When Analyzing Options in the Decision-Making Process,managers Must Consider the Appropriateness

question 39

Multiple Choice

When analyzing options in the decision-making process,managers must consider the appropriateness and _______ of each option.

• A)utility
• B)practicality
• C)creativity
• D)feasibility
• E)relevance

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Definitions:

Capital

Financial assets or the financial value of assets, such as cash and goods, used by a business to produce goods or services and create wealth.

Future Benefits

Expected advantages or gains in the future, often considered in decision-making processes or investment analysis.

Retained Earnings

Profits that a company keeps after dividends have been paid out to shareholders, used for reinvestment in the business or to pay down debt.

Capital

Resources made and used by people to produce and distribute goods and services; includes tools, machinery, and buildings.