A kaizen standard reflects the realized improvements for the past periods and a search for more improvements for the future

Indicate whether the statement is true or false


True

Business

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Distinguish between a supply chain and a value chain. How do they relate to each other?

Business

Orange Office Supply Corporation completed the following stock issuance transactions

Mar. 28 Issued 5,000 shares of $4 stated value common stock for cash of $20 per share May 1 Received merchandise inventory with a market value of $46,000 in exchange for 2,000 shares of the $4 stated value common stock. May 14 Issued 450 shares of 5%, $20 par value preferred stock for $50 per share Prepare the journal entries to record these transactions. Explanations are not required. What will be an ideal response

Business

Valley Disposal Center operates a recycling plant. Wendy and other Valley neighbors file a suit, alleging injuries from the plant. To succeed, they must show that Valley failed to use reasonable care if the suit is based on

A. a negligence theory. B. a nuisance theory. C. any legal theory. D. a strict liability theory.

Business

Michelle had major abdominal surgery. Months after the surgery, she still did not feel well

When she was operated on again, the surgeon discovered two sponges that were not removed at the conclusion of the first operation. Michelle should be able to collect damages without having to prove negligence under the doctrine of A) joint and several liability. B) res ipsa loquitor. C) contributory negligence. D) uberrimae fidei.

Business