Why Are Qualitative Factors Often Difficult to Identify

question 14

Multiple Choice

Why are qualitative factors often difficult to identify?

• A) They are unimportant in decision making
• B) No set formula provides assurance that managers have considered the correct issues
• C) They are only important when a company operates internationally
• D) Qualitative factors are not difficult to identify

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Definitions:

Written Constitution

A formally documented constitution that outlines the system of government and fundamental laws of a nation or state.

Magna Carta

The Magna Carta, signed in 1215, is a cornerstone document of English liberties that limited the powers of the monarch and laid the foundation for modern constitutional monarchy and principles of individual rights.

Articles of Confederation

The first constitution of the United States, ratified in 1781, which established a confederation of sovereign states with a weak central government.

Boston Tea Party

A political protest that took place in 1773 in Boston, where American colonists, frustrated with British tax laws, dumped an entire shipment of tea sent by the East India Company into the harbor.