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Vesnalui [34]
3 years ago
9

True or false: A management contract is an arrangement in which one firm contracts with another to produce products to its speci

fications.
Business
1 answer:
Nina [5.8K]3 years ago
3 0

The statement which states that a management contract is an arrangement in which one firm contracts with another to <em>produce products</em> to its specifications is false

According to the given question, we are asked to show whether a management contract is one where there is an arrangement between two firms to <em>produce its goods </em>to its specifications.

As a result of this, we can see that a management contract is one where one firm gives its management skills <em>in part or in full</em> to another firm.

With this in mind, we can see that contract manufacturing is one where there is an arrangement in which one firm contracts with another to <em>produce products</em> to its specifications but is in charge of the marketing.

Therefore, the correct answer is false.

Read more here:

brainly.com/question/17440307

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What is a disadvantage of the payback method?
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The statement " It eliminates the inflows of cash earned following the payback period and time value of money" is the disadvantage of the payback method

The payback period is the period thats tells the time period in which the initial investment that was made should be recovered.

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For finding the disadvantage, we need to find out the following information related payback period

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Therefore, we can conclude that, the correct option is b.

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convenient product is the product that is relatively inexpensive item that merits little shopping effort. Is it true or false?​
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