Which of the Following Statements Is an Example of a Business

question 73

Multiple Choice

Which of the following statements is an example of a business case argument based on fear?

• A) If we do not implement this system, our competitors could gain a significant advantage over us.
• B) This system has the potential to reduce required effort by 40 percent.
• C) Using this system will help our employees serve customers more efficiently.
• D) The system can help us meet both individual as well as organizational goals.
• E) The new system is user-friendly and can be implemented almost immediately.

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Definitions:

Costs of Delay

The negative consequences, such as financial losses or missed opportunities, resulting from postponing a decision or action.

Negotiation

The process by which two or more parties aim to reach an agreement on matters of mutual interest while attempting to maximize their own outcomes.

Hardball Tactics

Aggressive or uncompromising strategies employed in negotiations or conflicts.

Risks

Potential for loss, harm, or other adverse effects resulting from internal or external vulnerabilities, and the possibility that the outcome may differ from expectations.