The devil's advocacy decision-making technique is where an individual in the group is allowed to become the critic in the proposed decision
Explanation:
This decision technique helps prevent groupthink and increases the chance of a high-quality decision. It also helps prevent companies from making expensive, risky decisions.
<h2>
The money a student spends on rent for his apartment while attending school is not an example of the opportunity cost of going to school.</h2>
Explanation: Opportunity cost is defined as the loss of potential profit from other option when one option is chosen. For each choice we make, potential gain is lost by choosing that alternative.
We invest in university expenses as we believe, it will pay off someday in the future. The people who graduate with a degree gets higher salary and get long term career than a student without a degree.
The nap a student could have enjoyed without attending class is not an example of the opportunity cost as investment in colleges offer much more return.
Cultural capital concerns certain types of skills that are developed by children, these skills are passed from parents to children, usually parents of the social middle class. Reading skills, watching documentaries, playing classical instruments. These children have better academic development than others.
People with cultural capital skills always get people's attention, stand out, unlike those who don't, who aren't seen as capable by society.
Health care benefits are optional for most employers, there are pros and cons with the employer to consider offering health care to their employees. if we are to talk to the advantages, health care is a crown jewel. In order to remain competitive with the other businesses competitions it is an advantage to them, they can also take advantage of a less expensive health insurance than they could get on their own tax breaks for the contributions made by the business.
