Regardless of which selection method a firm uses,it should always:
A)Be able to predict how much revenue will be returned to the firm each year.
B)Know which project will ultimately succeed and which ones will fail.
C)Be objective in their selection method.
D)Use a weighted scoring technique.

Question

Quizplus · Accepted Answer

It is crucial for a firm to be objective in their selection method, regardless of which method they choose to use. This ensures that the best projects are chosen based on their actual merits rather than subjective opinions or biases. While other options may also be beneficial, such as using a weighted scoring technique, they are not universally necessary for effective project selection.

Regardless of Which Selection Method a Firm Uses,it Should Always