Answer:
(c). no longer satisfies a sufficient number of customers
Explanation:
Product deletion refers to removal or discontinuance of a product from the product line when such a product has been consistently incurring losses since a number of years and it's further continuation would adversely affect the other products and profitability.
A product is usually deleted from the product line on the grounds of it's failure in satisfying a sufficient number of customers.
Hence, the correct option is (c). no longer satisfies a sufficient number of customers.
Answer:
A safety protection clause in a listing agreement entitles the real estate broker or agent to a commission after the listing expires or is canceled. This applies when the final buyer was brought to the deal by the broker.
Answer to this Question is A): Contracting Officer
Explanation:
Contracting officer can cancel an invitation for bids after the formal bid opening. He can do it certainly, but after following a mentioned criteria. To fulfill that criteria he must make the determinations in writing which are required by the rules. (FAR - section 14 followed in 404 paragraph 1 (C) and next (e) 1. This is the only option left with the contracting officer when the bids have opened on the announced date. Furthermore, bid can still be cancelled if the offer has been received.
Answer:
According to finance theory, firms should attempt to maximize the <u>long term price </u>of the firm's common stock. The benefit to this objective is that it provides the best financial outcome for the firm's shareholders
.
Explanation:
Finance theory distinguishes between profit maximization and wealth maximization.
Profit maximization is considered to be a narrow concept as it is only concerned of activities by which a company can maximize it's gains at any cost.
Wealth maximization takes into account taking care of the interests of stakeholders which include a company's shareholders. When emphasis is laid upon wealth maximization of shareholders, profits are automatically taken care of.
Shareholder's wealth maximization is one of the aims of financial management as it's a broader concept.
Answer:
Express.
Explanation:
The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.
A warranty can be defined as a written promise or guarantee made by a manufacturer, lessor or seller about the identity or quality of goods and services or a property to a purchaser, promising him or her to repair or replace it if necessary within a specified time frame.
The Uniform Commercial Code ("UCC") recognizes explicit, stated promises as being express warranties. An express warranty is typically considered to be an affirmative promise about the quality or characteristics of an item that is being sold to a buyer and as such it is binding and enforceable by law.
