Ali has a rock quarry (alla) that provides local stone for landscaping. Currently, Jan-2021, he has an offer for $45,000 to sell the quarry. He has only one week to make this decision. He is hesitant to sell because he believes there will be an increase in demand in the next 2 years that would […]
In which of the following situations has a valid, legally-enforceable contract been formed? Able makes a written offer to Baker on July 1st Baker writes back to accept on July 28th, and puts the letter in the mailbox on August 1st Fong accepts a job offer from Tom Hartar’s Coffee. The contract includes a promise […]
Which of the following is a disadvantage of profit sharing? Select one: a. Most employees don’t feel their jobs have a direct impact on profits. b. Most profit sharing plans are highly sophisticated and hence not easily understood by employees c. Most employees are not concerned about the profitability of their organizations. d. Most employees […]
This case discusses the challenges faced by Elaine Chang (Elaine), VP of Amazon.com, Inc., and President, Amazon China, as she endeavoured to expand the company’s footprint in China. Amazon entered China in 2004 but was still struggling with less than a 3% share of the country’s e-commerce market in 2017. Amazon entered China by acquiring […]
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