Opportunity cost
During the project selection stage, you learn that the value of Project A is $100,000 and the value of Project B is $75,000. Ultimately, Project A was chosen. As a result, the opportunity cost of that decision is:
A. $100,000
B. $75,000
C. $25,000
D. $175,000
If you are reading this via email, please click here for the answer.
Dear Gabe,
Does that answer square with the Foreign Corrupt Practices Act? I’m not a lawyer and I may be off base, but in my last position I was required to take training to comply with the company policy related to the Foreign Corrupt Practices Act and under those guidelines I would not have been permitted to accept the gift unless the value of the gift was trivial.
A.N.
PMI guidelines are general in nature. If you are asked to follow company policy, please refer to that.
Also, this is in reference to a different question, not this one.