The maximum amount of goods and/or services that a system can produce over a set period of time refers to?

a. Capacity
b. Ceiling
c. Floor
d. Reorder point


a. Capacity

Business

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______ is a method of setting forth the duties and responsibilities of a job with the intention of improving productivity and performance.

A. Job purpose B. Job design C. Job enlargement D. Job rotation

Business

Which of the following statements is true regarding fixed and variable costs?

A) Both costs are constant when considered on a per unit basis. B) Both costs are constant when considered on a total basis. C) Fixed costs are constant in total, and variable costs are constant per unit. D) Variable costs are constant in total, and fixed costs vary in total.

Business

Stocks A and B are perfectly negatively correlated ( = -1 ) and their standard deviations are 0.20 and 0.30 respectively. What is the standard deviation of a portfolio with 50% invested in Stock A and 50% invested in Stock B?

A) 5% B) 6% C) 7% D) 8% E) 9%

Business

The process of preparing managers and other professionals to assume increased responsibility in present and future positions is called employee training.

Answer the following statement true (T) or false (F)

Business