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In May, John agrees to work for Soda Sales Company at $800 per week for a year beginning June 1. The following January, Nancy Beverages, Inc., offers John the same work at $900 per week. John tells Soda about the offer. Soda offers to enter into a new contract with John at $875 per week. If John agrees, is the new Soda contract enforceable? Why or why not?
Total Quality Management has been supplanted Quality Management System, a system to achieve customer satisfaction that complements other company systems. Economies of scale is when higher levels of output cost more per unit to produce. Functional des..
Under what conditions will people be most willing to make changes in organizations? What is meant by strategic planning, and what are the steps in the strategic planning process? Suppose that you are a top executive of a large organization about to u..
Design a program that calculates the average number of days a company's employees are absent. The program should have the following functions.
How do the reach and control of marketing communications in owned, paid, and earned media differ? Why must advertisers be concerned about both the effectiveness and efficiency of media buys? In what ways do companies use the Internet for marketing pu..
Machine's output is known to be approximately Normal with mean of 2.0 litter and standard deviation of 0.01 litter. Output is monitored using means of samples of 5observations. Determine upper and lower control limits that will include roughly 95...
Operations and logistics are what create a company’s product or service and bring it to market. The processes within each get raw materials into the company and finished products out. In the case of a services organization, the processes bring knowle..
Identify the tradeoff that I-mart must consider when deciding whether to go with the airfreight option. What would you recommend? Why? Quantify the costs and benefits of the change.
Reflect on a topic from Cost Accounting. Discuss the following question: What concepts and/or skills learned in this class will be most useful to your professional or personal life? Please explain and provide specific examples.
The Delight Dairy Company produces a broad line of dairy products. For production planning purposes, the company has been aggregated into two major products: Ice Cream and Specialties such as ice cream sandwiches and pre packaged ice cream.
Seniority is central in many private and public sector union contracts. What are the advantages to both employers and employees of using seniority to allocate employment opportunities? What are the disadvantages? How can a balance be struck between t..
Authors of various textbooks suggest that sampling bias is virtually unavoidable and that it is important to disclose and discuss possible sources of bias in the study report. Do you agree?
When a customer calls Dell Computers to order a computer, Dell builds one based on the customer's unique requirements and ships it directly to customer—all in a matter of hours. What do you think Dell's supply chain looks like?
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