List and describe typical disruptions to the external supply chains
What will be an ideal response?
Typical disruptions include volume changes, product and service mix changes, late deliveries, and underfilled shipments. Volume changes occur when customers change the quantity of the product or service they have ordered for a specific date or unexpectedly demand more of a standard product or service. Product or service mix changes occur when customers change the mix of items in an order and cause a ripple effect throughout the supply chain. Late deliveries of materials or delays in essential services can force a firm to switch its schedule from production of one product model to another. Finally, suppliers that send partial shipments do so because of disruptions at their own plants.
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The Chester Company has issued 10%, nonparticipating, cumulative preferred stock with a total par value of $400,000 and common stock with a total par value of $800,000. No dividends are in arrears. How much cash will be paid to the preferred stockholders and the common stockholders, respectively, if cash dividends of $180,000 are distributed?
A) $80,000 to preferred and $100,000 to common B) $60,000 to preferred and $120,000 to common C) $55,000 to preferred and $125,000 to common D) $40,000 to preferred and $140,000 to common
Which of the following is true of the Do-Not-Call Registry for consumers?
A) The registration is valid for the lifetime of the customer who opted for it. B) Telemarketers have three days to remove the customer's name upon registry. C) Charitable and political organizations are exempted from the registry. D) Customers cannot choose the companies that they do not wish to receive calls from.
Adrian operates a recycled metals business and contracts to provide ten tons of scrap steel at $500 per ton to be delivered to Build-It-Rite Materials, Inc, in seven months. An un¬fore¬seen shortage of scrap steel suddenly develops, making it impossible for Adrian to fulfill the contract for less than $5,000 per ton. Adrian's best de¬fense against performing the contract would be that
a. performance of the contract is commercially impracticable. b. procuring the steel would force the seller into bankruptcy. c. the law has rendered performance of the contract illegal. d. the specific subject matter of the contract has been destroyed.
Which of the following is NOT a way for management to reduce unethical behavior?
A. select individuals with high ethical standards B. establish codes of conduct C. provide ethics training D. monitor employee telephone calls