An offer is terminated on the grounds of "lapse of time" if ________
A) the offeror dies before the offeree has accepted the offer
B) the offer is not communicated to the offeree
C) the offeror has communicated to the offeree a set time which is not mentioned in the offer
D) the offer is not accepted within a stated time period
D
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The chapter discussed a few specific subtypes of convenience products. Which of the following is considered a subtype of convenience product?
A. Impulse product B. Staple Product C. All of these D. Consumer packaged good
Which of the following is true about job-based pay structures?
A. The ambiguous definition of a job's responsibilities can contribute to an attitude that some activities "are not in my job description," at the expense of inflexibility. B. Their focus on higher pay for higher status can work in favor of efforts of empowerment. C. They usually reward desired behaviors, particularly in a rapidly changing environment. D. Organizations may avoid change because it requires repeating the time-consuming process of creating job descriptions and related paperwork. E. They always encourage innovation and customer service.