Qualitative Factors Can Be Difficult to Identify Because

question 78

Multiple Choice

Qualitative factors can be difficult to identify because

• A) They are not usually relevant in management decisions
• B) They are usually unimportant
• C) No set formula assures managers they have considered the important issues
• D) They are typically the same as sunk costs

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Definitions:

Time Bound

Restricted or limited by a predetermined timeframe for completion.

Measurable

Pertains to something that can be quantitatively assessed or evaluated.

Ethical Decision

A choice made based on moral principles and values, often considering the impact on all stakeholders involved.

Ethical Test

A set of criteria applied to determine whether an action or decision is morally right, examining factors like fairness, harm, and integrity.