How Do the Responsibilities of a Manager in an Investment

question 111

Multiple Choice

How do the responsibilities of a manager in an investment center compare to the responsibilities of managers in a cost or profit center?

• A) Investment center managers have more authority and responsibility than managers of a cost or profit center.
• B) Investment center managers have more authority and responsibility than managers of a cost center but less than managers of a profit center.
• C) Investment center managers have about the same authority and responsibility as managers of a cost or profit center.
• D) Investment center managers have more authority and responsibility than managers of a profit center but less than managers of a cost center.

Recognize the influence of situational and group factors on decision-making processes.

Identify the psychological mechanisms behind conformity and how it is affected by group influences.

Analyze the ethical implications and psychological effects of obedience and authority experiments.

Grasp the principles of group polarization and groupthink, and their outcomes on group decisions.

---

Definitions:

Tax Revenues

Governments' income derived from tax levies.

Campaign Pledge

A promise or commitment made by a political candidate or party to the electorate as part of their platform during an election campaign.

Balanced Budget Amendment

A proposed federal constitutional rule requiring that the government not spend more than its income in a fiscal year, aimed at ensuring fiscal responsibility.

Equilibrium GDP

Equilibrium GDP, or Gross Domestic Product, is the level of output where aggregate demand equals aggregate supply, resulting in no unintended changes in inventories.