The first source for succession often is
a. nonfamily outsiders.
b. professional managers.
c. family and in-house personnel.
d. friends of the family.
ANSWER: c
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Peter forgot to file his tax return by April 15. He did not file an extension. Peter finally filed his tax return on July 31 and had a remaining tax liability of $3,500. What is Peter's failure to file penalty? Assume he made all his payments on time.
A. $700. B. $350. C. $875. D. $525.
From a supply chain perspective, ______ can be defined as the ability to satisfy customers in terms of time, reliability, convenience, and communication.
A. order completion B. order fulfillment C. customer satisfaction D. customer service
A budget for a single unit of a product or a service is known as the ________ of the product or service
a. standard price b. flexible budget c. static budget d. standard cost
The _________ strength of alliance partners can result in synergies that allow for more efficient and effective use of resources and, thereby, provide a source for competitive advantage.
a. Reciprocal b. Opposing c. Complementary d. Mutual