6) A disadvantage of the "few suppliers" sourcing strategy is: A) the risk of not being ready for technological change. B) the lack of cost savings for customers and suppliers. C) possible violations of the Sherman Antitrust Act. D) the high cost of changing partners.
A) supplier evaluation, supplier development, negotiations, and contracting B) supplier evaluation, negotiations, supplier acquisition, and supplier development C) introduction, growth, maturity, and decline
When this large order is sent to the distributor, the distributor assumes the large size is a trend, not a one-time event. The distributor therefore places an even larger order with the lobsterman. This behavior is the result of which of the following? A) double marginalization B) the bullwhip effect C) CPFR D) postponement
Corporations can be fined up to $100 million for violations of the Sherman Act. True. A covenant in the sale of a dry cleaning business that prohibits the seller from operating a dry cleaning business anywhere in that state is too restrictive to be enforced. Correct!
Superior skill, foresight, and industry is a: justification for a monopoly. Snow-Man manufactures a cotton candy machine. It will not sell its machine unless the buyer purchases at least five dozen paper cones for holding the cotton candy. Snow-Man's requirement is:
Intrabrand competition exists when a manufacturer provides the same goods to more than one distributor or retailer in a particular market area. The Clayton Act provides for treble damage recovery for all antitrust violations. Corporations can be fined up to $100 million for violations of the Sherman Act.
Action Outfitters is a national manufacturer and retailer of outdoor gear. When it agrees to sell its merchandise to a retailer, the retailer must also agree to purchase Action's outfits for clerks, its displays, its shopping bags, and its gift boxes. Action says that these items are part of its brand identification.
Sherman Antitrust Act of 1890. Laws and regulations change over time; however, in the United States the thrust of most business legislation can be summed up as . any practice is permitted that does not substantially reduce competition and harm consumers or society.
Title VII of the Civil Rights Act of 1964. prohibits discrimination on the basis of race, color, sex, religion, or national origin. The Sarbanes-Oxley Act created the _____ to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing.