Why are decisions based on expected costs and benefits. The most reliable factor to determine how much should be spent is to figure out what the expected cost will be and if that results in a sufficient profit.
Operations Benefit Cost Analysis Desk Reference Chapter 2 Overview Of B C Analysis For Operations
People want to make decisions that will benefit them.
. Generally man wants to engage in feasible business or investment that will bring profits or benefits. If the benefits are higher than the costs he will usually be ready to engage in. Costs are higher than the benefits they will not make the decision to do something.
In one or two sentences describe why decisions are based on expected costs and benefits. The measure of the favorableness of a result is based on the costs and the benefits. In one or two sentences describe why decisions are based on expected costs and benefits.
Correct answer to the question In one or two sentences describe why decisions are based on expected costs and benefits. Because of this before going into business or buying a product it usually weighs up the costs and benefits. THIS IS THE BEST ANSWER Long version.
When individuals or companies decide how much to spend or produce they must do it ahead of time. Why decisions are based on expected costs and benefits. Because of this before engaging in the business or purchasing of a product he usually weights the costs and the benefits that will be derived.
In other words decisions are based on expected costs and benefits because the decision-maker wants to know if taking a certain decision is worth it. In one or two sentences describe why decisions are based on expected costs and benefits. Describe why decisions are based on expected costs and benefits Other questions on the subject.
Generally a man wants to go into a viable business or investment that will bring profits or benefits. For example if a company wants to expand their business nationwide they must evaluate whether that. Because of this before engaging in the business or purchasing of a product he usually weights the costs and the benefits that will be derived.
Decisions are based on expected costs and benefits because decisions lead to results and the results must be favorable. Business decisions are based on this to maximize profit thus increasing the success of the business. If the benefits are higher than the costs he will usually be ready to engage in the business or buy the product but if the reverse is.
Decisions are based on expected costs and benefits because decisions lead to results and the results must be favorable. Describe why decisions are based on expected costs and benefits. The measure of the favorableness of a result is based on the costs and the benefits.
Cost Benefit Analysis Definition Steps How To Do
Cost Benefit Analysis Example And Steps Cba Example Projectcubicle
2 11e Lending Money Financial Literacy Teks Aligned Task Cards Kraus Math Financial Literacy Math Teks 2nd Grade Math
What Is Cost Benefit Analysis Definition Examples Faqs
0 Comments