Chapter 8-Self Check Questions Existence of a Sales Contract Does a sales contract exist? If so‚ what are the terms of the contract? 1. Boston Hardware Co. agrees to buy all the snow shovels it needs from New England Shovel Co. In past years this has been around 5‚000 shovels per year. The mild winter in 2009 caused Boston Hardware to need only 250 shovels‚ leaving New England Shovel Co. with over 4‚000 unpurchased shovels. Yes‚ a contract exists. This is a requirements contract since Boston Hardware
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CHAPTER 8 CROSS-BORDER ALLIANCES AND STRATEGY IMPLEMENTATION Opening Profile: The Daimler-Chrysler AG Global Alliance The $92 billion merger of Daimler-Benz and Chrysler to form Daimler-Chrysler Akteingesellschaft represents a triumph of the global economy and the end of car companies as national emblems of industrial might. The two CEOs announced that they expect immediate growth opportunities by using each other’s facilities‚ capacities‚ and infrastructure. DaimlerChrysler expects to realize
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Chapter 8: Differentiation and Brand Positioning Marketing Management A Strategic Decision-Making Approach Differentiation is a powerful theme in developing business strategies‚ as well as in marketing. Consumers or organizational customers choose what they buy for one or two reasons: what they choose is better and what they choose is cheaper. In other case‚ the choice is‚ in some way‚ almost always different from others they could have chosen. Most of the time‚ differentiation is why people
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Challenging Issues Under Accrual Accounting: Long-Lived Depreciable Assets – A Closer Look Discussion Questions 8-1. Some factors determining the estimated useful life of assets might include: a. prior experience the company b. industry norms c. anticipated technological advancements d. the way the asset will be used e. anticipated company growth An important point that needs to be made during the discussion of this question
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Chapter 8---Creating a Republican Culture (1790-1820) I. The Capitalist Commonwealth A. Banks‚ Manufacturing‚ and Markets a) Banking and Credit: 1. For merchants‚ farmers‚ and political leaders‚ republicanism meant capitalism. 2. 2nd National Bank was chartered in 1816 for 20 yrs. To finance mercantile enterprises. 3. The Panic of 1819: state banks over-issued notes‚ sparked by a sharp drop in world agricultural prices Business cycle—the periodic expansion and contraction of profits
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Chapter 10 Plant Assets‚ Natural Resources‚ and Intangibles QUESTIONS 1. A plant asset is tangible; it is used in the production or sale of other assets or services; and it has a useful life longer than one accounting period. 2. The cost of a plant asset includes all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. 3. Land is an asset with an unlimited life and‚ therefore‚ is not subject to depreciation. Land improvements have
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Chapter 10: Political socialization and Public opinion I) Short Answer Questions 1) Government officials pay close attention to public opinion polls and other measures of public opinion because of several reasons. First of all‚ public opinion polls represent an opportunity for government officials to view a snapshot of public opinion. Secondly‚ public opinion polls allow government officials to see the attitudes of individuals regarding political subjects. Even though
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Chapter 8 Questions 1. Using your adopted business or current place of employment as your primary example‚ please answer the following question. Do you think that most people are satisfied or dissatisfied with their work? What factors primarily contribute to their satisfaction or dissatisfaction? Using my current place of employment‚ I am going to say that I think most people are satisfied with their work. The factors that seem most important are that they enjoy the kind of work they’re doing
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Throughout reading Chapter 8‚ Perceiving Motion‚ I learned how we typically act in our daily lives. As humans‚ we are constantly acting‚ either dramatically such as riding a bike or routinely‚ as in reaching for a coffee cup or walking across the room. Whatever form of action takes‚ it involves motion‚ and one of the things that makes the study of motion perception fascinating and challenging is that we are not simply passive observers of the motion of others‚ we often move ourselves. We as well
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Seminar Four: Chapter 8 Case Study Wrangler Sells Direct Online p. 369 Discussion Questions: 1. How does Wrangler’s new B2C e-commerce site assist Wrangler’s brand recognition and marketing efforts? Wrangler’s new B2C e-commerce site assists Wrangler’s brand recognition and marketing efforts in many ways. Their brand recognition was already high since their company started in 1904. They have grown since their first owner‚ C.C. Hudson started out with only several sewing machines. Their company
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