Sigh..
So much misinformation.
When ANY install requires an admin password, it's likely that it drops an installer receipt in /Library/Receipts/, in which is a BOM (Bill of Materials) that contains what the proper permissions that installed detritus should have. This includes Apple software installs, Apple software updates, 3rd party installs, anything that requires an admin password and has an actual installer.
After that, is the only time you should be Repairing Permissions. Anything else, other than as a desperate measure in troubleshooting steps is a complete waste of time and energy.
Some things to note:
One CANNOT Repair Permissions on an external drive. Nor any other drive besides the boot drive.
One CANNOT use Repair Permissions to fix permissions issues in their home directory.
There is no point in using Repair Permissions as a maintenance step.
One should not use the installed DVD to Repair Permissions unless the boot disk is borked. The BOM archives are vastly out of date.
Disk Utility is very useful for (as noted previously), creation if disk images, CD/DVD images, repairing permissions on the boot disk, fixing the file system on local or mounted drives, mounting and/or unmounting drives, buring disk images to CD/DVD, checking SMART status, etc, etc.
That is all. [End Communication]