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- A monopoly is a firm that is the only seller of a good or service that does not have A) a patent. B) a close complement. C) a barrier to entry. D) a close substitute.FOB retailer means: -the vendor pays the transportation charges to the retailers store or warehouse -the retailer pays the shipping charges - the vendor pays the shipping into the country -the retailer pays the shipping only until it enters into the counrtyProcurement- Which of the following is not a risk of countertrade? A. Receiving product of greater quality than the specifications require B. Possibility of poor-quality goods and services C. Development of unprofitable deals D. Acceptance of goods and services that do not match marketing channels
- 1. A vendor buy-back contract that guarantees to buy back product not sold by the retailer is an example of solution selling which let the supplier overcome price-cutting pressures. A) true B) false 2. Omnichannel marketing is a method to increase the level of commitment. A) true B) false7- What is the term that refers to a completed exchange? a. marketing b. transaction c. selling d. relationshipAnswer the question below in an appropriate format of legal essay with reference to relevant legal authorities. Your answer should be within the range of 1500 – 2000 words On Tuesday, Roopa World Ltd. (RW) offers to sell 500 wrist watches to Zumba Online Ltd. (ZO) at RM140.00 per watch. The offer to ZO is sent by fax and includes the following statement: “Please send an acceptance by 4pm today. Delivery will occur on Thursday”. ZO emails an acceptance at 2pm. The email is accidentally deleted by one of the administrative assistants at RW before it is passed on to RW’s management. Meanwhile, ZO enters into a contract with MySale Ltd to produce new wristbands that can be sold with the watches. Advise ZO whether there is a binding contract with RW.
- Which of the following is not a true statement: A. In a risked based agreement, the provider shares a portion of the risk for medical cost B. In a non-risked based agreement, provider shares no risk for medical cost C. In a capitated arrangement, all of the risk is on the health plan D. In a value based payment arrangement, the payment is impacted by both cost and qualityCo-branding is ________. A) the process of selling a famous brand to a third party B) an agreement to produce and market another company's product C) a legal protection given to owners for exclusive rights to the use of brands D) a method of testing and evaluating a new product E) a partnershipWhich of the following will improve your bargaining position when contracting with a supplier a. Your supplier merges with an another large supplier of the same product b. You redesign your product to be more feasibly accepting of many suppliers’ parts c. You redesign your product so that your preferred supplier is more integral to product success d. Your supplier's chief competitor has exited the market
- How would you best describe a situation where Ms. Dalal who is a seller and Ms. Asma (a buyer) both committed their time and money to expand their business and benefit from it on a long-term basis? a. Strategic partnership b. Affiliate selling relationship c. Functional relationship d. Transactional relationshipWhen buyer and seller are undecided on clear terms on price and quantity of goods it results in: a. Ethical behavior in transaction b. Morality in transaction c. Lack of mutual agreement in transaction d. Mutual agreement in transaction11. Supplier is an entity that supplies goods and services to another organization A. True B. False