is the total advertising expense allocated to Department B?
A. $12,500. B. $7,500. C. $10,800. D. $ 9,000. E. $30,000.
Final administrative rules have binding legal effect unless the courts later overturn them.
Answer the following statement true (T) or false (F)