According to decision analysis, When managers use absolute comparison, each decision criterion is compared to a standard or ranked on its own merits.
What is decision analysis?Decision analysis involves elements of psychology, management strategies, training, and economics and use a number of methods to examine all pertinent information to assist in the decision-making process. It is frequently used to evaluate choices that are made in light of several different factors and that have a wide range of potential outcomes or goals. When trying to decide on risk management, capital investments, or strategic business decisions, individuals or groups might employ the approach.Making strategic business decisions requires a methodical, quantitative, and visually appealing process known as decision analysis. Aspects of psychology, management strategies, and economics are all incorporated into decision analysis along with a range of other instruments.Decision analysis can be used in risk, capital investments, and strategic business decisions, among other things.
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What is the effect on the quantity of video games demanded if overall consumer income increases?
The quantity of video games increases if overall consumer income increases.
What is consumer income?Consumer income is the money that a consumer makes from employment or investment, such as dividends paid to shareholders by corporations and gains realized on the sale of an item, such as a house. When various income streams are added together, the result is known as aggregate income.When real consumer income rises, customers will purchase a higher quantity of regular economic items. In consumer choice theory, the income effect and substitution effect are related economic concepts. If a consumer's income rises and the company sells standard goods, the company's revenue will rise.As it is given in the description itself, when real consumer income rises, customers will purchase a higher quantity of regular economic items.
Therefore, the quantity of video games increases if overall consumer income increases.
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In the outpsider case, if cade tells the buyer, pat bennett, he has another offer of $550k, what should pat say?
pat should say I take that offer
What is offer?The operation of offer and acceptance is a conventional technique in contract law since they are usually recognized as necessary elements for the establishment of a contract. The offer and acceptance formula, which was created in the nineteenth century, indicates a formation moment when the parties are of one mind.
An offer is made when a person shows his readiness to do or refrain from doing something to another person and obtains their approval to do so. The individual who makes the offer is referred to as the "Offerer" or "Promiser," and the person to whom the offer is made is referred to as the "Offeree" or "Promisee."
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When lcd televisions first came on the market, they sold for at least $1,000, and some for much more. now many units can be purchased for under $400. these facts imply that:________
These findings suggest that the LCD television market is a cost decreasing industry.
A cost decreasing industry with declining costs is one in which the price of a good decreases as production rises. A long-run supply curve with a falling slope is the term used to describe the phenomena. This is a result of an industry's expansion, which often leads to an increase in competitors, a decrease in demand, and a decrease in the perceived value of the product. Depending on the nature of the business, a company's decrease due to reduced costs may occur naturally or may be the result of other factors. Competition is one of the most common reasons for cost decreasing industry. When the market for a product expands, competitors will typically step in to meet increased demand.
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What analytical method does a firm typically employ to assess the target market and its own competencies?
The analytical method does a firm typically employ to assess the target market and its own competencies is called "SWOT analysis".
What is SWOT analysis?The SWOT analysis is one of the tool that could assist you in identifying the current strengths of your business and developing a winning future strategy. SWOT can also reveal business areas that are restricting your growth or that, if left unchecked, your competitors may exploit.
The importance of SWOT analysis are;
SWOT analysis can assist you in exposing unsafe assumptions and performance blindspots inside your firm. It can provide fresh perspectives on where your company is right now and assist you in creating the ideal strategy for any circumstance if you use it thoughtfully and in collaboration.For instance, you might be fully aware of some your individual's progress, but you might not be aware of just how dependable they are until you list them alongside vulnerabilities and threats.Similarly, you probably have valid concerns about several of your company's vulnerabilities, but by conducting a methodical examination, you can uncover a previously unnoticed potential that may more than make up for them.To know more about SWOT analysis, here
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Which style of interaction might seem to be the only way for couples whose backgrounds are completely irreconcilable to survive?
The style of interaction might seem to be the only way for couples whose backgrounds are completely irreconcilable to survive is obliteration style.
Some couples will try the obliteration fashion. In this situation, each partner tries to erase or obliterate their authentic cultures and create a brand new “subculture” with new beliefs, values, and behaviors.
