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The Forsite Company is screening three new product ideas.Resource constraints allow only one idea to be commercialized at the present time.The following estimates have been made for the five performance criteria that management feels are most important.If the five criteria are equally weighted,what are the best and worst alternatives?
Builders' Liens
Legal claims made by contractors or suppliers against a property they have worked on or supplied materials for, ensuring payment for their services.
Bankruptcy
A legal status for individuals or entities that cannot repay the debts they owe, leading to legal processes to resolve these debts.
Insolvency
Inability of a person to pay her debts as they become due.
Bulk Sale
A transaction where a business sells its inventory or a significant portion of its goods all at once, usually under conditions other than the ordinary course of business.
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