True Cost-Benefit Analysis as a Social Theory

question 10

Multiple Choice

True cost-benefit analysis as a social theory:

• A) only measures monetary gains and losses in making business decisions.
• B) compares direct and indirect costs and benefits of program alternatives for meeting a specific goal.
• C) is another theory that judges persons' actions by what those persons believe is right for themselves.
• D) emphasizes justice and a central moral authority.

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Definitions:

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, involving the balance among the interests of a company's stakeholders.

Strategic Management

The procedure of developing, executing, and assessing decisions across different functions to help an organization meet its goals.

Oversight and Accountability

Involves the processes and structures in place to monitor actions, ensure responsibilities are met, and hold individuals or organizations responsible for their actions and outcomes.

Corporate Governance

The framework of rules, practices, and processes by which a company is directed and controlled, focusing on the interests of its stakeholders.