In Deciding Whether an Organization Will Keep an Old Machine

question 80

Multiple Choice

In deciding whether an organization will keep an old machine or purchase a new machine,a manager would ignore the

• A)estimated disposal value of the old machine.
• B)acquisition cost of the old machine.
• C)operating costs of the new machine.
• D)estimated disposal value of the new machine.

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Definitions:

Behaviorist

A proponent of the psychological approach focusing on observable behaviors and the ways in which they're learned, rather than on cognitive or emotional processes.

Piagetian

Piagetian relates to the theories of cognitive development proposed by Swiss psychologist Jean Piaget, focusing on how children develop intellectual abilities.

Psychometric

Relates to the science of measuring mental capacities and processes.

Information-processing Abilities

Refers to the cognitive capacities to perceive, analyze, and manipulate information efficiently and effectively.