The backward pass through a project network determines slack or how long an activity can be delayed without impacting the completion date of the project.
Answer the following statement true (T) or false (F)
True
The backward pass represents the critical path. The critical path is the longest path in the network, which, when delayed, will delay the project and determines how long the activity can be delayed without delaying the project.
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Define incentive pay and explain how it can motivate employees.
What will be an ideal response?
What is the best reason for retailers to develop and maintain relationships with multiple and sometimes competing suppliers?
A. A function of retailers is to provide assortments, so they must deal with a variety of suppliers. B. A more efficient supply chain occurs when multiple vendors are involved. C. A variety of vendors assures more profit. D. By working with multiple suppliers, retailers tend to make better negotiators. E. It would be unethical for a buyer to solely work with one supplier.
Answer the following statements true (T) or false (F)
1) The two major types of receivables are interest receivable and taxes receivable. 2) The three major types of receivables are accounts receivable, notes receivable, and other receivables. 3) Accounts receivable are also called trade receivables. 4) The collection period of accounts receivable is usually long, and therefore, it is classified as a long-term asset on the balance sheet. 5) Accounts receivable are usually collected within a short period of time and are therefore reported as a current liability on the balance sheet.
The international division structure
A. is usually adopted before a firm begins expanding into international markets. B. usually has the international division responsible for all overseas activity. C. usually has the international division reporting to the domestic division. D. is only used during the early stages of internationalization; large multinationals change their structure to global, regional, or matrix structures. E. is the most inefficient of the structures.