Style of interaction for an intercultural couple in which both companions try and erase their character cultures.
Culture is a prime component that transforms passionate love into romantic love. Cultural values and traditional behaviors affect the expressions and reports of love and transfer passionate love as primarily based on a sexual attraction into romantic love as an idealized and culturally affected manner of loving.
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Caviler company determines that it cannot collect a total of $500 from a customer. Using the allowance method, the journal entry to write off the amount would be?
The journal entry to write off the amount would be,
Debit: Allowance for Bad Debts $300.
Credit: A/R $300.
Journal access is an act of keeping or making information of any transactions both economic or non-financial. Transactions are indexed in an accounting journal that indicates an organization's debit and credit score balances. The magazine entry can consist of numerous recordings, each of that's both a debit or a credit score.
A journal entry is a record of the commercial enterprise transactions within the accounting books of a commercial enterprise. A well-documented magazine entry consists of the suitable date, amounts to be debited and credited, an outline of the transaction, and a completely unique reference number.
A credit score entry is used to decrease the value of an asset or growth the value of a liability. In other phrases, any advantage-giving component or outgoing issue must be credited in books of money owed. The credits are entered on the proper side of the ledger debts.
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Calculate the balance of allowance for uncollectible accounts at the end of 2022 (before adjustment in 2022).
Balance of allowance for uncollectible accounts at the end of 2022 (before adjustment in 2022) will be Rs 1200
The solution is as follows:
Beginning Balance in 2022: 12000
Less: Write-offs during 2022 (10800)
Ending Balance in 2022: 1200
The Allowance method will not recognize the additional uncollectible amount expense when doing a writer off. It will only do it when the company does the adjusting entry considering their rates and ageing of their accounts
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Explain the purpose of making individuals aware of their underperformance clearly but sensitively.
The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.
What is underperformance?This occur when an individual is preforming below expected. Usually, there is task to accomplished at a particular time and if its is not done tp time and does not produce expected result then, it is said that the individual under performed.
An employee can underperformed also when the clearly set contract projection plan is low or when an employee do not perform the necessary duties of their role.
When an individual underperformed it can be brought to the notice of the person n a very calmly manner to avoid damage of emotions and self esteem.
Therefore, The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.
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Martha paid sam $50 interest at 8or 30 days. how much did martha borrow? (use 360 days) multiple choice question. $7,500
Martha borrowed $ 33.20 from sam
Borrowed amount = P×R×T
= $50×8×0.083
= $33.2
What Is Simple Interest?
Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.
What is simple interest and example?
Simple Interest (S.I.) is the method of calculating the interest amount for a particular principal amount of money at some rate of interest. For example, when a person takes a loan of Rs. 5000, at a rate of 10 p.a. for two years, the person's interest for two years will be S.I. on the borrowed money.
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An accountant who managed a company's finances stole money from the company to benefit herself. what type of crime is this an example of?
Yes, embezzlement is illegal since it involves a systematic, protracted theft of funds from the employer. It constitutes willful misbehavior.
The act of withholding assets from one or more people to whom the assets were committed in order to convert those funds, either to be held or to be utilized for certain objectives, is known as embezzlement. One sort of financial fraud is embezzlement.
The term "embezzlement" describes the covert removal of monies by a person in charge of managing and using those assets for corporate operations. An embezzler purposely mishandles business finances and assets for personal benefit by abusing the employers' trust.
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Using the simplified effective-interest amortization, the credit to cash each interest payment equals?
the credit to cash each interest payment equals net multiplied market interest rate multiplied time
What is interest?In finance and economics, interest is the payment of an amount over repayment of the original sum by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate by a borrower or depositor. It differs from a fee that the borrower may pay to the lender or a third party.
When the effects of compounding over time are considered, an effective annual interest rate is the true return on a savings account or any interest-paying investment. It also indicates the actual percentage rate of interest owed on a loan, credit card, or other debt.
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When clorox corporation, the manufacturer of bleach and bleach-based cleaning products, acquired kingsford charcoal and prime choice brand steak sauce, it was an example of _________.
