The Tingey Company Has 500 Obsolete Microcomputers That Are Carried

question 8

Multiple Choice

The Tingey Company has 500 obsolete microcomputers that are carried in inventory at a total cost of £720,000. If these microcomputers are upgraded at a total cost of £100,000, they can be sold for a total of £160,000. As an alternative, the microcomputers can be sold in their present condition for £50,000.
-The sunk cost in this situation is

• A)£720,000.
• B)£160,000.
• C)£ 50,000.
• D)£100,000.

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Definitions:

Follower

An individual who supports and is guided by another person or entity, often within a leadership context.

Leader Effectiveness

Leader effectiveness is the measure of a leader's ability to achieve desired results, fulfill organizational goals, and successfully manage and motivate their team or followers.

Quality

The degree to which a product, service, or process meets specified standards or fulfills customer expectations.

Group Processes

Refers to the dynamics and interactions among members within a team or organization as they work together towards common goals.