One Method of Weighing Decision Criteria Uses ____, Which Is

question 82

Multiple Choice

One method of weighing decision criteria uses ____, which is a process where each decision is compared directly to every other criterion.

• A)absolute comparisons
• B)relative comparisons
• C)valences
• D)minimum threshold rule
• E)comparative ranking scales

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Definitions:

Contribution Margin

The portion of sales income available to cover fixed expenses and contribute to net profit, after covering all variable expenses.

Financial Advantage

The benefit gained in financial terms, which might include profitability, revenue growth, or value creation, compared to a baseline or competitors.

Fixed Manufacturing Expenses

These are the expenses that remain constant regardless of the amount of goods produced, including rent for factory buildings or lease payments for manufacturing equipment.

Fixed Selling

Expenses that remain constant regardless of the level of sales or production, such as salaries of sales managers and rental charges of retail spaces.