You are thinking about attending a business conference. But spending three days on the trip will mean falling behind on your current project. By considering the value of lost time, you are applying the concept of ________
a. SWOT analysis
b. diversification
c. opportunity cost
d. merger
c
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Which of the following is an example of the benchmarking function of the budgeting process?
A) A budget demands integrated input from different business units and functions. B) Budgeting requires close cooperation between accountants and operational personnel. C) Budget numbers are used to evaluate the performance of managers. D) The budget outlines a specific course of action for the coming period.
In a union organizing campaign and election, the appropriate bargaining unit is defined by:
A. The Union. B. Management. C. The NLRB. D. The Department of Labor.
Compute the overall score for each decision alternative (car). Which choice does the decision maker prefer?
Assume that a decision maker has to make a choice between three types of cars. Chevy, Honda, and Ford. Based on three criteria: comfort, MPG, and style. The row averages for criteria is summarized in the following column vector: Image The first row of the following matrix represents Chevy, the second row represents Honda, and the third row represents Ford. The preference matrix for the three types of cars is given as follows: Image A) Chevy B) Honda C) Ford D) Honda and Chevy are equally preferred.
Which of the following is true regarding identification of the goods under Article 2?
a. Only the buyer can identify the goods. b. Identification of existing goods gives the buyer a special property right. c. Identification of fungible goods occurs when the seller separates the contracted units from the whole. d. All of these are correct.