Not All EC Investments Need to Be Formally Justified

question 56

Multiple Choice

Not all EC investments need to be formally justified.Each of the following is a case where formal evaluation may not be needed except

• A) when the value of the investment is relatively small for the organization.
• B) when competitors have made that type of investment.
• C) when the relevant data are not available, are inaccurate, or are too volatile.
• D) when the EC project is mandated and must be done regardless of the costs and benefits.

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Definitions:

Within-Group Membership

The sense of belonging or identification with a subgroup within a broader group or category.

Culturally Appropriate

Ensuring that behaviors, practices, or interventions are respectful of and relevant to the cultural backgrounds of the people involved.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Rapport

A harmonious relationship in which people or groups concerned understand each other's feelings or ideas and communicate well.