Reference no: EM132278438
1. Which of the following better explains ‘Battle of Forms’?
a. Disputes that may arise over whether supplier or buyer general terms and conditions will apply to a commercial transaction.
b. Disputes that may arise over whether supplier or buyer general terms and conditions will apply to a payment.
c. Disputes that may arise over whether supplier general terms and conditions will apply to a commercial transaction.
d. Disputes that may arise over whether buyer general terms and conditions will apply to a commercial transaction.
2. Which of the following better explains ‘Bidders Long List’?
a. Includes those suppliers that meet the buyer's prequalification criteria and that will be requested to submit a first proposal.
b. Includes those suppliers that meet the buyer's prequalification criteria and that will be requested to submit a bid in the future.
c. Includes those suppliers that meet the buyer's prequalification criteria but will not be requested to submit a first proposal.
d. Includes those suppliers that fail to meet the buyer's prequalification criteria and that will be requested to submit a first proposal.
3. Which of the following is an example of the right to work law passed in many states?
A. Management can unilaterally decertify the Union if it interferes with operations
B. All adults are guaranteed a job if they want one
C. Labor unions do not have to go through NLRB certification before calling a vote of workers
D. Labor unions cannot compel workers at an unionized business to join a union
4. Which of the following has the authority to appoint a chief executive officer of a corporation?
A. Employees
B. Shareholders
C. Corporate officers
D. Board of directors
5. Which of the following best describes two car dealerships owned separately by two friends?
A. General partnerships
B. Corporations
C. Sole proprietorships
D. Franchises
6. Marketing plans contribute to the success of a business by focusing primarily on
A. Clients are customers of the business
B. Financial Health of the business
C. Long-range plans of the business
D. Objectives of the business
7. Humanitarian logistics represents an emerging application of logistics to not-for-profit organization true or flase?
8. Reductions in economic regulation allowed individual transportation companies flexibility in pricing and service true or flase?