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mojhsa [17]
3 years ago
5

A contract clause that restricts competition for a specified period of time, within a certain geographic area, and for specified

activities is known as a(n):
a.entire agreement clause.
b.arbitration clause.
c.cleanup clause.
d.noncompete clause.
e.exclusion clause.
Business
2 answers:
Lynna [10]3 years ago
6 0

Answer:

Non-compete clause

Explanation:

Non-compete clause is a clause under which one party (usually an employee) accepts not to go into or start a similar profession or trade in competition against another party (usually the employer). Some courts call these "restrictive covenants".

zzz [600]3 years ago
4 0

Answer: D. Non-compete clause

Explanation: Also referred to as restrictive covenant clause, a non- compete clause is a legal binding which is entered into by two organizations in other to put in place restrictive authorizations preventing the parties involved from trading, selling, producing or offering a similar service which offers competition for the services or goods produced by the other party during a specified time frame or certain location as the case may be. The restriction may be binding on both parties not to embark on the services rendered by each organization or the clause may be binding on just one of the organizations depending in the terms of the agreement or clause.

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Suppose the hot sauce firm cannot reduce the externality without reducing costs. What is a possible next step the government cou
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Create a limit on the maximum no. of bottles the firm can make,

The required details about externality is mentioned in below paragraph.

<h3>How Do Externalities Work?</h3>

An externality is a cost or benefit a producer generates but does not personally bear or receive. An externality can result from the creation or consumption of a good or service and can be both positive and negative.

Externalities happen when creating or consuming a good has an effect on parties who are not involved in the transaction directly. Externalities can be either good or bad. They can result from either production or consumption as well. For instance, simply entering a city center will increase the pollution and traffic for individuals who live there.

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1 year ago
A first step toward understanding organizational markets is recognizing the differences between industrial, reseller, and govern
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Answer: True

Explanation:

To understand organizational markets, one must first realize that there are three main types of them: Industrial, reseller and government.

Industrial markets enable businesses to transact with each other. They trade raw materials and other goods to each other and process them to finished goods.

The reseller market does not involve any processing but rather firms buying from one and selling to another as middlemen.

The last market is the Government market. Any arm of government that purchases goods and services fall here including at local, state or federal level.

7 0
3 years ago
In the context of the stages of organizational decline, which of the following is a difference between the faulty action stage a
balu736 [363]

Answer:

The correct answer is B

Explanation:

Organizational decline happen or occur when the companies or the firms does not anticipate, acknowledge, adapt the external or the internal pressures or neutralize, which threaten the survival of the company or firm.

And in the stage of the faulty action, it arises because of the increasing costs and the decreasing profits and the market share. The management states the plans of the belt tightening, which is established or designed in order to cut the costs, restore the profits and to increase the efficiency.

The stage of crisis, where the dissolution or the bankruptcy is likely to happen unless the firm completely acknowledge the way it does the business. But the companies lack the resources required to fully change how they should run their business.

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3 years ago
robert jacobs and richard chase (2018). operations and supply chain management, 16th edition, mcgraw-hill. isbn 978-1-260-23890-
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What was robert jacobs and richard chase (2018). operations and supply chain management, 16th edition; (COMPLETE QUESTION)

With a light emphasis on quantitative coverage, Operations and Supply Chain Management, 16e covers the full spectrum of Operations Management and Supply Chain. It offers pertinent and up-to-date Operations Management topics with an emphasis on economics and the global economy, analytics content that uses math models to link decisions to pertinent data, and proper problem-solving techniques.

This sixteenth edition gives students a set of more practical skills and tools as well as examples of what businesses are doing to gain a competitive advantage in the market. Reducing the cost of supply chain processes, integrating and collaborating with customers and suppliers, sustainability, and lowering the long-term cost of products and processes are all current business hot themes that pertain to operations and supply chain management.

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7 0
1 year ago
Describe personal selling. Personal selling is direct communication between a sales representative and one or more prospective b
ELEN [110]

Explanation:

<u>5.1 Discuss the role of personal selling in promoting products. What advantages does personal selling offer over other forms of promotion?</u>

Personal selling is a traditional sales method that consists of a more personalized service and a more efficient product promotion compared to other forms of promotion. This is due to the fact that, in a personal sale, there is the direct influence of the seller to explain the functionalities and characteristics of a product, which is usually done using sales and negotiation techniques that directly influence the buyer to feel the need for the product that is being promoted. The advantages of personal selling as opposed to other types of promotion, is the possibility of reducing the time and effort of purchase, since in this type of sale, the seller goes to the customer to offer the product.

<u></u>

<u>5.2 What are the major advantages of personal selling to the company selling a product? What are the advantages to the person or company buying the product?</u>

The biggest advantages of personal selling for the company that sells a product is the greater possibility of having a closed purchase, since the potential sales are made with your potential customers. There is also a decrease with other types of product promotion, which can be costly, such as advertising an advertisement on television, and which may not generate the expected goal of increasing product sales.

The advantages for the person or company that buys the product is the possibility of knowing and seeing the functionality of the product before purchasing and the possibility of negotiating and providing meaningful feedback, which can influence the seller to make the sales proposal more flexible by making it more attractive to the customer. Personal selling also creates value for the customer, as the service is personalized, based on their profile, characteristics, desires and needs.

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