Which of the following is a disadvantage of franchising?
A. It doesn’t ensure consistent product quality.
B. It hinders companies ability to engage in global strategic coordination.
C. It involves high development costs and risks.
D. It enables the company to collect all the profits made by the franchisees.
E. It frees companies from the task of monitoring and assisting operations at franchisees.
Answer: A
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Internal control does not consist of policies and procedures that
A) protect assets from misuse B) aid management in directing operations toward achieving business goals C) guarantee the company will not go bankrupt D) ensure that business information is accurate
Under a JIT system,
A) customer demand pulls units through the production line. B) safety stock is set at relatively high levels. C) stockouts are never a problem. D) inventory levels are set at 10% of total production levels. E) production is set at a level to maximize factory output.
One night, Kyle discovers Lee, an intruder, in Kyle's home. Kyle shoots and kills Lee. With respect to criminal prosecution for this use of deadly force, under a duty-to-retreat law Kyle
A. is presumed innocent or may be exempt from prosecution. B. must prove that he first told Lee to "Get out!" or to "Retreat!" C. must prove that he first tried to retreat or that his life was in danger. D. must prove that Lee did not try to retreat or acted without regard for his own life.
Describe three views that firms can take of their IT infrastructure
What will be an ideal response?