Aaron Levitch Is a Plant Foreman for a Generator Manufacturer

question 109

Multiple Choice

Aaron Levitch is a plant foreman for a generator manufacturer.He spends his day carrying out operational plans for the ongoing daily activities of the plant.What type of manager is he?

• A) a supervisory manager
• B) a functional manager
• C) a coordination manager
• D) a middle manager

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Definitions:

Settle Price

The official price at the end of a trading session on a futures exchange, used for calculations of margin and account balances.

Option Premium

The price paid for the rights granted by an options contract, not considering the actual trading of the underlying asset.

June 550 Call

An options contract granting the holder the right, but not the obligation, to buy an underlying asset at a predetermined price of 550 units, expiring in June.

Gold

A precious metal that is used as an investment, a store of value, and in jewelry, due to its scarcity, durability, and aesthetic appeal.