Performing Cost/benefit Analysis Involves

question 17

Multiple Choice

Performing cost/benefit analysis involves:

• A) quantifying the costs and benefits associated with a given activity and deeming the activity worthwhile only if the costs exceed the benefits.
• B) quantifying the costs and benefits associated with a given activity and deeming the activity worthwhile only if the benefits exceed the costs.
• C) only those activities that provide an explicit monetary loss and gain.
• D) only those activities that provide an implicit monetary loss and gain.

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Definitions:

Defence Mechanism

A psychological strategy unconsciously used by individuals to protect themselves from anxiety or to cope with reality.

Fantasy

An imaginative or fanciful work, especially one that is very far removed from reality.

Overcompensation

An excessive response or behavior in an attempt to correct a perceived weakness or fault.

General Adaptation Syndrome

A three-stage response model describing the physiological changes the body goes through under stress: alarm, resistance, and exhaustion.