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madreJ [45]
3 years ago
8

Charlotte was asked to select a suitable material supplier for her boutique over the weekend. Since Charlotte had plans of meeti

ng her friends during the weekend, she did not choose the best supplier for her boutique. Instead, she selected the first supplier who met the minimum standards. Charlotte's decision-making strategy is an example of _____________.
Business
1 answer:
mezya [45]3 years ago
6 0

Answer: Satisficing

Explanation:

  According to the given question, the Charlotte's strategy for the decision making process is one of the example of satisficing.

The satisficing is one of the type of tendency is that helps in searching for the alternatives solutions until the best solution is found based on the needs and the standard.

The main aim of the satisficing is that it focuses on the various types of pragmatic efforts or the optimal outcome based on the available time and the resources. Therefore, Satisficing is the correct answer.    

 

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PtichkaEL [24]

Answer:

The correct answer is letter "C": simple structure.

Explanation:

Canadian professor Henry Mintzberg (<em>born in 1939</em>) proposes there are five types of business organization structures: <em>Simple structure, Machine bureaucracy, Professional bureaucracy, Divisionalized, </em>and <em>Adhocracy</em>. Startups usually managed by their founders are characteristic of the simple structure since this type of organization has a loose organizational structure, are usually flexible and sometimes even informal. Though, it does not leave aside the contribution of its member to achieve the goals of the organization.

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4 years ago
Examine how businesses can be organized and structured in general
enot [183]
Sole proprietorship
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4 0
4 years ago
5. Calculating tax incidence Suppose that the U.S. government decides to charge cola consumers a tax. Before the tax, 35 million
wolverine [178]

Answer:

$4

$1

$3

False

Explanation:

Tax on a case of beer = amount consumers pay after the tax has been levied - amount producers receive = $7 - $3 = $4

Burden of tax on consumers = amount consumers pay after the tax has been levied - amount consumers pay before tax was levied = $7 - $6 = $1

Burden of tax on producers =  Tax charged - Burden of tax on consumers = $4 - $1 = $3

6 0
4 years ago
Mickey built his lemonade stand out of $75,000 worth of plywood and paint. He uses $2.25 of lemons, sugar and water to make his
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The selling price of the lemonade need to be to break even at 40 glasses is $1,877.50

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Assumption: Considering $75,000 as fixed cost:

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40 = $75,000 / Contribution per unit

Contribution per unit = $75,000 / 40

Contribution per unit = $1875

Selling Price = $1,875 + $2.25 = 1,877.50

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