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ss7ja [257]
3 years ago
6

Suppose that policymakers are doing cost-benefit analysis on a proposal to add traffic barriers to divide the flow of traffic in

an effort to increase safety on a given highway. Which of the following statements is correct?
A. Because human life is priceless, any measure to increase traffic safety would generate benefits that outweigh the costs.
B. Estimating the value of a human life is difficult but necessary in order to evaluate the proposal.
C. The benefits are usually easier to measure than the costs.
D. Both a and b are correct.
Business
1 answer:
Hatshy [7]3 years ago
5 0

Answer:

B. Estimating the value of a human life is difficult but necessary in order to evaluate the proposal.

Explanation:

Cost benefit analysis is a method used to guage the cost involved in an undertaking or process compared to the benefit.

If the coat is higher than the benefit the activity is discarded.

However if the benefit is greater than the cost it is a good activity to adopt.

In this scenario there is a proposal to add traffic barriers to divide the flow of traffic in an effort to increase safety on a given highway.

We will weigh the cost of setting up traffick barriers and the estimated value of human life.

If cost is more than the value of human life then the project is abandoned. But if value of human life is higher than the cost the project can proceed.

Although it is hard to estimate value of human life, we need to make an estimate in order to use the cost benefit analysis

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Mill Company began operations on January 1, 20X1, and recognized income from construction-type contracts under different methods
Vinvika [58]

Answer:

Deferred tax asset balance on  December 31, 20X3 =   $115,500

Explanation:

The computation of the amount of deferred income taxes should Mill report is shown below:

<u>Year   Tax purpose   Book purpose   Difference   Deferred tax book </u>

20X1     $400,000          $0                $400,000        $84,000

20X2    $625,000     $375,000         $250,000        $52,500

20X3     $750,000     $850,000        ($100,000)        ($21,000)

Deferred tax asset balance on  December 31, 20X3 =   $115,500

5 0
2 years ago
what is the true difference between consultative leadership and participative leadership in decisiion making?
Anastasy [175]

The difference between consultative leadership and participative leadership in decision making is that in consultative leadership employees do not have decision-making power they can only share their opinions but in participative leadership, everyone works together for decision making.

A leader who shares decision-making with organization participants. 3 subtypes of participative leaders consist of consultative, consensus, and democratic. Consultative leaders confer with subordinates earlier than you make a decision; but, they maintain the authority to make very last selections.

Consultative leadership fashion is set growing the capacity to persuade people in place of enforcing their authority on them, enticing the subordinates or employees efficiently in the decision making. Such leaders ask humans for their minds & permit them to technique the problem and locate a nice feasible solution. The consultative chief uses the talents, thoughts, and enjoyment of others, however, the final choice is made by using a leader. Such a leader has interacted with his time or more important tasks, gives proper popularity, and evaluates all the alternatives before making the very last choice.

The participative leader entails himself because a member of the group & makes choices alongside the group. Such a leader seeks consensus and all and sundry have to take possession within the final decision. In a participative management fashion team participants and leaders, thoughts are taken into consideration as identical, and the body's input is considered. right here leader is a facilitator, educates, and frequently embraces crew thoughts over their very own, creating a tradition of innovation and focusing on promoting creativity.

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5 0
1 year ago
Supply chain analytics programs have many objectives that, if realized, would
natali 33 [55]

Answer:

Explanation:

A. mean higher prices for customers but will lead to greater customer satisfaction

B. mean higher prices for customers and thus lower customer satisfaction

C. offer lower prices for customers but lead to lower customer satisfaction

D. offer lower prices for customers and lead to greater customer satisfaction

8 0
2 years ago
Viable strategic options companies should consider in tailoring their strategy to fit circumstances of emerging country markets
Pavel [41]

Viable strategic options companies should consider in tailoring their strategy to fit circumstances of emerging country markets include all of the following, EXCEPT <em>staying away from those emerging markets where it is impractical to modify the company's business model to  accommodate local circumstances.</em>

Explanation:

<em>Staying away from those emerging markets where it is impractical to modify the the company's business model to accommodate local circumstances</em> is not the best because in the long run the institution will be forced to conform with their business model which could change their mission and activities entirely. Therefore it should work on how it can please the market in a way so it can feed it at least.

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