All of the Following Are Considerations to Understand the 'Business

question 45

Multiple Choice

All of the following are considerations to understand the 'business fit' of a potential new offering, except:

• A)alignment with firm's mission and vision
• B)manufacturing feasibility
• C)selling price
• D)alignment with firm's corporate objectives

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Definitions:

Acts of Parties

Actions or conduct by individuals that have legal significance or implications.

Lex Mercatoria

A body of commercial law used by merchants throughout Europe during the medieval period, developed based on common trade practices.

Commercial Law

The branch of law that deals with the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.

Contract Law

The body of law that governs the creation, enforcement, and termination of contracts between parties.