- Explain differential costs, differential revenue, incremental cost, and avoidable cost. Give examples for each concept.
- Explain opportunity costs and examine how opportunity costs are used in decision making. Give examples of opportunity costs in decision making.
- Examine the concept of the time value of money and how the concept is used in capital investment decision making.
- Compare and contrast between net present value and internal rate of return methods.
Question: Select an organization (company, government, non-profit, and so forth)
Question: Select an organization (company, government, non-profit, and so forth) in which you are interested, as well as a public issue the organization is facing. This organization and issue will be used throughout the remainder of this course. Using your textbook as a framework, as well as other sources for