What Is Logrolling

question 144

Multiple Choice

What is logrolling?

• A)a situation where a policymaker votes to approve a bill in exchange for favorable votes from his colleagues on other bills
• B)a situation where policymakers transfer resources from those voters who are unlikely to have a huge impact on the political outcome to those who contribute to political campaigns
• C)a situation where a policymaker accepts bribes to prevent proposed legislation from coming to a vote
• D)a situation where a policymaker gets the government to fund a non-essential project benefiting her family members

Recognize different strategies for gaining competitive advantage in the marketplace.

Understand the impact of technology in enhancing customer experience and operational processes.

Recognize the role of continuous improvement mechanisms such as BPI, BPM, and BPR in business process optimization.

Distinguish between the roles of various departments in fulfillment and procurement processes.

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Definitions:

Discounted Value

The present value of a future amount of money or stream of cash flows after being discounted by a specific rate.

Present Value

The contemporary evaluation of a future financial sum or cash inflow patterns, using a defined rate of return.

Simple Interest

Simple interest is a method of calculating the interest charge on a loan or investment based on the original principal amount and the rate of interest without compounding.

Account Balance

The amount of money held in a financial account, which reflects all transactions made.