To a Manager Whose Responsibility It Is to Allocate Resources

question 17

Multiple Choice

To a manager whose responsibility it is to allocate resources in order to manage a product and customer portfolios,the most important element is the value of:

• A) The cost of goods sold.
• B) The inventory.
• C) The provision for depreciation of inventories.
• D) None of these.

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Definitions:

Elaborative Rehearsal

A method of memory consolidation that involves thinking about the meaning of the term to be remembered, rather than simply repeating the word to oneself.

Serial Position Effect

A phenomenon of memory that states people tend to remember the first and last items in a series best, and the middle items worst.

STM

Short-Term Memory, a capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.

LTM

Long-term memory, which refers to the storage of information over extended periods of time.