Estimated Future Costs That Differ Between Alternative Courses of Action

question 68

Multiple Choice

Estimated future costs that differ between alternative courses of action are termed as __________ costs in management decision analysis.

• A)sunk
• B)relevant
• C)absorption
• D)replacement

Explain the role of context, memory, and psychological states in perception.

Identify the mechanisms and causes of hearing and vision loss.

Understand the principles of light wave properties and their perception.

Explain the concept of sensory adaptation and its effects on perception.

---

Definitions:

Salary Increase

An enhancement or raise in one's pay or earnings, often as a result of job performance, promotions, or inflation adjustments.

Physical Fitness

The condition of being physically healthy and strong, especially as the result of exercise and proper nutrition.

Traditional Success Model

Pertains to conventional definitions of achievement and progress, often measured by wealth, career status, and tangible accomplishments.

Work-Related Needs

The requirements or desires that employees seek to fulfill through their employment, such as income, fulfillment, and professional development.