In august 2003, r. f. cunningham & co., a farm products dealer, and driscoll, a farmer in cayuga county, entered into an oral contract for the sale of 4,000 bushels of soybeans at a price of $5.50 per bushel, to be picked up after harvest time. immediately afterward, cunning-ham sent to driscoll a "purchase confirmation," and driscoll did not object to its contents. in october 2003, with his attorney asserting that he had no legal obligation to perform, driscoll refused to sell his soybeans to cunningham. as a result, cunningham was forced to purchase replacement soybeans at the then-prevailing market price of $7.74 per bushel. cunningham suffered a financial loss of $8,960.00, which was the difference between the contract price and cunningham’s costs to obtain the replacement soybeans. cunningham sued driscoll for breach of contract. driscoll moved for summary judgment on the ground that the contract did not satisfy the statute of frauds. did he win?

You decide that structural changes must be made at holden evans immediately to deal with the additional product lines. equipment and employees will have to be moved around to optimize production of all of the products in house. this shouldn't be too difficult because many of the vitamins and supplements are produced using similar processes. you have several options available to facilitate this process. which of the following methods do you think is the best choice? select an option from the choices below and click submit. because the changes may result in the loss of several key employees, you hire outside consultants who specialize in hr law. this way any employee terminations will not result in lawsuits. you select an outside consulting firm that your company has never worked with before, but it has a reputation for using new technology in product lines that are similar to yours. you select several trusted managers to facilitate the transition of operations from overseas. these individuals can gather information and also smooth any rough spots that may occur.

Discuss how the resource-based view (rbv) of the firm combines the two perspectives of (1) an internal analysis of a firm and (2) an external analysis of its industry and its competitive environment. include comments on the different types of firm resources and how these resources can be used by a firm to build sustainable competitive advantages.

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c. increase prices