A restaurant decides to offer a lunch buffet instead of a la carte ordering. Which of the following is not a co-production benefit of the restaurant’s decision?
a. Increase in cost efficiency from being able to serve more customers without needing more waitstaff
b. Increase in guests’ perceived control since they can choose their favorite foods in their preferred quantities from the buffet
c. Increase in production efficiency from utilizing a kitchen that might otherwise be more idle
d. Increase in inventory efficiency from minimizing food waste
d. Increase in inventory efficiency from minimizing food waste
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Hameta is a top manager at her current company. However, she is leaving the company for a better job at a competing firm. Which form of turnover is illustrated in this scenario?
A. voluntary turnover B. involuntary turnover C. internal turnover D. dysfunctional turnover E. external turnover
A contract limiting the rights of others to go into business in a specific industry or line of business for a specified period is called a
a. noncompete covenant. b. patent. c. copyright. d. trademark.
The United Nations Environment Program was created upon the recommendation of the Stockholm Declaration
Indicate whether the statement is true or false
Howe, Hardy, and Harkins, a law firm in Alberta, decides to register as a limited liability partnership. Which of the following is TRUE?
A) Such an entity is not permitted. B) Henceforth, the firm will refer to itself as Howe, Hardy, and Harkins, LLP. C) Howe will continue to be liable for the negligence of Hardy and Harkins. D) Once the limited liability partnership is registered, Howe will not be liable for the negligence of Hardy and Harkins. E) Both B and D.