Suppose You Are a Manager of a Factory

question 169

Multiple Choice

Suppose you are a manager of a factory.You purchase five (5) new machines at one million dollars each.If you can resell two of the machines for $500,000 and three of the machines for $200,000,what are the sunk costs of purchasing the machines?

• A) $5 million
• B) $500,000
• C) $3.4 million
• D) $1.6 million

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Definitions:

Screened Applicants

Individuals who have undergone a review or evaluation process to determine their suitability for a job or program.

Desperate Need

A condition of urgency or a critical demand for something essential, often resulting in immediate action.

Job Analysis Technique

The systematic process for gathering, documenting, and analyzing information in order to describe jobs.

Interview

A formal meeting, typically one-on-one, used for the purposes of assessment, research, or information gathering, often used in the context of job hiring.