Tobias Novelties Is a Company That Manufactures and Sells Various

question 23

True/False

Tobias Novelties is a company that manufactures and sells various sports-related novelty items, including giant "we are number 1" foam hands. Tobias is revamping its product line-up, and wants to sell the equipment it uses to manufacture these giant foam hands. Tobias did not manufacture this equipment itself, and does not want to give any warranties when re-selling it to other users. Because the implied warranty of merchantability arises automatically, Tobias will only be able to disclaim such a warranty if it does so explicitly, conspicuously, and in writing.

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Definitions:

Competitive Advantage

A unique attribute or set of attributes that allows an organization to outperform its competitors.

Communication Distance

The extent of difference or disconnect between the communication preferences, styles, or practices among individuals or groups.

Unity-of-Command Principle

A principle in management stating that each employee should receive orders from only one superior to avoid confusion and conflict.

Too Many Bosses

A situation in which an employee is required to report to multiple supervisors, often leading to confusion and conflict.