Suppose That Policymakers Are Doing Cost-Benefit Analysis on a Proposal

question 166

Multiple Choice

Suppose that policymakers are doing cost-benefit analysis on a proposal to add traffic barriers to divide the flow of traffic in an effort to increase safety on a given highway.Which of the following statements is correct?

• A) The benefits are usually easier to measure than the costs.
• B) Because human life is priceless, any measure to increase traffic safety would generate benefits that outweigh the costs.
• C) Estimating the value of a human life is difficult but necessary in order to evaluate the proposal.
• D) Both a and b are correct.

Recognize the structure of organizational communication and the flow of messages.

Identify the role and types of gestures in enhancing or obstructing communication.

Recognize the importance of timing (emotional and situational) in communication.

Understand the process and effects of filtering and information overload on communication.

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Definitions:

Increased Output

Refers to the enhancement in the quantity or quality of goods and services produced by an organization.

Physiological Needs

Basic human needs that are essential for survival, such as food, water, shelter, and sleep, as identified in Maslow's hierarchy of needs.

Relay Assembly

A method in manufacturing where components are assembled progressively as they pass along a sequence of workstations.

Participatory Supervision

is a management approach where supervisors collaborate with subordinates in decision-making processes and work management.