Greenfoods, a manufacturer of ready-to-eat foods, conducts over 60,000 customer surveys each month through its retail outlets. What risk is Greenfoods likely to face by putting out so many surveys each month?
What will be an ideal response?
By putting out so many surveys each month, Greenfoods may run the risk of creating "survey burnout" and seeing response rates drop sharply.
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May Company has the following information:
Month Budgeted Purchases January $33,000 February 37,000 March 31,000 April 30,000 May 27,680 Purchases are paid as follows: 75% in the month of purchase 25% one month after purchase What is the expected balance in Accounts Payable on April 30? A) 0 B) $7,500 C) $20,250 D) $30,000
Samuel Tate enters into a contract with Bill Smith. Under the terms of this contract, Smith is to pay Tate $7,000 and Tate is to build a garage, repair a boat, and build a doghouse. If the doghouse has not yet been built, this is an example of a(n):
a. quasi contract. b. illusory contract. c. executory contract. d. executed contract.