Criteria for investment in forestry is / are:
Correct answer: B. All of the above
- A. To define the objectives of the enterprise
- B. All of the above
- C. To set the criteria for decision
- D. To collect relevant information on all alternative course of action
- E. To identify constrains
Explanation
A sound forestry investment process begins by defining objectives, identifying constraints, establishing decision criteria and gathering information on alternatives. These steps prevent an investment decision from being based on returns alone.
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