A contract that allows the buyer to modify the order (within limits agreed to by the supplier) as demand visibility increases closer to the point of sale is a
A) buyback or returns contract.
B) revenue-sharing contract.
C) quantity flexibility contract.
D) quantity discount contract.
Answer: C
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Which of the following describes a short position in an option?
A. A position in an option lasting less than one month B. A position in an option lasting less than three months C. A position in an option lasting less than six months D. A position where an option has been sold
The corporate office has determined that the company vision needs to be amended. What should corporate leaders do to increase the likelihood that employees will accept this change?
A) arouse emotions and link them to an appealing vision B) demonstrate how the vision will better company profits C) evoke empathy for the CEO D) negotiate with them and express anger E) motivate employees by putting them in a good mood