For Decision Making,a Listing of the Relevant Costs ________

question 157

Multiple Choice

For decision making,a listing of the relevant costs ________.

• A) will help the decision maker concentrate on the pertinent data
• B) will only include historical costs
• C) will only include costs that that are same among alternatives
• D) will include both sunk costs and opportunity costs

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Definitions:

Extrinsic Rewards

Benefits or incentives given to an individual from an external source as recognition for performance or achievement, such as money or prizes.

Creative Behaviour

The process of generating innovative ideas and solutions that are novel and useful.

Autonomy

The capacity to make decisions independently, free from external control or influence.

Gatekeepers

People who span organizational boundaries to import new information, translate it for local use, and disseminate it.