Which of the following is true regarding the effect of the death of a partner on a general partnership?
a. Unless there is an agreement to the contrary, the partnership dissolves upon the death of a partner.
b. Unless there is an agreement to the contrary, the partnership ceases to exist 10 days after the death of any partner.
c. The remaining partners must by operation of law continue the partnership for at least one year.
d. Within 90 days the remaining partners may elect to continue the partnership.
a
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Which of these questions is not one of the initial round questions typically used to uncover opportunities during a process redesign?
A) What is being done? B) When is it being done? C) Who is doing it? D) Why are we doing it?
A strategy of ________ will be most beneficial for a firm to enhance its overall corporate performance.
A. unrelated level of diversification B. single-business level of diversification C. related-linked diversification D. dominant-business level of diversification
A manufacturer has decided to improve its inventory management by maintaining low inventory levels and waiting to purchase materials until right before they are needed in production. This inventory management technique is called
A. just-in-time (JIT). B. time management. C. inventory minimization. D. economic order quantity. E. reorder point maximization.
A(n) ________ advantage is a product or service that an organization's customers place a greater value on than similar offerings from a competitor.
Fill in the blank(s) with the appropriate word(s).