Provide a hypothetical example from your personal life for a situation in which you would consider both financial and nonfinancial factors. What factors would be considered?

MODULE 7

DQ1

Assessment Description

Incremental analysis is used to help companies make decisions involving a choice that offers alternative courses of action. People use incremental analysis in their own personal decision making as well. Provide a hypothetical example from your personal life for how you might use incremental analysis in making a decision. Participate in follow-up discussion by adding additional elements or additional rationale to those of a classmate.

DQ2

Assessment Description

Making decisions often involves financial and nonfinancial factors. Provide a hypothetical example from your personal life for a situation in which you would consider both financial and nonfinancial factors. What factors would be considered? Participate in follow-up discussion by adding additional elements or additional rationale to those of a classmate.

RESOURCES

Read “How to Choose a Pricing Strategy for Your Small Business?” (2022), located on the QuickBooks Resource Center website. https://quickbooks.intuit.com/r/pricing-strategy/6-different-pricing-strategies-which-is-right-for-your-business/