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Don is an elderly man who lives with his nephew Evan. Don is dependent upon Evan for care. Evan advises Don to “invest” in Evan’s professional gambling venture. Evan tells Don that he will no longer provide care unless Don makes the investment. Don sells all of his stocks and bonds and signs a contract with Evan investing the proceeds of his sale of the stocks and bonds in Evan’s professional gambling venture. Can Don set aside the contract? If Don is successful in setting aside the contract, what remedy should he seek in addition to setting aside the contract?
To the degree job growth (and increased car sales that come from more competitive labor costs) is based on two tier wage structures, how sustainable is this approach? What are the potential drawbacks of a tow tier structure?
Risk is often described as the event that "might" happen during the course of a project. Explain how risk has impacted a project that you have been associated with as a team member or project leader.
You as a project manager have been successful in communicating and receiving feedback from your entire clients except one. This client has been a nagging problem. What should you do?
The operations manager of a firm that produces frozen dinners had received numerous complaints from supermarkets about the firm Chick n Gravy dinners.
For what reason might her results be inaccurate? What would she need to do in order to accurately measure the daily demand for magazines?
Management wants each employee to learn several jobs so that the production group can be more flexible. Describe one type of reward system that would best motivate employees to learn several jobs and identify a potential disadvantage of this rewar..
What are the arrival rate and service rate in jobs per hour? Show the operating characteristics including the total cost per hour.
begin earning an ROI. Combined, that is 7-13 years which outlasts even the best economic cycles. How would you treat that reality
Daily demand for a product is 60 units with a standard deviation of 10 units. The review period is 10 days, and lead time is 2 days. At the time of review there are 100 units in stock. If 98 percent service probability is desired, how many units shou..
Who are Business Week’s most recent “best and worst managers,” and why were they selected? From your research, do any of them demonstrate Christian values in their actions? Explain.
Synthesize three examples of how an organizational leader can contribute to society through his or her leadership role in their organization
Power and politics are often thought of as negative aspects of an organization, yet both are a means by which objectives get accomplished. Discuss the use of power and politics and how they contribute to the achievement of organizational objectives.
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