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

Business

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A. $700. B. $350. C. $875. D. $525.

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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

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a. standard price b. flexible budget c. static budget d. standard cost

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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

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