Reference no: EM132247023
1. Which of the following is true of substantive unconscionability?
(A) It primarily arises from lack of knowledge or lack of choice.
(B) It occurs when a clause or contract does not provide a remedy for a breach.
(C) It primarily arises when the parties to a contract have equal bargaining power.
(D) It occurs when one party in a contract is spectacularly clever and the other is not.
2. Describe how a manufacturer might use knowlodge of the following product characteristics to speed up the acceptance of pocket-sized cell phones.
A. Relative Advantage
B. Compatability
C. Complexity
D. Trialability
E. Observability
3. Taking small shipments and combining them into more economical larger shipment is known as
A. consolidation warehousing
B. cross docking
C. break bulk facilities
D. hub and spike system
4. Toshiba has introduced an ultra-silm laptop computer that weighs about 2lbs, has a color screen, and a powerful processor into which a full-sized desktop screen and keyboard can be easily plugged. How can the company use the diffusion-of-innovations framework to develop promotional, pricing, and distribution strategies targeted to the following adopter catergories?
A. Innovators
B. Early Adopters
C. Early Majority
D. Late Majority
E. Laggards
5. The threshold service level is the maximum level of service beyond which customer satisfaction starts decreasing
• true or false