Business Choices
- Created by: SiobhanGarnham-Parks
- Created on: 04-01-16 19:06
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- Business Choices
- Trade-Offs
- Opting for one choice which involves compromising another
- Risk vs. Reward
- Opportunity Costs
- Monetary
- Usually businesses will have to choose which option is best to spend their budget
- Non-monetary
- Difficult to quantify, i.e. personal confidence, etc.
- Monetary
- Trade-Offs
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