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Pie
2 years ago
15

What is the second step in the decision making model?.

Business
1 answer:
BARSIC [14]2 years ago
4 0
Stages include inspiration, percolation, preparation, creation, and reflection. the “percolation” period is vital to creating art. Basically, this is the time that elapses after you’ve had your idea, but before you start making art. It can transpire in many different ways.

Sometimes this involves refining your idea by making sketches (and tossing out just as many) or playing around with ideas visually. Other times, it’s just a matter of giving an idea space to germinate. Sometimes, you may have an idea years before you create the piece of artwork it inspired. It doesn’t mean you’ve been resting on your laurels that entire time, though. There’s part of you that is always processing and refining your idea.
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The fact that a consumer is not required to buy the goods that a given firm produces, as well as the fact that the consumer migh
Lostsunrise [7]

Answer:

The correct answer is letter "A": are two stark realities any business firm must recognize.

Explanation:

Despite the efforts companies make to keep consumers satisfied and to provide them with products and services likely to fulfill their needs, they have the last word in what company they will decide to select. Their choice is based on different subjective and objective criteria being difficult for companies to predict them.

Thus, <em>the fact that consumers are not obligated to buy a company's products because they want what another firm offers and eventually purchase the goods that other different firm sells, must be accepted as a "universal truth" by businesses.</em>

7 0
3 years ago
Consider the market for mobile applications, smartphones, and conventional phones. For each pair, identify whether they are comp
Bogdan [553]

Answer and Explanation:

The complementary goods are those goods which are used together while on the other hand the substitute goods are those goods that are used in place of one another

Based on this, the classification is as follows

1. Complementary goods

2. Substitute goods

3. Substitute goods

The above represents the classifications

8 0
3 years ago
On March 31, 2018, the Freeman Company leased a machine. The lease agreement requires Freeman to pay 10 annual payments of $6,00
kap26 [50]

Answer:

Correct answer is: Present value of annuity due of $1 at 10% for 10 periods

10 annual payments to be made each of $6000 with the Discount factor of Present value of annuity due of $1 at 10% for 10 periods Freeman will get the initial value (Present value which is to be paid in future)

6 0
3 years ago
9. Study Question #9 Ch 7. Evaluate the following statement describing the strategy that East Asia used from the 1970s to the 19
horsena [70]

Answer:

East Asia's accomplishment in accomplishing a high development rate is a miracle.The example of overcoming adversity centers around outside trade,savings of government and above all in teaching young men and young ladies so that by accomplishing high education level they can accomplish high financial growth.East Asia likewise have a high PPP(Purchasing Power Parity)which helped them to accomplish high growth.Countries like China and Japan are putting more in colleges.  

Fare - situated methodology assumes a significant job being developed of East Asia.Many nations like Japan,Taiwan,China moved to send out polocies to cultivate high econmic growth.Of course,open exchange will be a significant development driven motor and the creating nations will considered it as a most significant weapon in accomplishing growth.Thus,industrialisation is a significant rebound for East Asia to accomplish high financial development.  

Therefore,industralisation,openness to trade,educational accomplishment and import-send out approaches helped East Asia to accomplish high econmic development.  

(b)We know the idea of 'theory of unavoidable losses or Total Factor Productivity.It states that at one point including one extra factor of creation brings about a lessening increment in output.For example,if we utilize laborers to fabricate an item then at a specific level the creation is steady and by utilizing more,the yield decreases.So we can say that the given articulation is valid.  

TFP is a significant factor for high development rate.East Asian nations have accomplished a high growth.Most of this is from factor accumulation.East Asia TFP can't and along these lines the nations lost their normal development achievement.High monetary development brings about low TFP.

8 0
4 years ago
A company is obligated to pay its creditors $6,100 at the end of the year. If the value of the company's assets equals $5,800 at
Korvikt [17]

Answer:

The value of shareholders' equity is -$300

Explanation:

Shareholders' equity is the corporation's owners' residual claim on assets after debts have been paid.

Total assets= Total liability + shareholders' equity

Shareholders' equity = Total assets - Total liability

Shareholders' equity = $5,800 - $6,100

Shareholders' equity = -$300

6 0
3 years ago
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