Multiple sourcing can add quality variability to the sourced product because of the use of different materials, manufacturing techniques, and processes
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following statements most accurately describes the legal principleestablished in the case of Solomon v. Solomon?
A) In the case of fraud, the owners of a company may be personally liable for all debts incurred by it. B) Directors must act in good faith and exercise their powers in the best interests of the company C) Directors owe fiduciary duties to the company D) A company has a separate legal existence from its owners E) A company may survive the death of its members
Ernest operates an ice cream stand during the months of May, June, July, and August. Ernest's ice cream machine is broken and needs a new part to run. He contracts to have the part shipped to him by special carrier. Ernest emphasizes that the part needs to be delivered by April 25 and the carrier agrees, knowing that Ernest intends to open his stand May 1 . If the shipper fails to deliver the
part on April 25, Ernest will be able to recover consequential damages caused by the delay. a. True b. False Indicate whether the statement is true or false
The primary objective of managing waiting lines is to ______ throughout any service or manufacturing facility.
a. maximize total costs b. minimize total costs c. maximize total time d. minimize production volume
When outcomes meet or exceed expectations, _____ is positively reinforced.
a. entrepreneurial behavior b. entrepreneurial motivation c. desire for success d. entrepreneurial ego