Solved

If Payoffs Are Costs Rather Than Profits, Then

Question 68

Multiple Choice

If payoffs are costs rather than profits, then


A) using any quantitative decision making tools is not possible at all.
B) it is necessary to find more financial data of the company to determine the profits.
C) the tools have to be adjusted so that a profit maximization method becomes a cost minimization method, for example.
D) none of the above.

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