After being stagnant for a few years, a clothing company started making profits consistently. Following this, the CEO of the company decided to contribute to the growth of the community by starting an apprenticeship program in tailoring. The program involved providing training to a batch of 10 uneducated, underprivileged people free of cost every year. In this scenario, the company's gesture exemplifies _____.
A. green marketing
B. corporate philanthropy
C. social responsibility
D. corporate opportunism
Answer: C
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Order lead time is defined as _____
a. average sales per day b. extra inventory kept on hand to protect against stockouts c. the stock level at which an order must be placed d. the time period from when an order is placed until goods are ready for sale
In which of the following countries does the purchase of property by a foreigner entitle the foreigner to receive a visa to do business in that country?
A) China B) Egypt C) Dubai D) India
For busy readers, use a simple "no" without adding detailed explanations in your bad-news messages
Indicate whether the statement is true or false
In the organization section of the new venture business plan, which of the following should the entrepreneur do?
a. Describe the management team b. Outline the staffing plan for the venture c. List and describe the Board of Advisors/Directors d. All of the above