Technician a Says the Best Way to Check a Power

question 157

Multiple Choice

Technician A says the best way to check a power tool is to plug it in and try to use it. Technician B says the power tool should be inspected before each use. Who is correct?

• A)A only
• B)B only
• C)Both A and B
• D)Neither A nor B

Distinguish between the objectives of maximizing division profits versus maximizing company-wide profits.

Analyze the implications of rewarding managers based on division revenues versus division profits.

Understand the consequences of managerial decisions on company-wide performance and inter-divisional relationships.

Evaluate the conditions under which a cost center might be a more appropriate organizational design choice than a profit center.

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Definitions:

Cash Flow Payment

Payments of money, particularly from a company or government to an individual, which can arise from operations, financing, or investments.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering all payments of principal and interest.

Duration

A measure of the sensitivity of a bond's price to changes in interest rates, representing the weighted average of the time until a bond's cash flows are received.

Basis Points

A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, where one basis point is equal to 1/100th of 1%.