If Cost Reduction Is Part of a Firm's Strategy,which of the Following

question 101

Multiple Choice

If cost reduction is part of a firm's strategy,which of the following systems will allow it to achieve cost savings through economies of scale in purchasing,manufacturing,and transportation?

• A)push strategy
• B)pull strategy
• C)push-pull strategy
• D)supply strategy
• E)demand strategy

Understand the significance of special circumstances, such as promises related to marriage, suretyship, and special manufactures under the statute of frauds.

Recognize how courts interpret and apply promissory estoppel in relation to oral contracts and the statute of frauds.

Understand enforceability conditions of oral promises in specific situations.

Comprehend the statute of frauds and its application to various agreements.