Answer:
The sandwich approach
Explanation:
The sandwich approach -
It is referred to as an unilaterally controlling strategy .
In this type of strategy , the feedback is given in the form of a sandwich , where the positive feedback is wrapped inside the negative feedback , is referred to as the sandwich approach .
i.e. ,
The person starts with negative points and then add new positive points and finally ends with the negative points .
Hence , from the given scenario of the question ,
The correct answer is the sandwich approach .
It should be noted that cost-benefit analysis is the way to compare the costs and benefits of a project expressed in monetary units.
<h3>
What Is a Cost-Benefit Analysis?</h3>
A cost-benefit analysis is the systematic process which businesses use on order to analyze which decisions to make and the ones that will be forgo. The cost-benefit analyst simply sums the potential rewards that are expected from a situation and then subtracts the total costs that are associated with taking that action.
The major steps in a cost-benefit analysis
- Specify the set of options.
- Decide whose costs and benefits count.
- Identify the impacts and select measurement indicators.
- Predict the impacts over the life of the proposed regulation.
- Monetize and place dollar values on impacts.
Before the class goes on a field trip to Walt Disney World in Orlando, it's important to conduct a cost-benefit analysis that will be used to evaluate all the potential costs and the revenues which the class might generate from the project.
Then, the outcome that is gotten from the analysis will determine whether the project will be financially feasible or whether the company can pursue another project.
Learn more about cost-benefit analysis on:
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Answer:
a. Product X = 3.50 years
Product Y = 3.25 years
b. Product Y
Explanation:
The cash flows for the two products as well as the balance at the end of each year is given as follows:
For both products, the payback period is reached between the third and fourth year.
Product X:
Product Y:
Under the payback method, the alternative that presents the shortest payback period should be selected. Therefore, Product Y should be selected.
Answer:
B. Controllable costs
Explanation:
There are some costs that are expended by a company during the cost of carrying out their business operations. These costs such as labor costs and marketing budgets are incurred because the company has full authority over them. They are costs that can be altered in short term based on a business decision.
In other words, controllable costs are those costs or expenses that can be influenced by those who are saddled with the responsibilities of incurring them.
