App Developers, Inc (ADI), enters into a contract with Carmen, the chief executive officer of SalesCorp, to create an app for the firm. To fulfill the contract, ADI hires Max and ten other student interns. With respect to the contract, Max is
a. an intended beneficiary.
b. an incidental beneficiary.
c. a delegatee.
d. an assignee.
B
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Having a ______ mind-set is a key standard for contemporary managers.
A. global B. local C. narrow D. national
If the average daily demand rate is 50 units per day and the lead time is 3 days, then the reorder point is ______.
a. 50 / 3 (i.e., about 17 units) b. 50 * 3 (i.e., 150 units) c. 50 ^ 3 (i.e., 125,000 units) d. 50 units
It is December 10th and you have a stock that you purchased last January 5th, which has increased in value by more than $3,000
You think the stock will not significantly increase or decrease in value over the next month or so, and you would like to take your gain. What should you do? A) Sell the stock today and take the gain. B) Wait until December 30th and sell the stock then. C) Sell the stock on January 6th of next year or later. D) Do not sell the stock until it starts to go down in value.
Are Woods and Tiger members of a brother-sister controlled group? Why or why not?
Woods and Tiger Corporations have only one class of stock outstanding, owned by the following individuals:
