Answer:
Provide the buyer with funds for a foreseeable loss beyond the contract
Explanation:
Consequential damages in contracts is different from incidental or actual damages because it causes a loss that impacts the business of the other party beyond the contract horizon, when the opposite party fails to fulfill his side of the contractual obligations.
In the scenario, Nevada's failure to deliver within agreed contractual timing is not just delaying the time of Meatpackers but as a consequence, is also causing them loss in money terms which will impact their business beyond the contract horizon.
Hence an award of consequential damages to Meatpackers will provide the buyer with funds for a foreseeable loss beyond the contract.
Question Options:
a. establish, as a matter of principle, that the seller acted wrongfully.
b. punish the seller and deter others from similar acts.
c. provide the buyer with funds for a foreseeable loss beyond the contract.
d. provide the buyer with funds for its loss of the bargain.
Answer: An award to Meatpackers of consequential damages would provide Meatpackerswith funds for a foreseeable loss beyond the contract.
Meatpackers loses a certain percentage of profit each day as a result of the delay. The ideal thing to do is provide Meatpackers with an award for consequential damages which in turn would provide Meatpackerswith funds for a foreseeable loss beyond the contract.
The manufacturers of Miracle-Gro have square boxes of the plant food that serve as a flower-pot liner. The customer just puts the box inside the flower pot, fills it with potting soil, and then adds water. The Miracle-Gro chemical is activated by the water and begins feeding the plant. This would be an example of ____ packaging. a. secondary-use b. category-consistent c. innovative d. handling-improved
The manufacturers of Miracle-Gro have square boxes of the plant food that serve as a flower-pot liner. The customer just puts the box inside the flower pot, fills it with potting soil, and then adds water. The Miracle-Gro chemical is activated by the water and begins feeding the plant.This would be an example of Innovative packaging
Explanation:
Innovative Packaging is also called creative packaging include innovative designs and solutions that makes the product stand out of the rest of the similar products in competition by increasing the success rate of the product.An innovative packaging provides a cost effective solutions.
The manufacturers of Miracle-Gro have square boxes of the plant food that serve as a flower-pot liner. The customer just puts the box inside the flower pot, fills it with potting soil, and then adds water. The Miracle-Gro chemical is activated by the water and begins feeding the plant.This would be an example of Innovative packaging
Constructive conflict: Group of answer choices should never be used as a conflict management strategy. should be encouraged for better decision making and performance. is one of the most common outcomes of conflict. is the only conflict management style that has high assertiveness and low cooperativeness. is the main source of conflict in organizations.
Answer:
Constructive conflict should be encouraged for better decision making and performance
Explanation:
Constructive conflict is a positive form of conflict in an organization. It arises when people have different ideas, values and opinions and come together to find the best solution. It is encouraged among teamwork because it allows to find the most creative solutions to problems as everyone corporates and shares different thoughts and views. Participants talk openly and respect other people’s views and opinions. They are also willing to let go of their own ego and agree to someone else’s solution if they are persuaded that it is a better solution than their own. Mediators and facilitators are sometimes used to ensure that a conflict remains constructive as opposed to destructive.
Final answer:
Constructive conflict should be encouraged as it leads to better decision-making and performance, leveraging a balance of assertiveness and cooperativeness. It fosters a collaborative environment, promotes organizational health, and supports productive collaboration. Proper management of constructive conflict can be a vital tool for growth.
Explanation:
The question asks whether constructive conflict should be considered as a conflict management strategy and its characteristics. Constructive conflict should be encouraged for better decision making and performance. This type of conflict, grounded in differences of opinion or approach, can lead to innovative solutions and enhance group dynamics, contrary to being a source of discord.
Conflict resolution strategies balance assertiveness and cooperativeness, with the ideal strategy promoting both parties' interests. Contrary to the belief that constructive conflict is associated only with high assertiveness and low cooperativeness, it actually embraces a balanced approach, fostering a collaborative and respectful environment. The ability to manage conflict constructively is crucial for maintaining the health of organizational relationships and ensuring productive collaboration.
