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The Goldman Cat House is a pet store catering to the needs of felines. The store is a sole proprietorship, taking in revenues of approximately $1,700,000 annually. Products available include kittens, cat food, cat toys, cages, collars, cat litter and litter boxes, and manuals on cat care. One manual was written by the store owner, who also makes up his own concoction for cat litter. All other goods are purchased from national wholesalers. Two part-time and two full-time employees work for Goldman. Sometimes the employees deliver goods to Goldman customers.
a. Identify some of Goldman Cat House’s liability exposures.
b. Would Goldman be best advised to purchase an occurrence-based or claims-made liability policy?
Bowman Builders manufactures steel storage sheds for commercial use, Joe Bowman, president of Bowman Builders, is contemplating producing sheds for home use.
A call center employs 960 agents. Every month 60 employees leave the company and 60 new employees are hired. a. How long on average does an agent work for this call center?
Analyze and recommend a strategy for communicating the policy to the organization in a manner that meets the needs of the audience.
What functions should it perform for the company (i.e., marketing, sales, customer support, internal communications, etc.)?
If an investment does not fit with an organization's strategic plan, it is probably not a good idea, even if the net present value is positive. Under what conditions would this be a true statement? When would it be false?
How much cash will be received in May from March revenues? Will that be all the revenue received that month?
One unit of A is composed of two units of B and three units of C. Each B is composed of one unit of F. C is made of one unit of D, one unit of E, and two units of F. Items A, B, C, and D have 20, 50, 30, and 25 units of on-hand inventory. Find the pl..
What are Sequencing/Priority Rules? What are they used for? What, if any, is (are) the difference(s) between Sequencing Rules and Measures of Performance? How are they related? In Trend Projection forecasting, how are the constants, a and b interpret..
The National State Bank is trying to make sure that they have enough tellers to handle the Friday afternoon rush of workers wanting to cash their paychecks
Many people who "the most likely to succeed" in their high school yearbooks become leaders later on in their career. How can you explain this finding?
According to the textbook, the current world economy is increasingly becoming integrated and interdependent; as a result, the relationship between business and society is becoming more complex. Use the Internet to research Apple. Use a tablet, sma..
One of Chipotle's core competencies is their operational efficiency. List two sources for that efficiency and how they might use that source in developing a similar concept Asian food restaurant.
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