Nazley Runs a Small Company That Sells Medical Software

question 103

Multiple Choice

Nazley runs a small company that sells medical software.She has devised a process by which her company is able to develop new versions of the software relatively quickly and with almost no bugs.However, Nazley believes that the success of this process hinges on her company's unique makeup and the type of product it produces; she does not believe that most software companies could use her process to any great effect.Nazley's views embody which of the following perspectives?

• A) Scientific
• B) Universal
• C) Situational
• D) Interactional
• E) Pessimistic

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Definitions:

Merchants

Individuals or businesses engaged in the trade of goods, services, or commodities for profit.

Nonmerchants

Individuals or entities that do not regularly engage in selling goods or services and therefore may not be held to the same standards as merchants in commercial transactions.

UCC

stands for Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Standardized Contract

A pre-determined, template agreement used in numerous transactions without substantial modification.