Which of the following terms is closely related to destination contracts?
A. Ex-ship
B. C&F (cost and freight)
C. FAS (free alongside)
D. CIF (cost, insurance, and freight)
Answer: A
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The ______ is a performance appraisal checklist form on which a manager simply rates performance on a continuum such as excellent, good, average, fair, and poor.
A. graphic rating scale form B. management by objectives method C. critical incidents method D. narrative method or form
Which of the following descriptions best exemplifies adverse selection?
A. A manager cannot ascertain the contributions of individual team members in team production. B. A research scientist uses the organization's resources to conduct personal research. C. An interview candidate lists his qualifications in chronological order. D. An employee spends time on social networking sites during work hours.
Which of the following aspects of production capacity should be considered in marketing planning?
A. Other firms are available to handle production on a contract or supplier basis. B. A firm has more production capacity than it can use. C. A firm's production capacity allows it to produce some products quickly but not others. D. A firm can produce only limited quantities of its current product without a major investment in new facilities. E. All these answers are correct.
Absent a specific provision in its articles of incorporation, a corporation's board of directors has the power to do all of the following except:
a. Repeal the bylaws. b. Declare dividends. c. Fix compensation of directors. d. Amend the articles of incorporation.