It is the responsibility of the ________ to determine if a CEO has the experience and integrity needed to head a company and be entrusted with the capital and wealth of the organization.
A. chief financial officer
B. ethics ombudsperson
C. board of directors
D. stockholders
E. employees
Answer: C
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List three advantages and one disadvantage of commercial software
Listed below are steps of procuring materials for production: 1 . The receiving clerk checks the quantity and quality of incoming materials. 2 . The purchasing agent issue the purchase order to the vendor. 3 . The production floor supervisor issues a materials requisition. 4 . The storeroom clerk issues a purchase requisition. In which order would these events typically happen?
a. 3, 2, 4, 1 b. 3, 4, 2, 1 c. 2, 1, 3, 4 d. 4, 2, 1, 3
Using the Best Buy revenue data:
a) Fit the sales data using the Holt-Winters Multiplicative Seasonal model.
b) Find the optimal smoothing constants (?, ?, and ?) using the Solver. Set the Solver to minimize the MSE, and be sure to constrain the smoothing parameters to be between 0 and 1. What are the optimal values?
c) Using the model that you have created, forecast quarterly revenues for the next year.
d) According to FactSet, analysts are forecasting the following revenues for the next year. How do your numbers compare?
Office Plus, an office supply store, ordered 600 blank CDs from Curtis Co, a manufacturer of computer products. Office Plus placed the order using a preprinted purchase order form; Curtis acknowledged the order by sending a preprinted acceptance form back to Office Plus. Unlike Office Plus' form, which says nothing about packaging, Curtis's form specifies that the CDs will be packaged in cases of
10 CDs per box, 10 boxes per case. Which statement is correct? a. The UCC will classify this as a specialty goods exception and will reform the contract. b. Curtis's packaging term is a different term which materially changes the offer. There is no contract. c. Curtis's packaging term is an additional term and therefore a part of the contract unless Office Plus promptly objects to the term. d. The UCC does not cover the contract because both parties are merchants.