Quantitative and qualitative factors for decision

Assignment Help Business Management
Reference no: EM1334899

Don Baxter's five year old Camaro requires repairs estimated at $5400 to make it roadworthy again. His friend
Mike Blue suggested that he buy a 5 year old Chevette instead for $5400 cash. Mike estimated the following
costs for the two cars:

Costs
Acquisition Cost
Repairs
Annual operating costs:
Gas, maintenance, insurance

a) What costs are relevant and what costs are not relevant for this decision? Why?

b) What should Don do? Explain.

c) What quantitative and qualitative factors are relevant for his decision? Why?

Reference no: EM1334899

Reviews

Write a Review

 

Business Management Questions & Answers

  Relationship of team effectiveness and servant leadership

What is the relationship between team effectiveness and servant leadership based on research.

  Importance of control programs-internal control techniques

Explain the importance of control programs and internal control techniques.

  Analyze and report unplanned changes

Address your strategy for the following in a one page memo (make it edible!, use a pattern from the Internet) to gain their confidence in your project management abilities- Analyze and report unplanned changes

  Provide an example when you made an ethical decision

Give a list of three different people the decision affected. Discuss in detail how your decision affected each of three people.

  Describing overall importance in delivery of health service

Define cultural competency and describe its overall importance in the delivery of health services.

  Article-changes in organization structure-management style

Find an article that relates to changes in organization structure and management style that are resulting from the drive to go global.

  Warranty actions and strict liability in tort

Warranty Actions and strict liability in tort each provide a distinct basis for a plaintiff’s Recovery for harm cause by a defective product.

  Rationale and challenges related to sourcing

Describe the supply chain necessary for a tailgate for 20 friends before a big game. Discuss the rationale and challenges related to sourcing from low-cost countries.

  Explaining negotiation skills of operation manager

What can be done in this situation to convince the Operations Manager to take on the manufacture of this new product? What negotiation skills can be used and why?

  Mcdonald''s key strategic objectives

Define and explain the McDonald's key strategic objectives.

  Explaining leader-member exchange model

How can political skill help a person avoid being adversely affected by the leader-member exchange model?

  Control health insurance premiums

From the first e-Activity, determine to what extent companies should be able to use employee data and dictate participation in wellness programs to control health insurance premiums.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd