A promise made by a manufacturer or dealer that a product meets certain quality standards and that defective parts will be replaced is called

a. A. guarantee.

B. premium.

C. warranty.

D. "good faith" pledge.

Which option best describes decision making? it is the process of choosing an option from two or more alternatives. it is the process of choosing the best solution from various options.

Following are the January transactions: Received a $665 deposit from a customer who wanted her piano rebuilt in February. Rented a part of the building to a bicycle repair shop; $685 rent received for January.

For a normal good, if the price of a substitute good decreases then: (A) the demand curve shifts rightward while the supply curve stays the same. (B) the demand curve shifts leftward while the supply curve stays the same.

13. Velouté, béchamel, heavy cream, cheese, or eggs can all be used A. as a dressing. B. to bind a croquette. C. to deglaze a pan. D. as a breakfast entree.

The table above shows the demand schedules for looseminus-leaf tea of two individuals (sunil and mia) and the rest of the market. at a price of $5, the quantity demanded in the market would be

Effective vision statements include a. financial objectives and projected figures. b. all strategic directions of the organization. c. strategic posturing and future objectives. d. a brief statement of the company's direction.

True or false: people in business get ahead by meeting the needs of their consumers. as a result, both businesses and customers benefit from voluntary exchange.

Jim and kathy have a contract with a term that is not clear. kathy and jim both have a different interpretation of the contract. if kathy wrote the contract, a court will

What is a great marketing strategy

On January 1, 20X8, Package Company acquired 80 percent of Stamp Company's common stock for $280,000 cash.