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Your firm has contracted to purchase silk from overseas suppliers on letter of credit terms. After contracting but before presentment of the seller’s documents, China expands its production and floods the market with raw silk. The price of silk plummets on world markets. Comment on whether you should try to find a minor discrepancy in the documents to justify rejecting the documents. Is it ethical for a buyer to reject documents presented under a letter of credit that contains only a minor discrepancy between the documents and the credit? Do the reasons matter? Does it matter that the buyer may know that the shipment actually conforms to the requirements of the contract and of the letter of credit? What is meant by the following statement: “Buyers and their banks have on occasion been known to ‘invent’ discrepancies; to make a ‘mountain out of a molehill."
Calculate the capacity of each machine center and the capacity of the system. Analyze where the focus of the company's efforts should be if Beck wants to expand capacity. Determine how much extra capacity he can get without causing another operatio..
Cummings and Worley detail a succint organizational development process. Provide an overview of steps associated with the organizational development process, and then discuss when it is best to utilize this organizational development process- in othe..
Discuss the following scenario: A student suspected and found a loophole in her university’s computer security system that allowed her access to other students’ records. She told the system administrator about the loophole, but she continued to acces..
An innovative restaurateur owns also operates neither a dozen "Ultimate Low-Carb" restaurants in northern Arkansas. Illustrate what is your forecast of profit for a store with sales of $40 million? $50 million.
What is strategic sourcing? How has strategic sourcing impacted competition among global corporations? Under what conditions would a firm decide to outsource a function? What are the advantages? What are the risks? Under what conditions would a firm ..
Only one attachment file (a WORD file) can be submitted for grading. You do NOT need to send in your working file from the software "Management Scientist".
The Internet is an ideal communication mechanism because of its openness and anonymity but people must make ethical decisions about how to use this power. Discuss how freedom of expression and intellectual property rights might ethically conflict.
What are (or were) key factors behind Twitter’s early success? What are current threats, opportunities? • When answering this question, please perform a SWOT of Twitter using at least any 3 of the following organizational functions: 1) marketing mix ..
Discuss how granting credit to customers affects a firm's cash flow. Discuss why the discounted cash flow technique provides the best method for making capital budgeting decisions.
Create a flowchart of the original supply chain and how Chipotle supplies each of the restaurant chains. Provide your own commentary.
Do you think that Tucker should select the transplant operation
High-Top Manufacturing produces extension ladders for the construction trade. They are considering automation in order to reduce the labor content needed to make each ladder. At present, there are 7 workers who produce an average of 80 ladders per ho..
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