Decision-makers should consider:
A) only qualitative factors.
B) only quantitative factors.
C) both quantitative and qualitative factors.
D) sunk costs as well as quantitative and qualitative factors.

Question

Quizplus · Accepted Answer

Both quantitative and qualitative factors should be considered to make well-informed decisions that consider all aspects of the problem. Sunk costs should also be taken into account, but they should not drive the decision-making process alone.

Decision-Makers Should Consider