Provide the definitions for the following terms:
Open corporation
Closed corporation
Domestic corporation
Foreign corporation
What will be an ideal response?
Open corporation is also known as a publicly traded company. These corporations stock trades on the New York Stock Exchange or the NASDAQ.?Closed corporations are also known as private corporations. These company's stock does not trade on a stock exchange.?Domestic corporations transact business either in the state in which they are incorporated or in the country in which they were incorporated.?Foreign corporations transact business in a state other than the state in which they are incorporated or in another country.
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Roger is new-product project manager for a retail company. Recently the team has exhibited a high degree of conflict over who will control the group and how decisions will be made. Which stage of development is the team in?
A. Norming B. Storming C. Performing D. Adjourning E. Forming
The common characteristic of multinationals that are organized by function at the upper level is a narrow
A. and highly concentrated regional focus. B. and highly integrated product mix. C. variation of prices in the product mix. D. research and development effort. E. and highly integrated customer list.
An example of a spreadsheet software program is:
a. Word Perfect b. Lotus c. Word d. Desktop publishing e. Venture
What are the constraints for this problem?
A production of 300 units of Twiddle Bugs, an educational toy for children, must be completed within 1 week by BugU Manufacturing. Two production lines are available, each for 30 hours during the week. Production line 1 can produce five units per hour and production line 2 can produce four units an hour. Line 1 costs $50 per hour to operate and line 2 costs $55 per hour. Overtime is available for line 1 at $15 per hour and for line 2 at $12 per hour. Management goals in decreasing order are: P1: Produce 300 units. P2: Maximum allowable overtime of 6 hours for line 1. P3: Cost of overtime must not exceed $750. P4: Avoid the underutilization of either production line. Assign weights that are proportional to their production capability. P5: Producing more than 300 units is 1-1/2 times as undesirable as producing under 300 units.