Firms Often Use A(n)_________when Working on a Major Project Involving

question 69

Multiple Choice

Firms often use a(n) _________when working on a major project involving the production of a large item such as an airplane,ship,or bridge.

• A)assembly line layout
• B)process manufacturing technique
• C)fixed-position layout
• D)continuous production process

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Definitions:

Derivative Action

A lawsuit brought by a corporation's shareholder on behalf of the company against a third party, often for breach of fiduciary duty.

Shareholder

An individual or entity that owns shares in a company, giving them a claim on part of its assets and earnings.

Pre-emptive Rights

Rights that allow existing shareholders to purchase additional shares in a company before new shares are offered to the public, to maintain their proportional ownership.

Shareholder's Agreement

A contract among the shareholders of a company outlining their rights, responsibilities, and obligations.