First-Past-The-Post Winners Receive

question 11

Multiple Choice

First-past-the-post winners receive:

• A) A majority of the votes
• B) A plurality of the votes
• C) A minority of the votes
• D) A multiplicity of the votes

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Definitions:

Cost Center

A business segment whose manager has control over cost but has no control over revenue or investments in operating assets.

Profit Center

A business segment whose manager has control over cost and revenue but has no control over investments in operating assets.

Margin

Net operating income divided by sales.

Turnover

Sales divided by average operating assets.