Which step comes first in sales and operations planning?

A) master scheduling
B) material requirements planning
C) production activity control
D) vendor order management


Answer: A

Business

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Distinguish between psychologist Bruce Tuckman’s five stages of group development by explaining each.

What will be an ideal response?

Business

Mumtaz, Badia and Ilya are partners in a business partnership, called MBI. Mumtaz contributes $15,000 to the business, Badia contributes $10,000 and Ilya contributes $5,000 The partners agree among themselves that they will share partnership profits and losses in proportion to their contributions. In addition, the partnership borrows $30,000 from the bank. The business doesn't work out, MBI is unable to repay the loan. The bank sues Mumtaz personally. The amount the bank can legally recover from Mumtaz is:

A) nothing B) $5,000 C) $10,000 D) $15,000 E) $30,000

Business

The unrealized holding gains and losses on available-for-sale investments are reported on the income statement

Indicate whether the statement is true or false

Business

Administrative agencies cannot make legislative rules, or substantive rules, that are as legally binding as laws that the Congress passes

a. True b. False Indicate whether the statement is true or false

Business