Respond to the following statement: Benefit—cost analysis is completely different in nonprofits such as Bootstrap because they have no profit to measure the value of alternatives.

expected profits, you won’t have to answer the angry questions from stockholders and analysts because our share price has dropped or from employees who say this ies=== /Peter Drucker argues that one of the seven deadly

~ business sins is to base prices on costs, which means a is just a way to keep from paying bonuses. Explain the CEO’s rationale for not selling an unprofitable business first measuring the current cost of a product or service unit. Do you agree? Why or why not?

and then “marking it up” by adding a profit margin. He (1322)some skeptics suspect that continually upgrading an blames the disappearance of the US consumer-electronics organization’s information system has more to do with industry in part on its practice of basing prices on costs. keeping up with appearances than with improving the Can a domestic industry disappear because of its pricing accuracy, timeliness, relevance, and cost of information practice? What is an alternative to basing prices on costs? for decision making. How do you determine the accuracy What does this alternative require that is different from - of this suspicion?

basing prices on costs? (132) Where to place the city’s new shelter for homeless people has resulted in overwhelming recognition that a new shelter is needed but “not in my neighborhood.” As winter approaches, the director of the shelter and the publisher of the local newspaper have accused the city of “analysis paralysis” as it continues meetings and hearings to find a suitable location. Can you suggest a feasible approach to making this difficult decision? Be as specific as you can.