E-Biz Dreams (Scenario) Raja Has Just Completed a Master of Science Degree in Science

question 138

Multiple Choice

E-Biz Dreams (Scenario)
Raja has just completed a Master of Science degree in computer science at Major University. He now wants to begin a new internet business selling his services as a website maker for companies in his home city. He estimates that, if his business idea is a success, within one year he will be employing at a minimum 10 programmers and 2 analysts.
-To provide the programmers and analysts general guidelines about the efficiencies that are desired, Raja will have to develop what type of plan?

• A) Directional
• B) Operational
• C) Specific
• D) Strategic

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Definitions:

Unaccepted Draft

A written order to pay a specified amount that has not been accepted by the entity it is drawn upon, typically in international trade.

Drawee

The party directed by a draft or check to pay the specified amount, typically a bank.

Real Defenses

A limited set of defenses that can be used to challenge the enforceability of a negotiable instrument, including forgery, fraud, and duress.

Personal Defenses

Defenses used in legal contexts that are specific to an individual, often used to avoid enforcement of a contract or to combat allegations in civil or criminal cases.