Making Design Decisions Is an Example of Managing Costs

question 56

Multiple Choice

Making design decisions is an example of managing costs:

• A) during planning phase; before they are incurred but are "locked in"
• B) during the production phase; when they are incurred
• C) after the production phase; after they are locked in
• D) after they are committed to during the budgeting phase

---

Definitions:

Formal Authority

The power given to an individual or group by a recognized entity, typically within an organizational context, to make decisions and direct others.

Rewards

Benefits or compensations provided to individuals or groups in recognition of their performance, efforts, or achievements.

Punishments

Consequences intended to reduce the likelihood of a behavior occurring again, usually seen as unpleasant or undesirable by the recipient.

Expertise

Specialized knowledge or skill in a particular area, acquired through training, study, or experience.