Briana, a Manager, Is Attempting to Determine Whether She Has

question 65

Multiple Choice

Briana, a manager, is attempting to determine whether she has both the capability and the resources to produce one of several possible new products. In the context of decision making, on which of the following criteria of alternative courses of action is Briana focusing?

• A)practicality
• B)ethicalness
• C)legality
• D)economic feasibility

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Definitions:

Cash Price

The price of an item for immediate payment, as opposed to a higher price when paying on credit.

Productivity

A measure of efficiency, typically defined as the output of goods or services produced per unit of input, such as labor or capital.

Salvage Value

The forecasted remaining worth of an asset after its period of functionality has ended.

Replacement Parts

Components that are designed to replace original parts of a machine or system that have worn out or failed.