Managers should do more of an activity if it adds more to revenue than it adds to cost.

Name: Managers should do more of an activity if it adds more to revenue than it adds to cost.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is a basic principle of business decision making known as the cost-benefit analysis. If an activity's benefits (in terms of revenue) exceed its costs, then it is financially wise for managers to prioritize and allocate resources towards that activity.

Managers Should Do More of an Activity If It Adds