Specific Tools,such as Cost Benefit Analysis and Risk Assessment,are Firmly

question 42

Multiple Choice

Specific tools,such as cost benefit analysis and risk assessment,are firmly rooted in ______.

• A)Kantian ethics
• B)utilitarian approaches
• C)the Sullivan principles
• D)the Friedman doctrine

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Definitions:

Planning Benefits

The positive outcomes, such as increased efficiency, risk mitigation, and goal achievement, that result from effective organizational or project planning.

Organizations

Entities comprised of individuals working together towards common objectives or goals, structured in a systematic manner.

Management By Objectives

A management model that involves setting specific objectives that are mutually agreed upon by employees and management.

Productivity

Refers to the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.