Suppose That You Are Asked to Evaluate a Project of Building

question 17

Multiple Choice

Suppose that you are asked to evaluate a project of building a new bridge. Which of the following factors is the least important in terms of engineering economics?

• A)service life of the bridge
• B)value added by the bridge
• C)cost structure
• D)vehicle stock in your city
• E)current interest rate

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Definitions:

Branding

The process of creating a unique image, identity, and reputation for a product, service, or organization in the consumer's mind through marketing, logos, design, and consistent themes.

Administration

The process of organizing and managing tasks, operations, or duties within an organization to achieve set objectives effectively.

Sales

The activity or business of selling products or services to customers.

Virtual Teams

Groups of individuals from different locations work together through e-mail, video conferencing, instant messaging, and other electronic media.