In the Political Science Office, Professors Must Send Any Budget

question 20

Multiple Choice

In the political science office, professors must send any budget requests through a secretary if they want a department chair or the administration to see them.The secretary can quietly support a particular professor's work and priorities.Consequently, professors who try to influence the secretary can be said to be engaged in politics, since it is about "who gets what, when, and how." What makes the university office politics different than the sort studied by political scientists?

• A) It involves only a small group of people, not a larger population.
• B) It does not involve conflicts over the leadership, structure, and policies of governments.
• C) The use of power and influence within the department is rarely consequential, whereas it definitely can be in larger societies.
• D) It cannot involve violence and physical conflict.

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Definitions:

Average Rate of Return

A financial ratio indicating the average annual return earned through an investment over its lifetime, expressed as a percentage of the initial investment cost.

Net Income

The total earnings of a company after subtracting all costs and expenses from revenue.

Net Cash Flow

The difference between a company's cash inflows and outflows over a period, indicating overall liquidity.

Compound Interest

Interest calculated on the initial principal and also on the accumulated interest of previous periods, leading to exponential growth of the investment or loan.