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Ben interviewed two applicants.In the interviews,he tried to determine each applicant's level of energy and level of self-esteem.Ben was applying the _____ approach to leadership.
Opportunity Cost
Opportunity cost represents the value of the best alternative that is foregone when a particular decision is made, indicating the cost of missed opportunities.
Alternatives
Different choices or options available to a decision-maker in a decision-making process.
Potential Benefit
The anticipated advantage or value that might be gained from a particular action or investment, not assured but possible.
Direct Cost
Expenses that can be directly traced to the production of specific goods or services, such as raw materials and direct labor.
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