Answer:
b. the implied warranty of merchantability
Explanation:
Implied warranty of merchantability refers to an implied assurance, in every sales transaction that the seller's goods are safe and fit for intended purpose of usage.
It represents an unspoken guarantee on the part of the seller that his goods conform to the acceptable standards and properly packaged and labeled and abide by the promises conveyed on their label.
The motive behind such a warranty being, the seller must properly inspect and test the quality of his goods before releasing them or making them available for sale in the market.
In the given case, the seller sold skis to the customer which cracked into two upon usage. The seller isn't aware of the cause of the consequence. Thus, the seller breached the principle of implied warranty of merchantabilty as per which, it should've first checked and inspected the skis before making them available for sale.
Answer:
The correct answer is letter "E": economies of scale.
Explanation:
Economies of scale mean productivity becomes more efficient as the number of goods produced increases. In most cases, companies that achieve economies of scale lower the average cost of their products by increasing production which is due to the spread of fixed costs required to produce the product among a large number of goods. Lower production costs typically represent lower prices for consumers.
Answer:
The right answers are either b. or d., or both.
Explanation:
When the dollar loses value, there is higher demand for foreign imports in a country because they become cheaper. When the dollar gains in value, a foreign country´s exports increase. Changes in the value of currencies reflect changes in demand and supply. An increase in exports will shift the demand curve of the dollar higher. A reduction of imports will have a contrary effect.
Well Pi = 3.14159. So i would assume it is 9
Answer:
D: Balanced Scorecard
Explanation:
Balance Scorecard is a business strategy in which the company looks to develop a strategy for the business, it is a kind of internal process in which the company aims, to modify its work process, as with the modified work process it can aim to have better outcomes, in the form of financial, customer, business processes etc:
If company uses Just in time approach it will still face the stock outs and might loose customers, but with balanced scorecard this problem will not arise, as it will enhance the quality and quantity of performance.
This will ensure optimum inventory at any point of time and along with that the minimal cost and good quality will be focused, as of now, the company does not need to think much on quality improvement as it do not have any quality complaints from any customers.