Using payback analysis as a means to select a decision among various alternatives is an example of _____.
A)quantitative decision making
B)subjective decision making
C)experimentation
D)observation

Question

Quizplus · Accepted Answer

Payback analysis involves the use of quantitative data to determine the length of time it takes for a project to recoup its initial investment. Therefore, it is an example of quantitative decision making.

Using Payback Analysis as a Means to Select a Decision