Podcast
Questions and Answers
Which option represents the opportunity cost involved in allocating the budget to the sales manager?
Which option represents the opportunity cost involved in allocating the budget to the sales manager?
- 20% increase in sales
- 10% increase in customer satisfaction
- 15% decrease in customer satisfaction (correct)
- 10% increase in sales
What did the Finance head suggest to do with the budget?
What did the Finance head suggest to do with the budget?
- Increase customer satisfaction by 10%
- Decrease customer satisfaction by 15%
- Increase sales by 10% (correct)
- Increase sales by 20%
What is the monthly budget amount available for allocation?
What is the monthly budget amount available for allocation?
- $100,000
- $1,000,000
- $500,000 (correct)
- $10,000,000
Which department was suggested by the Finance head to allocate the budget to?
Which department was suggested by the Finance head to allocate the budget to?
What is the monthly budget amount that you can allocate?
What is the monthly budget amount that you can allocate?
What is the opportunity cost involved in this case?
What is the opportunity cost involved in this case?