The MBA Recruiter Had Worked in One of Several Different

question 24

Multiple Choice

The MBA recruiter had worked in one of several different positions at the university; student advisor, adjunct professor, even MBA director at a previous employer. Her sole responsibility as recruiter was attending MBA and job fairs in the area to talk to prospective students about the possibility of continuing their education. This illustrates the waste of:

• A)unnecessary inventory.
• B)overproduction.
• C)unnecessary transportation.
• D)underutilization of employees.

---

Definitions:

Goods and Services

The output of an economy that satisfies consumer or business needs, where goods are physical items and services are intangible activities or benefits.

Capital Spending

Expenditures by businesses to acquire or upgrade physical assets such as property, industrial buildings, or equipment to increase their capacity or efficiency.

Incorporating

The process of legally declaring a business as a corporation, providing it with specific legal rights and protections.

Limited Liability

A legal structure that limits the personal financial responsibility of shareholders, partners, or owners for company debts and obligations.