In conducting a B/C analysis, (a) why is it usually necessary to take a specific viewpoint in categorizing cost, benefit, disbenefit estimates; and (b) what are two specific viewpoints that you can identify if the situation is a financial transaction between you and another person? Between your company and an international customer?
What will be an ideal response?
(a) It is best to take a specific viewpoint in determining costs, benefits and disbenefits because, in the broadest sense, benefits and disbenefits will usually exactly off-set each other.
(b) It depends upon the situation. If it is a personal situation, viewpoints are mine and the other person’s. If it is a corporate situation, it may be from my company’s and the customer’s perspective.
You might also like to view...
Different types of lines used to represent various parts of the object being illustrated are collectively known as the ____.
A. project routing information B. alphabet of lines C. specifications roster D. bill of materials
When was the term “agribusiness” introduced?
a. In the Middle Ages b. In the later 1800s, after the Civil War c. During the Great Depression (1930s) d. In the 1950s, just after the Korean War e. In the late 1980s, after personal computers became common
Phytoremediation is a system by which growing plants are used to decontaminate polluted soils
Indicate whether the statement is true or false
Calculate the heat transfer rate from a 1000 ft^2, 6-in-thick concrete wall with inside and outside surface temperatures of 20 ºC and 0 ºC.
What will be an ideal response?