Morgan Steel Company leases a warehouse in Jacksonville, Alabama, to serve Deep South markets that are large enough and stable enough to make a long-term commitment to fixed facilities. This is a
A. flexible warehouse.
B. dispatching center.
C. distribution center.
D. private warehouse.
E. public warehouse.
Answer: D
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Commerce LLC owes Data Analysis Company $2,000. Commerce executes a note to Data as security for the debt. This security
A. does not constitute sufficient consideration for HDC status. B. does not satisfy the value requirement for HDC status. C. satisfies the consideration requirement for HDC status. D. satisfies the value requirement for HDC status.
From a leadership perspective, where should a leader interested in building and shaping culture begin?
a. with basic underlying assumptions and beliefs about the organization b. with norms and values c. with cultural artifacts d. at the beginning
Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 58, 13, 6, 43, 89, and 6?
A. 8
B. 9
C. 10
D. 11
Apparent authority may arise in all but which of the following ways?
A) The acts are customary of an agent in similar positions in an organization. B) The principal has acquiesced to prior similar transactions between the agent and the third party. C) The agent shows the third party a power of attorney from the principal authorizing the agent to enter such a transaction. D) An agent tells the third person she has the authority to transact such business on behalf of the principal.