Which Performance Dimension Is Usually Measured by the Number of Successful

question 13

Multiple Choice

Which performance dimension is usually measured by the number of successful new products introduced relative to competitors or the percentage of sales accounted for by products introduced within the last five years?

• A)efficiency
• B)effectiveness
• C)durability
• D)adaptability

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Definitions:

Agreement On Price

A mutual understanding or contract between parties regarding the cost of goods or services.

Contract

An accord between two or more entities that carries legal obligations and is enforceable.

Substantive Unconscionability

A principle in contract law that allows courts to refuse to enforce a contract or clause deemed to be so unfair or unjust towards a party that it is oppressive.

Mirror Image Rule

A principle in contract law stating that an offer must be accepted exactly without modifications; any changes negate the original offer and create a counteroffer.