Extra Funds Should Be Channeled to the ____,Which Is a Product

question 84

Multiple Choice

Extra funds should be channeled to the ____,which is a product with a high share of a fast-growing market.

• A) star
• B) cash cow
• C) rising star
• D) defender
• E) question mark

Differentiate between sunk costs and relevant costs for decision-making.

Recognize the role of opportunity costs in calculating economic profits.

Understand fixed-cost fallacy and its implications.

Evaluate decisions based on opportunity costs, ignoring sunk costs.

---

Definitions:

Line Managers

Managers who have direct responsibility over a specific department or team within an organization and oversee day-to-day operations.

Recruiting Stages

The sequential steps or phases in the process of identifying, attracting, interviewing, selecting, and hiring candidates for employment.

Directly Involved

Being actively engaged or having a direct role in a particular process, activity, or event, often implying a significant level of participation or responsibility.

Recruitment Objective

A specific goal or target that an organization aims to achieve through its hiring processes, usually to fill vacancies with qualified individuals.