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Each student in Mr. Cassidy's class can earn small toys. Each time they engage in good behavior Mr. Cassidy gives them stars on a chart that can be saved up until enough are earned to trade in for the toys. Mr. Cassidy is using which of the following systems?
Opportunity Cost
The potential benefit that may be obtained from following an alternative course of action.
Nonfinancial Information
Information that is not monetary in nature, such as customer satisfaction, employee turnover, and operational efficiency, used in decision making.
Unprofitable Segment
A division or branch of a company that does not generate profit and may cause a financial drain on the business.
Hurdle Rate
The minimum rate of return on an investment that is required by a manager or investor to proceed with the investment.
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