Most people view is worth bearing. due to technological change as a necessary cost that Select the two correct answers below. Select all that apply: innovations disruptions
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- Which of the following R&D costs can be capitalized by an SME? Group of answer choices Conceptual formulation and design of possible product or process alternatives None of the choices Design, construction, and testing of preproduction prototypes and models Laboratory research aimed at discovering or obtaining new knowledgeWhich of the following best describes an "opportunity cost"? Group of answer choices costs that were incurred in the past and cannot be changed The distribution of all products to be sold Expected future costs that differs among alternatives Benefits foregone by not choosing an alternative course of actionA sunk cost can be described as which of the following? A historical cost Cannot be changed regardless of future actions taken All of the items on the list describe a sunk cost. Always irrelevant
- Which type of incurred costs are not relevant in decision-making (i.e., they have no bearing on future events) and should be excluded in decision-making? A. avoidable costs B. unavoidable costs C. sunk costs D. differential costsQ45 Under which of the following cost approach limitations the economic value of human resources increases over time as the people gain experience but the capital cost diminishes through amortization process and hence becomes difficult to reconcile it. a. Standard cost b. Replacement cost c. Opportunity cost d. Historical costWhich type of incurred costs are not relevant in decision-making (i.e., they have no bearing on future events) and should be excluded in decision-making? Group of answer choices A. avoidable costs B. unavoidable costs C. sunk costs D. differential costs
- A cost that cannot be changed because it arises from a past decision and is irrelevant to future decisions is a. An uncontrollable cost. d. An opportunity cost. b. An out-of-pocket cost. e. An incremental cost. c. A sunk cost.In the domain of losses, do decision makers feel better when they integrate or segregate the losses? In other words, is v(-25)+v(-50) more or less than v(-75)? ExplainWhich of the following is not an advantageous reason to reduce inventories? a. Inventories provide a competitive advantage. b. Inventories can invite overproduction. c. Inventories are expensive to maintain. d. Inventories may conceal problems. e. All of these are good reasons to reduce inventories.
- Which of the following best describes an "opportunity cost"? Expected future costs that differ among alternatives None of the items in this list of answers. Costs that were incurred in the past and cannot be changed The distribution of all products to be soldOpportunity costs refer to – Group of answer choices The costs that happened in the past The benefit forgone when one alternative is selected over another The costs that do not differ among the decision alternatives The costs that can be avoided by selecting a particular course of action.i.“Differential Costs” are considered as relevant, where as “sunk Cost ” is considered asirrelevant for decision making purposes. Explain ii. Why opportunity cost is measured and relate with the evaluation of alternative, can it bean opportunity loss? iii. Which one either spoiled goods or defective goods are less economical for the companyand why?