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1. A couple on welfare purchases a car for $7,000.00. A few weeks later, they learn the same exact car sells for $3,000.00 at other local dealerships. They sue the dealer, claiming the deal should be void. Do you think they will win? Why or why not?
2. Have you been personally or professionally in the position in the making of a decision for a business concerning ‘what’, ‘how’, or ‘ for whom’? If so, explain your rationale for making such decisions. Explain the opportunity cost. Did you integrate faith into this decision progress?
3. Suppose you are going on a weekend trip to a city that is d miles away. Develop a model that determines your round-trip gasoline costs. What assumptions or approximations are necessary to treat this model as a deterministic model? Are these assumptions or approximations acceptable to you?
Describe your managerial hierarchy. Decide what each partner's managerial role in the restaurant will be. For example, who will be responsible for the necessary departments and specific activities
What was the process of navigation and associated accuracy in Charles Lindbergh's flight?
When the value of a loyal customer (VLC) market segment is high, should these customers be given premium goods and services for premium prices
If your Laboratory was deciding whether to outsource some of the firm's IT functions, what would be some important items to consider? Discuss these items in the context of a specific IT function that your company could outsource.
A manufacturer of mp3 players is preparing to set the price on a new model. Demand is thought to depend on the price and is represented by the model: D=2,000 – 3P. The accounting department estimates that the total costs can be represented by: C=5,00..
Savory Cooking Sauces, Inc., a U.S. business firm, makes and sells distinctively flavored cooking sauces. Although the recipes are secret, the ingredients could be revealed and the sauces could be reconstructed with diligent efforts. What can Savory ..
A retail store had sales of $45,000 in April and $56,000 in May. The store employs 8 full time workers (they work a 40 hour work week). In April the store also had seven part-time workers at 10th hours per week, and in May the store had nine part-tim..
If a network manager wanted to connect his Ethernet LANs via ATN, what transmission technique must be implemented on a ATM link?
During this course, you have learned how argument is used to "offer a set of reasons or evidence in support of a conclusion," (Weston, 2009, p. xi). This is an important concept because "argument" typically has a negative connotation. Being able to s..
What would be the advantages and disadvantages of comprehensive European regulations on origin labeling for all meat in processed foods?
Some people argue that organizations can develop their own corporate culture and that doing so will make differences in country cultures irrelevant to effectively managing human resources. Defend your opinion. Many people feel that there are simply t..
What are some good “rules of thumb” for conducting successful performance appraisal interviews?
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