The Most Significant Flaw in the Classical Viewpoint Is That

question 110

Multiple Choice

The most significant flaw in the classical viewpoint is that it

• A)overemphasizes mathematical techniques.
• B)is impractical in the workplace.
• C)does not address productivity.
• D)discounts the importance of human needs.
• E)does not account for irrational behavior.

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Definitions:

Required Period

The time frame necessary to complete a particular task or to achieve a specific objective.

Accept Decision

In decision-making, particularly in capital budgeting, it's the choice to proceed with a project or investment based on the analysis that it meets specified criteria for profitability or strategic value.

NPV Method

A method of evaluating investments by calculating the Net Present Value of the project's cash inflows and outflows discounted at the investment's cost of capital.

Discount Rate

The rate utilized in the process of calculating the present value of a financial instrument's future cash flows by discounting them.