_______ Are Simple,efficient,rules of Thumb That Allow Us to Make

question 68

Multiple Choice

_______ are simple,efficient,rules of thumb that allow us to make decisions more easily.

• A)Heuristics
• B)Extinction effects
• C)Self-fulfilling prophecies
• D)Climates of transfer
• E)Attributions

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Definitions:

Marginal Subcontracting Cost

The extra expense associated with outsourcing an additional unit of production or service.

Layoff Cost

The financial impact associated with the termination of employees traditionally as a result of downsizing, restructuring, or automation.

Hiring And Training Cost

Expenses incurred in recruiting, hiring, and training new employees.

Regular Time Cost

This refers to the expenses associated with normal operations and working hours, excluding any overtime or special circumstances costs.