Flush Away, Inc

question 144

Multiple Choice

Flush Away, Inc. is particularly concerned about pending legislation in Congress that would further regulate their organization. This legislation would be classified as

• A) an external opportunity.
• B) an internal strength.
• C) an external threat.
• D) an external weakness.
• E) a congressional chaos.

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Definitions:

Sunk Costs

Expenses that have already been incurred and cannot be recovered or changed, and therefore should not influence future decisions.

Sunk Costs

Expenses that have already been incurred and cannot be recovered.

Opportunity Costs

The cost of opting for one choice over another, representing the benefits missed out on when choosing one alternative over another.

Taxes

Compulsory financial charges or levies imposed by a government on individuals, corporations, and transactions to fund public expenditures.