A corporate governance model that says profit maximization is the key, if not the only, concern of management is known as the ________ model.
Fill in the blank(s) with the appropriate word(s).
shareholder
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A C corporation pays taxes at the corporate level and the shareholder's level
Indicate whether the statement is true or false
A nonprofit corporation is any corporation that does not make a profit
Indicate whether the statement is true or false
Enrobe Textiles, Inc., is a small clothing manufacturer that produces men’s polo shirts and pants. The production manager, Zhang Wei, uses two primary resources: sewing machine hours and cutting machine hours. For next month’s production of shirts and pants, Mr. Wei can schedule up to 300 hours of sewing machine time and up to 240 hours of cutting machine time. Production of each polo shirt requires 3.0 hours of sewing time and 1.0 hour of cutting time. Each pair of pants requires 2.0 hours of sewing time and 2.0 hours of cutting time. Based on the analysis of cost and sales figures, Mr. Wei estimates that each polo shirt will yield a profit of $5, and each pair of pants will generate a profit of $7. Given this scenario, what will be the combination of shirts and pants that will yield
maximum profits? a. 30 pants and 105 shirts b. 210 pants and 45 shirts c. 80 pants and 55 shirts d. 120 pants and 185 shirts
When creating a WBS, you should keep in mind that
A) a good understanding of the project is needed. B) a good scope document must be developed. C) good requirements documentation with good input from all stakeholders is needed. D) all of the above are needed.