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pentagon [3]
3 years ago
13

At the broadest and vaguest level, cost-benefit analysis may be regarded simply as______________.a. systematic thinking about de

cision making b.the best way to protect profits c. a way of ethically d. justifying unpopular decisions e. No answer text provided.
Business
2 answers:
Semmy [17]3 years ago
8 0

Answer:

The correct answer is letter "A": systematic thinking about decision making.

Explanation:

Cost-benefit analysis is the process by which individuals compare the returns of taking a decision and compare them to the costs involved in choosing that option. In most cases people have more than one option available to select, thus, the choice with the greatest return and the lowest costs is likely to be chosen.

American Harvard Professor Steven Kelman (born in 1948) <em>states that at its broadest and vaguest level, cost-benefit analysis may be regarded simply as systematic thinking about decision-making.</em> Kelman also believes that using the cost-benefit analysis in<em> environmental, safety, </em>or <em>health</em> matters is inappropriate.

Nataliya [291]3 years ago
3 0

Answer:

a. systematic thinking about decision making

Explanation:

  • Every decision a person takes comes at a cost, and produces certain benefits (if not, no one would actually takes that decision!).  
  • Cost-benefit analysis simply <u>allow us to order and explicitly see what are those cost and those benefits</u> linked to the decision, and <u>quantify them</u>, in order to make our final decision more easy by deciding in terms of what actually is better for us.
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quizlet Governments implement Blank______ trade policies that are designed to make it difficult for imports to enter a country.M
lilavasa [31]

Governments implement Administrative trade policies that are designed to make it difficult for imports to enter a country.

<h3>What is Administrative Trade Policies?</h3>

Administrative trade policies are bureaucratic rules designed to make it difficult for imports to enter a country. These are rules and regulations made by the government to control the entry of particular products into the country.

<h3>What is Trade policy ?</h3>

Trade policy is the set of agreements, regulations, and practices by a government that affect trade with foreign countries. Each nation determines its own standards for trading, including its tariffs, subsidies, and regulations.

Trade policies have a significant effect on the international economy and on financial markets. They affect exchange rates, the availability of goods, and the prices that people pay for them, among many other economic factors.

Learn more about Trade policy on:

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6 0
1 year ago
What's the difference between a brand-name and a generic product? A. The company that sells the product B. The side effects of t
katen-ka-za [31]

Answer:

A

Explanation:

The quality should be about the same.

The social responsibility should also be about the same.

There shouldn't be side effects of most products. If you are speaking of medications, there really ought to be the same side effects with the same severity and the same statistical occurrences.

The only difference is the company selling the product.

There have been exceptions to this where different "fillers" were used in the generic brand and the side effects were different and more severe. I've only heard of one case however and I cannot remember what it was. Manufacturers were careful not to let it happen again.

4 0
3 years ago
The material wealth of society is determined by the economy's _________, which is a function of the economy's _________. a. inve
Yakvenalex [24]

Answer:

The material wealth of society is determined by the economy's productive capacity, which is a function of the economy's real assets.

Explanation:

Production capacity or <em>productive capacity</em> is the maximum level of activity that can be achieved with a given productive structure. The study of capacity is essential for business management in that it allows analyzing the degree of use made of each of the resources in the organization and thus have the opportunity to improve them.

<em>Real assets</em> are physical assets that have value due to their substance and properties. Real assets include precious metals, raw materials, real estate, agricultural land, machinery and oil. They are appropriate for inclusion in more diversified portfolios due to their relatively low correlation with financial assets such as stocks and bonds.

7 0
3 years ago
What is the best way to help students use materials successfully in learning centers?
astraxan [27]

The best way to help students demonstrate ways to use materials is when introducing them.

<h3>How can learning centers effectively support students in making effective use of the resources there?</h3>

Create, share, and put procedures into action. The complicated choreography of different students, spaces, and materials that centers entail. Teachers are responsible for developing thorough procedures, explaining them to pupils, and giving them enough time to practice them until they become second nature.

The group with purpose: Centers give students the option to work independently, in groups of their choosing based on interests, or in mixed- or leveled-ability groups. All grouping choices must be deliberate and based on the character and goal of each activity.

Give students meaningful tasks: Centers activities in all subject areas should be engaging, difficult, and, whenever possible, give students a chance to practice skills in real-world contexts. This means that activities should assist students in making connections between their classroom learning and real-world situations or in forming practical habits of mind.

To know more about learning centers, visit:

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3 0
1 year ago
Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). RP also experien
Rudik [331]

Answer:

Gross profit= 131,500

Explanation:

Giving the following information:

Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). RP also experienced these variances: Materials price: $2,400 F Materials quantity: $1,400 U Labor price: $2,000 U Labor quantity: $1,000 F Overhead: $1,500 F

To calculate the cost of goods sold, we use actaul costs and quantity of direct labor and direct materials. Therefore, the only estimated cost is overhead.

Gross profit= 220,000 - 90,000 + 1,500= 131,500

4 0
3 years ago
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