Describe how disruptions such as natural disasters or terrorism affect supply chains.

What will be an ideal response?


A successful answer might give an example of a recent natural disaster or other disruption and describe how that event affected supply chains. There are numerous events that can easily be researched and the supply chain impacts examined. Examples might include the Japan earthquake/tsunami, the 9/11 terrorist attacks, etc.

Business

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The government can limit entry to an industry or market through strict regulation, licensing requirements, and by limiting access to raw materials via laws or high taxes and to certain locations by means of zoning restrictions.

Answer the following statement true (T) or false (F)

Business

________ is an organizational development (OD) technique that uses a questionnaire to gather data that are used as the basis for change.

Fill in the blank(s) with the appropriate word(s).

Business

Under the United Nations Convention on Contracts for the International Sale of Goods, an international sales contract does not need to be evidenced by a writing or to be in any particular form

Indicate whether the statement is true or false

Business

Jameson works for Fishy-Mart Corporation, a chain of superstores that sells large quantities of seafood. His job is to locate future sites for Fishy-Mart stores. Jameson finds a piece of real estate near a coastline that would make a great site for a Fishy-Mart store. He asks his friend to purchase the property from its current owner and has a secret agreement with his friend to split the profits when he sells the property to Fishy-Mart. Jameson, without disclosing his interest in the property, recommends the site to Fishy-Mart, which then purchases the property from Jameson's friend. The friend splits the profits with Jameson. What breach of the duty of loyalty has Jameson committed?

A. usurping a corporate opportunity B. self-dealing C. competing with the corporation D. proxy

Business