If the goods that are delivered to the buyer are in accordance with the obligations under the contact, they are called:
a. fungible goods
b. nonconforming goods
c. identified goods
d. conforming goods
Answer: d. conforming goods
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Exporting is an arrangement whereby an organization grants a foreign firm the right to use intellectual properties such as patents, copyrights, manufacturing processes, or trade names for a specific period of time
Indicate whether this statement is true or false.
Which statement below is NOT true of strategy implementation?
A) It is the process by which strategies and policies are put into action through the development of programs/tactics, budgets, and procedures. B) Implementation is often considered after strategy has been formulated. C) Strategy implementation is the sum total of the activities and choices required for the execution of a strategic plan. D) Strategy implementation should be kept separate and distinct from that of strategic management. E) Strategy formulation and strategy implementation are two sides of the same coin.