CRAFT Is Software for Balancing Assembly Lines

question 144

True/False

CRAFT is software for balancing assembly lines.

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Definitions:

Quorum Of The Board

The minimum number of board members that must be present at a meeting to legally conduct business.

Nonprofit Corporation

A legal entity organized and operated for a collective, public or social benefit, rather than to generate profit for owners or investors.

Business Judgment Rule

A legal principle that shields corporate executives from liability for decisions made in good faith and with the belief that they were in the best interest of the company.

Fiduciary Duty

An obligation to act in the best interest of another party, such as the duty a trustee has to the beneficiaries of a trust.