According to the text, the firm's ultimate manager of strategic planning is the firm's

A. director of the strategic planning department.
B. director of global activities.
C. chief executive officer.
D. chief operating officer.
E. vice president for planning.


Answer: C

Business

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Melissa Harrison, a realtor, sells a house to the Smiths. Before the sale is finalized, Mr. Smith asks Melissa for details of repairs the house has undergone over the years

Melissa gives him details of minor repairs but hides all documents regarding a major plumbing defect that was repaired last year. Three months after the Smiths moved in, the defect reappeared flooding the first floor, damaging their expensive carpet and furniture. Melissa is liable for which of the following frauds? A) fraud in the inception B) fraud in the inducement C) fraud by concealment D) fraud in the factum

Business

A product has an annual demand of 3600 units. Unit cost for this product is $3. Set up cost is $20 and the inventory carrying rate as a percent of the unit cost is 25%. The product is produced in-house where the daily production rate is 50 units

Assume 360 working days per year. Determine the annual ordering cost and carrying cost if the optimal production quantity is made each time.

Business

Primary liability on anegotiable instrument is conditional

Indicate whether the statement is true or false

Business

With reference to # 31, suppose that Bobby sent his acceptance via UPS overnight delivery on November 2 and the UPS package arrived at Sam's home by 10:30 a.m. on November 3

A)?Sam and Bobby do not have a contract B)?Sam and Bobby have a contract as of November 2 C)?Sam and Bobby have a contract as of November 3 D)?Sam and Bobby will have a contract on November 5 at 10:30 a.m.

Business