Which approach to capacity management would require that the workforce be multi-skilled and easily adapt to being moved from line to line?
A) Time flexibility from workforce
B) Use of seasonal workforce
C) Use of dual facilities—dedicated and flexible
D) Designing product flexibility into the production processes
Answer: D
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Which of the following is false concerning Environmental Impairment Liability (EIL) coverage?
A) It is expensive and difficult to place. B) Most small firms do not need it since they are immune from liability. C) The content of the insurance contract is subject to negotiation between insureds and insurers. D) Federal laws impose legal responsibility on polluters.
What is a call provision?
A) the periodic repurchasing of issued bonds through a sinking fund by the issuer B) an option to the issuer to repurchase the bonds at a predetermined price C) the option for the bondholder to convert each bond owned into a fixed number of shares of common stock D) a clause in a bond contract that restricts the actions of the issuer that might harm the interests of the bondholders