If a company invests in new equipment to make its production process more efficient, which of the following will be considered 'opportunity costs'?

i)The cost of the new equipment.

ii)The anticipated additional revenue.

iii)The alternative improvements for which the capital might have been used.

iv)The interest that could have been earned on the capital.

Which one is typically qualitative measures?

A factory currently produces 1000 units at a unit cost of $3. If doubling output will decrease production costs by 20%, how much would it cost to produce 2000 units then?

Which distribution method would be best suited to reach the customers who are unable to visit shops and want a broad range of products?

Which is a variety of a 'prototype'?

Which term relates to ensuring that different elements of product development are undertaken at the same time rather than consecutively?

In today's decentralized business world, ________ the most important strategic decisions.

In the ethical decision-making framework, brainstorming for alternatives takes place _______.

In the context of a firm's economic resources, cash, inventory, and equipment represent its _____.

In a high-performance work system, task design makes jobs _____.

Formal information channels are characterized by ________.