When analyzing a decision making grid, what two figures are weighed against the other to determine the best possible decision?

1) prices and wages
2) costs and benefits
3) DVD’s and books

Answers

Answer 1

Answer:

2 would be the best.

Explanation:

They have a relationship between eachother that affects both of the dividends equally.

Answer 2

At the time of analyzing the decision-making grid, one must focus on the costs and benefits and also weigh them against each other to determine the best possible decision. Hence, Option B is correct.

What is a decision-making grid?

At the time of making a decision, there are certain tools that are used by the decision maker, and all the aspects are placed on a grid. With the help of evaluating the grid, it is easy to take a decision and that grid is named the decision-making grid or DMG. This grid is a tool that helps the students in making the final decisions.

One can compare the cost as well as the benefit that will get after opting for the choice that is available on the grid. The best choice can be made by focusing on the least cost. For creating a grid, there are basically seven steps, with which it is easy to make a decision-making grid.

Thus, Option B is correct.'

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Related Questions

What other meteorological phenomena can generate the rain storm?

Answers

Answer:

Severe weather phenomena are weather conditions that are hazardous to human life and property. Part of a series on.

list down the there forms of linkage between globalization and regional integration?​

Answers

The linkage between globalization and regional integration is that there is a ​movement towards the integration of the economy in more than one country.

Regionalization, occurs when the countries in a particular region integrate their economy. An example is the European Union.

On the other hand, globalization, is the interaction and the integration that can be found among different countries worldwide. Globalization, brings about higher trade flows, and greater interaction among all countries.

In conclusion, globalization, involves more than one region.

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