When Clorox corporation, the manufacturer of bleach and bleach-based cleaning products, acquired Kingsford charcoal and prime choice brand steak sauce, it was an example of unrelated diversification.
What are unrelated diversification strategies?
A corporation pursuing expansion in product marketplaces when the primary success criteria are unrelated to one another is known as an unrelated-business-diversifier. Such a business, whether it be a holding company or a conglomerate, anticipates little to no functional talent transfer between its numerous subsidiaries.
What are the risks of unrelated diversification?
Diversification into unrelated industries has the additional drawback of possibly fostering divisional politics. For instance, there can be disputes about how to allocate the company's limited financial and other resources, with several divisions competing for control of them.
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Which of the following are depositary financial institutions? (select all that apply)
options:
Loan associations
Credit unions
Commercial bank
Insurance companies.
Brokerage firms
Investment companies
Depositary financial institutions are:
Loan associationsCredit unionsCommercial bankWhat are depositary financial institutions?Depositary financial institutions are financial institutions that gathers or obtains funds majorly by accepting deposits from members of the public. Depositary financial institutions include loan associations, credit unions and commercial bank.
Credit union is a form of financial institution owned by members of the union. The union provides financial services similar to the services provided by commercial banks
A commercial bank is a financial institution that accepts deposits from customers, provide loans to customers and provide financial products t costumers. Only commercial banks. deposit their excess funds with the U.S. Treasury.
A savings and loan associations is a financial institution that specializes in helping customers get residential mortgages.
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Suppose buyers of rackets and tennis balls regard the two goods as complements. then an increase in the price of rackets will cause a(n)?
Answer: decrease in demand for rackets and a decrease in quantity supplied of tennis balls. I hope this helps!!
Explanation:
Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target market was the number of times the target was exposed to his message throughout the six weeks of the campaign, representing its.
Alberto determined one of the metrics he would use to gauge the level of exposure his marketing message had with his target market was the number of times the target was exposed to his message throughout the six weeks of the campaign, representing its "frequency" is represented by this.
What is the market frequency?The likelihood that a particular consumer will see an advertisement during a marketing campaign is known as frequency. A person is more likely to engage with the advertisement in a meaningful way and to interact with your business on a number of different levels if they are exposed to it more frequently.What is Marketing?Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing. Affiliates perform some marketing on behalf of a business.Learn more about market frequency here:
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Central style wants joanna gaines from hgtv to mention their reclaimed wood furniture in her blog. they are willing to pay her top dollar because of her popularity. this is an example of:________.
This is an example of: online advertising
on-line advertising, also known as online marketing, internet advertising and marketing, virtual advertising or web advertising, is a shape of marketing and advertising and marketing which makes use of the internet to sell products and services to audiences and platform users.
Content marketing is one of the first-rate on line advertising techniques because it could guide other marketing and advertising and marketing efforts, like social media, paid seek, and even seo. this is why companies make content material a middle part of their approach.
Advertisements can growth familiarity and accept as true with among a employer and its clients. If a potential customer sees more than one commercials about your product, they may recollect you a relied on logo. you can additionally use advertising to address any concerns, which similarly builds accept as true with between your agency and your customers.
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What will happen to the equilibrium price and quantity of beef is more lenient fda inspections increase the number of cattle ranches?
The Achieving equilibrium will result in a rise in price and a decrease in quantity.
There will be less of a supply as a result of more rigorous FDA inspections on cattle ranches. Prices will increase if there is a decrease in supply and a constant demand. For the same quantity at the equilibrium price, consumers will pay more than they did previously, at least initially. In the long run, the increased pricing might encourage the entry of new suppliers. The equilibrium will change once more as a result.
Changes in Equilibrium:
Every market for an item has an equilibrium price at which the quantity provided and sought is equal. The supply or demand curves will vary when other factors change, changing the equilibrium.
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Increases in equity that result from providing products or services to customers are called:______.
Increases in equity that result from providing products or services to customers are called revenue.
What is revenue?In accounting, revenue can be regarded as the total amount of income that is been generated by the sale of goods as well as services by the company.
This is been related to the primary operations of the business, it should be noted that Commercial revenue serves as the sales or as turnover by the company , however, Some companies receive revenue from interest, hence , Increases in equity that result from providing products or services to customers are called revenue.
