Answer:
National Culture.
Explanation:
National Culture can be understood as a belief, customs, and traditions that are shared among the people of a sovereign nation. This may also include religious backgrounds and traditions, language and racial identity of the individuals. According to Geert Hofstede, National culture is very important while dealing with various cultural issues and processes. Therefore, he has identified national culture as the component of our mental programming, which we share with other citizens around the world. National culture acts as an identity proof as per one's nationality.
Answer:
Just-in-time inventory method
Explanation:
Just-in-time inventory method accurately forecasts demand for a good or service, so that it requests only for inventory it uses in production process. This method is aimed at reducing inventory storage cost and other expenses associated with having excess inventory on hand.
This method results in smooth operation at reduced cost. To be successful the business must accurately predict demand, and react fast to meet supply obligations.
Answer:
b). In-market audiences.
Explanation:
In-market audiences is a type of audience targeting options.
In-market audiences is to select from these audiences to find customers who are in the market, which means that they're researching products and are actively considering buying a service or product like yours.
These audiences are designed for advertisers focused on getting conversions from likely buyers.
In-market audiences can help drive remarketing performance and reach consumers close to completing a purchase.
Answer: Menu cost
Explanation:
Menu cost is the cost to a firm due to constant price changes. The name was coined from restaurants who changed their prices constantly by printing new menus.
For a wider definition, the menu costs also include the re-tagging of items, updating of computer systems, and hiring consultants in order to develop new pricing strategies and the costs of printing menus.
A statement that is valid according to law of contract will be termed true while an invalid one is termed false.
<h3>Validity of the statements</h3>
- Under the UCC, a contract will generally fail because one or more terms are left open, (TRUE)
- A contract without a quantity term is valid. (TRUE)
- A contract for services is specifically covered by the UCC. TRUE
- Whether there has been an offer is determined by a subjecive standard. TRUE
- A says to B: "I am going to sell my car for $2,000." B says: "I accept, here is my check." There is a contract. TRUE
- Offers made in jest are always invalid. FALSE
- B agrees to buy all of her requirements from S. S agrees. The contract fails for lack of a definite quantity term. TRUE
- A writes to B: "I will offer you S20 a week if you will give violin lessons to my son. You have 30days in which to reply to this offer." B is still thinking about it when a purporis to revoke 15days later. B can nonetheless accept. TRUE
- When an offeree learns from a third party that the offeror has sold the goods. the offer is re-voked. TRUE
- The modern view is that once the offeree of a unilateral contract begins to perionin, the offeror may not revoke his promise. FALSE
- An offer continues until there is an express revocation of the offer. TRUE
- A offers to sell his watch to B for 100. B says she will take it for 575. B may laier accept the offer for S100. TRUE
- A offers to sell his watch 10 B for $100.1 gives a 55 to keep the offer open. A may not revoke. TRUE
- Under the UCC, a non-merchant may make her offer irrevocable without consideration. TRUE
- In general, an offeree must affirmatively convey his or her intention to accept an offer to enter into a bilateral contract TRUE
- A says to B:"If you paint my house, I will give you 5100." B promises to paint a's house. Thereis a contract. TRUE
- At common law, an offeree may request additional terms in accepting the offer. TRUE
- Merchant S accepts Merchant B's offer with an additional clause providing for reasonable interest for overdue invoices. The additional clause is part of the contract. TRUE
- Revocation of an offer sent by mail is elfective upon receipt. TRUE
- lla ained for forbearance of a legal right will constitut esileration TRUE
- B agrees to buy a house offered by S if B gets a bank loan. There is a contract TRUE
<h3>Law of contract</h3>
Law of contract is an agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
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