Which of the following is NOT a duty of the court-appointed trustee in a chapter 11 case?
a. Investigate the acts, assets, liabilities, and financial condition of the debtor
b. Examine proofs of claims
c. Collect and liquidate the property of the debtor's estate
d. All of the above are duties of a court-appointed trustee
d
FEEDBACK: a. Incorrect. The trustee panel is required to investigate the acts, conduct, assets, liabilities, and financial condition of the debtor, unless the court orders otherwise.
b. Incorrect. The trustee in a chapter 11 case is supposed to account for all the property received, just like the trustee in a chapter 7 case.
c. Incorrect. The trustees of both chapter 7 and chapter 11 cases are supposed to examine any proofs of claims that creditors submit to the trustee and ensure these claims are valid.
d. Correct. All of the above are duties of a court-appointed trustee.
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Using segmentation by size, which type of organization would be most likely to be contacted by a field sales person visiting the organization's place of business?
A) small size B) medium size C) large size D) governmental
Walter sells sporting goods. During sales call planning for an upcoming appointment with a prospect, Walter determines that the prospect could save 10% annually on golf balls by purchasing 50 units of Pinnacle golf balls from Walter. He has determined this advantage while developing a(n):
A. customer profile. B. customized marketing objective. C. value analysis. D. customer benefit plan. E. individualized sales call objective.
Which of the following is not true about a manufacturing business?
A) Change inputs to products which are sold to their customers. B) Their primary goal is to maximize profits. C) Only large business can be considered a manufacturing business. D) All are true.
Answer the following statements true (T) or false (F)
1. Employees don’t need to take explicit action to incite change. Organizations are constantly changing, and change opportunities will present themselves regularly. 2. Discontinuous change involves a major break from the change. 3. According to Waldersee and Griffiths, direct action taken by managers is more effective than staff participation. 4. Carefully laid-out plans should be taken seriously and adhered to despite any dissention that may arise.