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Vikentia [17]
3 years ago
12

Why must corporate managers use multiple techniques of project evaluation? Which technique is most commonly used and why? Descri

be several ways you may be able to use the techniques above as you progress in your professional career.
Business
1 answer:
Schach [20]3 years ago
7 0

Answer:

The most important technique for project evaluation is the net present value (NPV) which compares the present value of discounted cash flows against the  initial costs associated with the project. The other two most important techniques used are the payback period (either regular or discounted) and the internal rate of return (IRR).

Depending on the company's needs, sometimes one technique might be used instead of others. E.g. technological firms generally use the payback period because most of their projects have a very short life, 1 or 2 years. Other times, you might have to compare different projects and even if they are not mutually exclusive, no company can dispose of money freely. It only invests in certain projects that have a minimum required rate of return.

But the basic technique, the NPV, is the most relevant in a sense that no project with a negative NPV should be accepted.

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Sam has two jobs, one for the winter and one for the summer. In the winter, he works as a lift attendant at a ski resort where h
viktelen [127]

Answer:

more hours

Explanation:

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

time is a limited resource that has to be shared between work and leisure. If the opportunity cost of leisure increases, it means he is giving up more work to rest. As a result, he would increase his work hours

3 0
3 years ago
If the price of good A​ falls, then when the consumer makes his new​ utility-maximizing choice​ _______. A. the quantity of the
skad [1K]

Answer: Option (B) is correct.

Explanation:

Correct option: The marginal utility from consuming good A will be lower than before.

This due to the law of diminishing marginal utility. When the price of good A falls as result consumer will buy more quantity of good A. But according to the  law of diminishing marginal utility, as the consumers consumes more and more quantity of good, the utility derived from an additional unit goes on diminishing.

Therefore, the marginal utility from consuming good A will be lower than before.

4 0
3 years ago
If we assume that both countries specialize according to their comparative advantage, then how do we find a terms of trade that
levacccp [35]

Answer:

The best way to find terms of trade that will ensure that two entities are in the best terms of trade will be to look at the opportunity costs of the various products they produce.

A high opportunity cost in one product relative to that of the other entity means the entity with the higher opportunity cost should be trading with the entity with the lower opportunity cost and vice versa.

For example, assume that an entity "A" produces both rice and beans whilst an entity "B" also produces rice and beans too.

If the opportunity cost to A of producing Beans is 300 bags of rice whilst the opportunity cost to B of producing Beans is 120 bags of rice, and the opportunity cost to A of producing rice is 180 bags of beans whilst it is 250 bags of beans to B, the principles of comparative advantage require that A should focus more on producing rice and purchase beans from B whilst B should focus more on producing beans and purchase rice from A.

Cheers!

4 0
3 years ago
During March, the production department of a process operations system completed and transferred to finished goods 25,000 units
lesya692 [45]

Answer:

175,000 units

Explanation:

total transferred units = beginning work in progress units + number of units started and completed

  • beginning work in progress = 25,000 units
  • units started and completed during March = 150,000 units

total transferred units = 25,000 + 150,000 = 175,000 units

7 0
3 years ago
The kitchen workers at Joe's Coffee Shop and Bakery report directly to Sue, the kitchen manager. Sue is a ________ manager.
ryzh [129]

Answer:

line

Explanation:

hope this helps have a nice

5 0
2 years ago
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