A Partner Who Invests Money in a Business,but Does Not

question 55

Multiple Choice

A partner who invests money in a business,but does not take an active role in management or assume unlimited liability for the firm's losses is known as a(n) :

• A)partial partner.
• B)limited partner.
• C)corporate partner.
• D)implied partner.

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Definitions:

Capacity Planning

The method of calculating the manufacturing capability required by a company to adapt to fluctuating needs for its goods.

Aggregate Planning

A process in operations management aimed at determining the optimal production levels, inventory, and workforce to meet expected demand over a medium-term horizon.

Master Schedule

A detailed plan that outlines the production activities, timelines, and resources needed to manufacture a product.

Short-Term Schedule

A plan that outlines specific tasks or activities to be completed within a relatively brief period, typically ranging from days to a few weeks.