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Last Year, Game Guys, Inc

question 65

Multiple Choice

Last year, Game Guys, Inc., had its most successful rollout of one of its first person games in the company's history. The CEO announced sales and profits had far exceeded company projections. He attributed the success to a flexible plan, which included good design, accurate product testing, and innovative marketing and sales tactics. In order to have good recall of the procedures that were put in place for this successful introduction, he has charged a team of managers to develop a(n) ________ system, so the company can avoid "reinventing the wheel." For future introductions, he wants to be able to recall what worked and what didn't work.

Definitions:

Specific Performance

A legal remedy requiring a party to fulfill their obligations under a contract, rather than merely compensating the other party with damages.

Promissory Note

An economic tool involving a formal commitment from one entity to another to remit a specific amount of cash, payable either upon request or on a predetermined date in the future.

Third-party Complaint

A legal document filed in a lawsuit by a defendant who believes that a third party (not currently involved in the lawsuit) is partially or fully responsible for the claim filed by the plaintiff.

Counterclaim

A claim made by a defendant in a civil lawsuit against the plaintiff, essentially acting as a counter-lawsuit within the same proceeding.