The City of Columbus should not consider the purchase price of its old vehicle when making the decision to replace it with a more cost effective new vehicle.
Answer the following statement true (T) or false (F)
True
This old vehicle is a sunk cost and irrelevant to the decision.
You might also like to view...
Which of the following is NOT an example of external marketing?
A) using information from checkout scanner data to make marketing decisions B) holding company values training sessions for employees C) lobbying local and state governments for beneficial regulations D) purchasing advertising in multiple media forms E) distributing press releases about brands and company practices to media outlets
Which of the following represents the material equity approach to capital leases?
a. Limit capital leases to leases that are virtually conditional sales agreements with installment payments. b. Capitalize leases where a purchase equivalent has occurred. c. The lease treatment is the same for lessor and lessee. d. Capitalize leases that are not true leases.
Discuss six approaches that are used by companies now to stimulate innovation
What will be an ideal response?
Stage 1 ? the forces for change, in the framework for managing change in an organization is discussed in terms of ____.
a. Internal and external factors b. Diagnosis c. The unfreezing phase d. Selection of a change intervention strategy