Which of the following types of clauses, in a franchise agreement, provides that any claim or controversy arising from the franchise agreement or an alleged breach thereof will be settled outside the courts?

Which step is the most critical to help improve business ethics?

A. Top management must adopt and support a corporate code of conduct. B. The ethics code must be enforced. C. An ethics office must be set up. D. Outsiders must be told about the ethics program.

In the context of the specific environment of an organization, which of the following is a difference between supplier dependence and buyer dependence?

Question options: Supplier dependence relates to the difficulty of finding consumers for a particular product, whereas buyer dependence relates to the difficulty of finding dealers of a particular product. Supplier dependence is the degree to which a company relies on a dealer for the dealer's product, whereas buyer dependence is the degree to which a supplier relies on a consumer. Supplier dependence takes into account the importance of a consumer to a supplier's sales, whereas buyer dependence takes into account the importance of a manufacturer's products to a company. A high degree of buyer dependence can lead to opportunistic behavior, whereas a high degree of supplier dependence does not lead to opportunistic behavior.