A major problem associated with the use of want books (want slips) is that this technique _____
a. requires a sophisticated data base
b. relies on retail salespeople to enter the relevant information
c. requires a computer-based retail information system
d. requires electronic data interchange capability
b
Business
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Which of the following would be the legal result if the event contemplated by a condition precedent failed to take place?
A) The contract may be discharged. B) The contract is declared void. C) The party will be given time to cure. D) The contract will be binding on all the parties.
Business
A common "me-too" pricing policy by which the small business owner establishes his/her prices by monitoring competitor's prices and then matching them is called:
A) follow-the-leader pricing. B) below-market pricing. C) price lining. D) variable pricing.
Business