Which One of the Following Questions Represents the Concept of Opportunity

question 78

Multiple Choice

Which one of the following questions represents the concept of opportunity cost?

• A) What else could employees or volunteers have done if they weren't spending time contributing to the brand's social media activity?
• B) How fast should companies respond to crisis situations in social media?
• C) How risky is it for a company to allow the sharing of a brand message beyond the company's discretion?
• D) Should a company allow manipulation of their message beyond the company's discretion?
• E) Should a company allow negative tweets about them on their Twitter company account?

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Definitions:

Speculation

The process of forming theories or conjectures without firm evidence, often in the context of financial investments.

Empirical

Concentrates on, is related to, or can be substantiated through empirical observation or personal experience rather than through theoretical speculation or pure logical analysis.

Systematic Observation

The methodical and structured observation and recording of behavior or phenomena in natural or controlled conditions.

Psychotherapy

A therapeutic treatment approach primarily based on verbal communication, aimed at improving mental health.