Managers Should Generally Consider Opportunity Costs in Both "Keep or Drop

question 77

Multiple Choice

Managers should generally consider opportunity costs in both "keep or drop" and "make or buy" decisions. Which of the following is an opportunity cost they should consider in both situations?

• A) Avoidable fixed costs
• B) Benefits from alternate uses of released capacity
• C) Depreciation on new machinery
• D) Market share

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Definitions:

Symbolic Interactionism

A viewpoint in sociology that highlights the importance of symbols and language as fundamental components of all human interactions.

Educational Outcomes

Refers to the measurable performance indicators that reflect the extent to which educational objectives have been achieved by students.

Expectations

Refers to the beliefs or forecasts about future events or behaviors, which can shape social interactions and personal goals.

Educational Attainment

The highest level of education an individual has completed, which can influence their career opportunities, income, and social status.