Frank Is an Administrative Assistant at a University

question 16

Multiple Choice

Frank is an administrative assistant at a university.He has access to all records and information pertaining to students, such as race, social class, family connections, and athletic ability.He restricts administrators from accessing this information, so that the admission process is not affected by these factors and is fair to students.Frank's role is similar to the role of a(n) in a buying centre.

• A)influencer
• B)decider
• C)initiator
• D)user
• E)gatekeeper

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Definitions:

GDP Growth

The increase in the market value of goods and services produced by an economy over time, indicating economic health and progress.

Future Value

is the value of an asset at a specific date in the future, calculated from its present value and accounting for factors such as interest rates and time.

Present Value

The present-day worth of an anticipated future sum or series of cash payments, calculated using a specific interest rate.

Discounted Value

The present value of a future amount of money or stream of cash flows given a specified rate of return.