Distinguishing between the critical path and other paths can:

A. help operations mangers eliminate defects in finished products.
B. help operations managers allocate resources more efficiently.
C. provide clarity about status of inventory in an organization.
D. create a dispute among employees regarding the work flow.


Answer: B

Business

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A retailer's planned expenditures for a given time period based on its expected performance is its _____

a. asset turnover b. net worth c. budget d. sales forecast

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The major weakness of payback period in evaluating projects is that it cannot specify the appropriate payback period in light of the wealth maximization goal

Indicate whether the statement is true or false

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Consider a no-load mutual fund with $200 million in assets and 10 million shares at the start of the year and with $250 million in assets and 11 million shares at the end of the year. During the year investors have received income distributions of $2 per share and capital gain distributions of $.25 per share. Assuming that the fund carries no debt, and that the total expense ratio is 1%, what is the rate of return on the fund?

A. 11.19% B. 23.75% C. 24.64% D. The answer cannot be determined from the information given.

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A cost center is a unit of a business that incurs costs without directly generating revenues. All of the following are considered cost centers except:

A. Accounting department at Warner Bros. B. Juice division at Coca Cola. C. Research department at Microsoft. D. Advertising department at Hertz. E. Purchasing department at Best Buy.

Business