One of the problems facing business-to-business on the Web is that many firms often impose more stringent requirements on their online business partners than they do on non-online partners
Indicate whether the statement is true or false
TRUE
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In addition to the warehousing function, the three primary departments that you would expect to be part of a typical OE/S process are:
a. sales order, shipping, and credit b. sales order, shipping, and accounts payable c. sales order, credit, and accounts payable d. credit, shipping, and accounts payable
Explain the three tests discussed in the text that can be applied to identify core competencies
What will be an ideal response?
Dan, Fran, and Stan want to establish and operate a mountain bike sales and rental shop. Dan
and Fran will be actively involved in the management of the business, but Stan is investing most of the money. The three of them do not want to form a corporation, but want to use a form of business, if possible, that will give limited liability to each of them. Which of the following is true? A) They could form either a limited liability company or possibly a limited liability partnership, and either of these would give limited liability to each of the three owners. B) They could form a limited liability company and each have limited liability, but if they formed either a limited partnership or limited liability partnership there would be at least one partner with unlimited liability. C) Because Dan and Fran will be actively managing the business, there is no form of business other than a corporation that will give them limited liability. D) They could each have limited liability in a properly formed limited partnership, limited liability partnership, or limited liability company.
WeatherGuard Roofing Corporation obtains an insurance policy that protects WeatherGuard against liability in the event of injuries or losses sustained by its employees during the course of their employment that are not covered under workers' compensation insurance. This is
a. casualty insurance. b. employer's liability insurance. c. key-person life insurance. d. term life insurance.