What are the functions in the order cycle?
What will be an ideal response?
The first step in the order cycle involves the customers placing an order with the firm. The firm then processes the order that involves receiving and entering the order, contacting the customer to acknowledge the order and plan for its fulfillment, checking inventory, and creating an invoice. The firm will then fill the order, which could consist of packing and transportation. Finally, the company delivers the order where they get the product to the customer and prepare any documents needed for shipping.
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The right to purchase additional shares in proportion to the owner's present holding, if more shares are issued by the corporation, is called
a. preferred right; b. stated right; c. retained right; d. proportion right; e. preemptive right.
In a short essay, compare and contrast the roles of power and influence in ethical decisions.
What will be an ideal response?
Leona is evaluating a new customer relationship management software solution for her business. She knows several business owners and managers who have implemented the software in their organizations. Instead of conducting a trial in her own company, she asks them for their advice. Leona is most likely searching for a(n) ________ solution to her problem.
A. statistical B. optimal C. experimental D. ready-made E. custom-made
Which of the following is correct with regard to conditions subsequent?
a. Conditions subsequent are quite common in contracts. b. A "sale or return" contract is an example of a contract with a condition subsequent. c. A condition subsequent must occur before performance is due under a contract. d. All of these are correct.