What are the fundamental elements required to form a contract?
What will be an ideal response?
Contracts require an offer, acceptance of the offer, and consideration. The contract must also be for a legal purpose and the parties to a contract must have the legal capacity to enter into the agreement.
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Tactical control is performed mainly by
A. middle managers. B. top managers. C. the CEO. D. first-level managers. E. team leaders.
Denise Hunter had Thomasville brand living room furniture and wanted to buy a particular chair of the same brand. She made a few calls to find a store that had the chair in stock. When she found one, she went there and purchased the chair. For Denise, the chair was a(n)
A. emergency product. B. homogeneous shopping product. C. specialty product. D. impulse product. E. heterogeneous shopping product.
According to the UK advertising code administered by the Advertising Standards Authority (ASA), advertising should be:
a. Legal, decent, honest, truthful b. inoffensive, honest, clear c. specific, measurable, achievable, relevant, timed d. attention grabbing, interesting, desirous and actionable e. legal, relevant, appropriate and not misleading
What is the type of knowledge that is contained in people's heads?
A. Tacit knowledge B. Virtual knowledge C. Pure knowledge D. Explicit knowledge