Emphasizing collaborative goals and structured tasks can prevent conflicts from escalating. Dialogue and sharing information among partners can eliminate misunderstandings, leading to a more effective conflict resolution process. In summary, constructive conflict, when managed properly, can be a valuable tool for organizational growth and problem-solving.
George Wilson purchased Bright Light Industries common stock for $47.50 on January 31, 2016. The firm paid dividends of $1.10 during the last 12 months. George sold the stock today (January 30, 2017) for $54.00. What is George’s holding period return? 14.00% 11.00% 16.00% 19.00%
Answer:
16%
Explanation:
The holding period return is a measure of the aggregate returns from holding an investment over a period of time. Returns include an appreciation in the value of the investment plus other gains such as dividends. The formula for calculating the holding period is as follows.
Holding Period return = Income + (Vn- Vo)
Vo
Where
Income represents interests, dividends and other earning
Vn is the ending value of the investment
Vo is the beginning value of the investment
For George, Holding period return will be
HPR = 1.10 + ($54.0 - $47.50)
$47.50
HPR =$1.10 + $ 6.5
$47.5
HPR = $7.6/$47.5 x 100
HPR=0.16 x 100
HPR =16%
Luke is frustrated as he is often criticized by his employer for not meeting deadlines. He decides to take revenge on his employer for criticizing him in front of all his peers. Luke floods his organization's server with multiple requests so that the server can no longer handle genuine requests. This impacts the productivity of the organization. This act of sabotage is called ________.
A. a denial of service attackB. Wi-fi piggybackingC. war drivingD. a brick breaking attack
Answer: A. Denial of service attack
Explanation: Denial of service attack (DOS) is define as an attack that occurs when multiple systems flood a bandwidth of a targeted system, done by one or more severs . example is when a botnet is flooding a targeted system with traffic.
In this case Luke floods his organization servers with multiple request so that the server can no longer take genuine request.
Michael corporation manufactures railroad cars, which is its only product. the standards for the railroad cars are as follows: standard tons of direct material (steel) per car 2 standard cost per ton of steel $ 16 during the month of march, the company produced 1 comma 500 cars. related production data for the month follows: actual materials purchased and used (tons) 6 comma 500 actual direct materials total cost $ 118 comma 000 what is the direct materials quantity variance for the month?
Answer:
$56,000 Adverse
Explanation:
direct materials quantity variance = Aq × Sp - Sq ×Sp
= (6,500×$16) - ((1,500×2)×$16)
= $104,000 - $48,000
= $56,000 Adverse
More materials were used during the month than was expected thus adverse.
When Frito-Lay introduced its Stax brand of potato chips. These chips were meant to compete directly against Pringles. The intent was to gain market share quickly. During the first few months they were on the market, Stax retailed for 69 cents. What type of pricing strategy is Frito-Lay likely using?
A. ​Bait pricing
B. ​Penetration pricing
C. ​Periodic discounting
D. ​Price-skimming
E. ​Captive pricing
Answer:
B, penetration pricing
Explanation:
Penetration pricing is a pricing strategy in which a manufacturer sets the price of its product low for a start so as to have a wide reach and acceptability in the market.
This pricing strategy is meant to make customers ditch their usual product for the new product, thereby having the new product attracting customers to itself.
Ultimately, penetration pricing increases market share of the new product manufacturer as it gains a lot of customers within the shortest possible time.
Penetration helps to discourage new product entrance into the market thus giving the product a large/high stock turnover throughout the product's distribution channel.
In the above question, Frito lay introduced its chips at a low price of 69cents for a period of time (first few months, say 3 or 4 months for example) in order to gain market share quickly.
Cheers
True / False:
A successful results-orientated wellness program will not need to allocate employees who are paid to promote wellness (i.e., as part of their job responsibilities) as this type of program is easily implemented (select one word answer only please).
Answer:
False
Explanation:
A successful results-orientated wellness program will not need to allocate employees who are paid to promote wellness (i.e., as part of their job responsibilities) as this type of program is easily implemented (select one word answer only please) False