Which of the Following Would Be Categorised as an Opportunity

question 115

Multiple Choice

Which of the following would be categorised as an opportunity cost? (i) wages of workers
(ii) raw material costs
(iii) forgone investment opportunities

• A) (i) and (iii)
• B) (iii) only
• C) (ii) and (iii)
• D) (i), (ii) and (iii)

Grasp the significance of establishing primary goals in the planning step of the planned-change process.

Understand the ethics and processes involved in ending the worker-client relationship.

Describe the three major features of the Generalist Intervention Model (GIM).

Compare systems theory to the ecological perspective in social work.

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Definitions:

Correlation

A statistical measure that describes the extent to which two variables move in relation to each other, ranging from -1 (perfect negative correlation) to +1 (perfect positive correlation).

Portfolio Weight

The proportion of the total value of an investment portfolio that is attributed to each individual investment.

Total Value

The summation of all assets or investments owned by an individual or entity, reflecting overall worth.

Risk-Free Portfolio

An investment portfolio consisting of assets that have no risk of financial loss, typically associated with government bonds.