Two Common Operational Measures of Time Are Customer-Response Time and Manufacturing

question 46

True/False

Two common operational measures of time are customer-response time and manufacturing lead time.

Know the effects and implications of agents' actions on behalf of principals, including the continuity of principals' obligations.

Recognize the legal capacity required for appointing agents and the effect of an agent's incapacity on the agency relationship.

Understand the specifics of agency termination, including automatic termination due to bankruptcy or the principal's death.

Understand the dynamics of power relations in interviews and strategies to minimize power imbalances.