To determine if it makes sense for managers and employees to use the Internet to solve problems, firms use _____.
A) cost/benefit analysis
B) economic analysis
C) profit determinants
D) accounting ratios
E) financial analysis

Question

Quizplus · Accepted Answer

Cost/benefit analysis allows firms to weigh the potential costs and benefits of using the Internet to solve problems, helping them determine if it is a sensible and cost-effective solution. Economic analysis and financial analysis may be included in the cost/benefit analysis process. Profit determinants and accounting ratios may be useful for assessing overall financial performance, but are not directly related to the decision of whether or not to use the Internet to solve problems.

To Determine If It Makes Sense for Managers and Employees