Clark hires Dimitri to act as his agent to purchase Expo Sports Arena, Inc Clark tells Dimitri to reveal that he is buying the firm and its assetson behalf of a third party and to tell the seller who that third party is. Clark is
a. a disclosed principal.
b. an apparent principal.
c. an undisclosed principal.
d. a partially disclosed principal.
A
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Manufacturing cycle efficiency (MCE) is calculated as follows:
A) Manufacturing-cycle time ¸ Value-added time B) Value-added time ¸ Manufacturing-cycle time C) Value-added time ¸ Non-value added time D) Manufacturing-cycle time ¸ Non-value added time
Carrying excessive inventory can help counter demand volatility when new products come on the market
Indicate whether the statement is true or false.
About ____________________ percent of all manufacturing companies are considered small.
Fill in the blank(s) with the appropriate word(s).
Which of the following would be both legal and ethical acts in an international operations?
a. Offering to pay a regulator for a favorable inspection report b. Offering to pay a police officer for not writing a ticket c. Offering to pay a government employee extra to speed up phone service connections d. None of the above