Business, 15.06.2020 23:57 Morganwing1019

1. What were the alternatives you considered at the time of choice? 2. What were the perceived benefits of each considered alternative at the time of choice?
3. What action was taken; what choice was made?
4. What was the opportunity cost of that choice? (Remember that the opportunity cost of one alternative is the perceived benefits of the other alternative – the benefits that are given up. The benefit of doing something becomes the cost of not doing it.)
5. What are the pros and cons of being able to make a choice in this instance?

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1. What were the alternatives you considered at the time of choice? 2. What were the perceived bene...