In the context of purchasing new equipment to improve productivity, the ________ department usually has an opinion on what payback period is acceptable for the organization.
A) marketing
B) production
C) hiring
D) finance

Question

Quizplus · Accepted Answer

The finance department is responsible for managing the organization's financial resources and analyzing the costs and benefits of any investment. Therefore, they would be the ones to determine what payback period is acceptable for the organization when it comes to purchasing new equipment to improve productivity.

In the Context of Purchasing New Equipment to Improve Productivity