Which of the Following Most Accurately Describes the Term Cost/benefit

question 120

Multiple Choice

Which of the following most accurately describes the term cost/benefit analysis?

• A) Considering whether employees should be entitled to certain fringe benefits
• B) Calculating the cost of holding fundraising benefits for charity
• C) Considering whether the cost of products exceeds the market selling price
• D) Considering whether the cost of calculating certain types of information provides a commensurate economic benefit

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Definitions:

Anthropocentric Approach

A viewpoint that considers human beings as the central or most significant species on the planet in terms of influencing and understanding the environment.

German Industrial Engineers

Professionals in Germany who specialize in optimizing complex systems or processes to improve efficiency and productivity.

Job Design

The process of organizing tasks, duties, and responsibilities into a productive unit of work.

Technocentric Approach

A philosophy that centers on technology and its ability to control and protect the environment.