A Visa card is an example of unsecured credit
Indicate whether the statement is true or false
T
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Describe how a coffee shop might employ the Five-S’s. Give at least one example of implementation of each of the S’s.
What will be an ideal response?
How did Alan Mulally, Ford CEO, respond when an executive posted a red dot indicating a delay in the launch of the Ford Edge—a key new vehicle?
a. Alan stood up and started clapping! “Mark, that is great visibility,” Mullaly applauded. b. Alan stood up and slammed his hand on the table. “Perhaps you thought I wasn’t tough enough to be CEO,” he yelled, “but I don’t tolerate failure!” c. Alan showed no emotion during the meeting, but later he took the executive aside and chewed him out in private, thus following his “praise in public, punish in private,” rule. d. Alan was too new to the auto industry to know what the red dot meant, so he politely asked the executive to explain its significance.
A Cp value of 1.33 indicates a standard of how many standard deviations (sigmas)?
A) 6 B) 1.33 C) 2 D) 3 E) 4
When an exporter is dealing with a high credit risk customer, ________ as a form of payment is most often used
A) draft B) banker's acceptance C) open account D) cash in advance