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How does locker distinguish technical writing from business writing? Write a couple of sentences or so in your response to this question.
Technical writing typically used in technical and occupational fields like engineering, robotics.
Business writing is typically used in a professional setting like client proposals, reports, memos,
What is business writing used for?Every other type of writing, excluding journalism and creative writing, is done at work, including business writing.
A type of writing utilized in a professional setting is called business writing. It is a well-written work with a defined purpose that effectively, succinctly, and provides pertinent information to the reader.
What is the technical writing ?Technology, engineering, and science are the subjects of technical writing. Typical documents include release notes, specifications, manuals, data sheets, research papers, and field reports.
Any writing intended to explain intricate, specialized, and technical concepts to readers who may or may not be familiar with them is considered technical writing.
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Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. what is the market rate of substitution between leisure and income?
Suppose a worker is offered a wage of $8 per hour, plus a fixed payment of $100 per day, and she can use 24 hours per day. The Market rate of substituion between leisure & income is $8 per day.
Because the budget line FE describes the opportunities available to a worker who has $100 of nonlabor income per week, faces a market wage rate of $10 per hour, and has 110 hours of nonsleeping time to allocate between work and leisure activities This means that the person will choose the level of goods and leisure that lead to the highest possible level of the utility index given the limitations imposed by the budget constraint.
Leisure is the time when you are free from work or other duties and can relax.
Limitations the act of controlling the size or extent of something the act of limiting something.
Budget is a spending plan based on income and expenses.
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Define financial distress and discuss the major reasons united was faced with financial distress/bankruptcy?
When a business or individual is in financial hardship, it means that they are unable to satisfy their financial responsibilities because they are not able to create enough vulnerable revenue or money. This is typically caused by high fixed expenditures, a high percentage of illiquid assets, or revenue sources that are susceptible to economic downturns.
Families are vulnerable to the destructive effects of economic hardship and financial turmoil. Many families lose their houses, automobiles, retirement accounts, valuables, money, health insurance, and other things during hard economic times. Families frequently struggle to satisfy their bare necessities. Financial difficulty occurs when an individual or organization's income or earnings are insufficient to cover its debts.
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Why are shareholders more keen on investing in high-risk projects during times of financial distress?
Answer:
Because the shares price of that company will be reduced that gives shareholders to own more thus owning a greater percentage of the company
Explanation:
Let's say Washer Ltd is high-risk and they have taken a stand to reduce their ordinary share price in order to attract investors, from R6,90 to R3, 90 per share
Instead of the shareholder paying the full price for less shares, he can buy more share for half the amount of money
If the principal told the agent to commit a tort or knew that the consequences of the agent’s carrying out his instructions would bring harm to someone, the principal is?
If the principal told the agent to commit a tort or knew the consequences of the agent’s carrying out his instructions would bring harm to someone, the principal is at fault and will be charged.
What is a commit a tort?Committing a tort means that the person has committed some sort of crime that can be assault, negligence, battery, damage to the property, or emotional distress.
As the agent might have committed the crime, he will not be the only one responsible for the crime, but the Principal will also be because he knowingly told him to commit the crime. Both of them will be considered criminals and will be brought to court for trial.
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Abc corp. stock has been holding at $22. 50 for a few months. stockholder nguyen is willing to sell call options at $23. investor dudek buys the call options. who is guaranteed to come out ahead?
Abc corp. stock has been holding at $22. 50 for a few months. stockholder nguyen is willing to sell call options at $23. investor dudek buys the call options. Nguyen will come out ahead, because he will receive a premium for each share for which Dudek places a call option
Call options are the financial contracts which give the option buyer a right but not the obligation to buy a stock or bond or commodity, or other asset or instrument at a specified price within a specific time period.
The stock or bond or commodity is called the underlying asset. A call buyer earns profits when the underlying asset increases in price.
A call option may be contrasted with a put option the option which gives the holder the right to sell the underlying asset at a specified price on or before expiration.
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Compared to a perfectly competitive firm, the demand curve facing a monopolistically competitive firm is.
