What Type of Estimate Is a Cost Estimation Tool Used

question 23

Multiple Choice

 What type of estimate is a cost estimation tool used to allocate money into an organization's budget? 

• A) budgetary
• B) definitive
• C) rough order of magnitude
• D) ballpark

Comprehend the concept and importance of strategic choice in developing competitive advantage.

Know the characteristics of mechanistic and organic organizations and their implications for organizational design.

Understand organizational fundamentals including division of labor, hierarchy of authority, and decision-making structures.

Analyze the role of environmental factors and technological interdependence in choosing organization design.

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Definitions:

Acetylcholine

A neurotransmitter involved in muscle contraction, arousal, and memory, playing a key role in transmitting nerve impulses at synapses and neuromuscular junctions.

Neurotransmitter

Chemical messengers that transmit signals across a chemical synapse, from one neuron (nerve cell) to another target neuron, muscle cell, or gland cell.

Acetylcholine

A neurotransmitter involved in many functions including muscle stimulation, heart rate, memory, and learning.