Factors to determine a vessel's seaworthiness include:
a. the competence of the crew.
b. the type of cargo carried and the manner in which it is stowed.
c. the nature of the voyage and the weather expected.
d. All of the above
d
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When a partnership is formed, assets contributed by the partners should be recorded on the partnership books at their
a. book values on the partners' books prior to their being contributed to the partnership b. fair market value at the time of the contribution c. original costs to the partner contributing them d. assessed values for property tax purposes
The primary objective in setting transfer prices is to ________.
A) establish a system that determines the best transfer prices for the company as a whole B) evaluate the managers of the responsibility centers involved C) achieve goal congruence by selecting a price that will maximize overall company profits D) make it easy for managers to select prices that maximize division profits
______ is similar to global sourcing, but it tends to be on a large scale.
a. Franchising b. Direct investment c. Contracting d. Importing/exporting
Walter Shewhart, in the ________, provided the foundations for ________ in operations management
A) 1920s; statistical sampling B) United Kingdom; mass production C) U.S. Army; logistics D) nineteenth century; interchangeable parts E) 1900s; queuing theory