The demand curve facing a monopolistically competitive firm is downward sloping.
The demand curve as faced via a monopolistic competitor is not flat, but as a substitute downward-sloping, meaning that the monopolistic competitor, like the monopoly, can improve its rate with out dropping all of its clients or lower its rate and advantage more customers.
The call for curve of a monopolistic aggressive market slopes downward. which means as rate decreases, the quantity demanded for that desirable will increase.
The call for curves faced by a monopoly and through a monopolistic competitor appearance similar—this is, they both slope down. however the underlying monetary that means of those perceived call for curves is specific, because a monopolist faces the market demand curve and a monopolistic competitor does no longer.
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While the texas governor's term in office used to be 2 years, it was changed to _____ years with a constitutional amendment adopted in _________.
While the Texas governor's term in office used to be 2 years, it was changed to 4 years with a constitutional amendment adopted in 1876.
What is a constitutional amendment?This is the type of changes that are made to the already existing constitution of a country by the law making body of that particular area. The constitutional amendment would have to do with amending the practices that used to be in play in the state at that time.
Before the amendment, the governor had the opportunity of being the number one citizen of the state for a period of two years. But after the amendment, it was changed to be a period of 4 years in the year 1876.
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A company uses 20,000 pounds of materials for which it paid $6. 00 a pound. the materials price variance was $15,000 unfavorable. what is the standard price per pound?
$7.75 is the standard price per pound.
Material price variance = (Actual quantity * Actual price) - (Actual quantity * Standard price)
$5,000 = (20,000 * $8) - (20,000 * Standard price)
$5,000 = $160,000 - (20,000 * Standard price)
(20,000 * Standard price) = $160,000 - $5,000
(20,000 * Standard price) = $155,000
Standard price = $155,000 / 20,000
= $7.75
Price is one of the basic economic categories. The standard price concept is most commonly defined as the monetary value of a commodity. Price performs the following interrelated functions. For finished goods, the cost is only manufacturing or procurement costs.
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Research on diversification in portfolio management generally indicates that the best approach is?
Research on diversification in portfolio management generally indicates that the best approach is probably related differentiation.
What is portfolio management ?A company's ability to capitalize on the success of its project selection and execution is ensured by portfolio management. To accomplish strategic goals, it alludes to the centralized management of one or more project portfolios. According to our research, portfolio management can help close the gap between plan and implementation.What Is Diversification in a Portfolio?Spreading your investments out will limit your exposure to any one form of asset. This approach is known as diversification. This routine is intended to gradually lessen the volatility of your portfolio.Learn more about portfolio management here:
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The ability to meet short-term obligations and to efficiently generate revenues is called?
The ability to meet short-term obligations and efficiently generate revenues is called Liquidity and efficiency.
When a financial asset or security may be quickly and easily converted into cash without depreciating in value, this is referred to as having liquidity.
In other words, the degree to which an asset may be swiftly purchased or sold on the market at a price representing its underlying value is referred to as liquidity. Due to its ease and speed of conversion into other assets, cash is regarded as the most liquid asset.
Business efficiency is the amount of output a firm or organization can create given the time, money, and resources available. In other words, a company's efficiency refers to how well it can turn resources like labor, capital, and raw materials into services and goods that generate income.
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In alan blinder's major study of business practices, what proportion of companies reported economies of scale (falling unit costs)?
41% of companies reported economies of scale (falling unit costs).
Economies is an international, scholarly, peer-reviewed, open-get entry to the journal of improvement economics and macroeconomics, posted monthly online by means of MDPI. Open get right of entry to lose for readers, with article processing costs (APC) paid by authors or their establishments.
An economic system is an area of manufacturing, distribution, and trade, in addition to the intake of products and offerings. In popular, it's miles described as a social area that emphasize the practices, discourses, and cloth expressions associated with the manufacturing, use, and control of scarce assets.
Economies of scale discuss the decreasing of per unit costs as a company grows larger. Examples of economies of scale include improved shopping energy, network economies, technical, monetary, and infrastructural. whilst a company grows too massive, it could be afflicted by the other – diseconomies of scale.
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