For a Project Selected Using Nonnumeric Models,identify the True Statement

question 31

Multiple Choice

For a project selected using nonnumeric models,identify the true statement regarding relative priorities for project selection.

• A)Operating necessity projects have priority over competitive necessity projects.
• B)Competitive necessity projects have priority over operating necessity projects.
• C)Operating necessity and competitive necessity projects have equal priority.
• D)Product line extension projects have priority over operating necessity projects.

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Definitions:

Ordinary Course

Activities that are considered part of the normal, day-to-day operations of a business.

Assumes Liabilities

The act of taking on the legal debts or obligations of another party, often in the context of business transactions.

Fundamental Change

A significant alteration in the operation, structure, or nature of a business or organization that fundamentally changes its course or identity.

Unanimous Vote

A voting result where all participants cast the same vote, indicating total agreement.