Her failure to accurately determine how long the assignment would take best illustrates OVERCONFIDENCE. Overconfidence refers to a biased way of considering circumstances; it makes one to misjudge one's value, opinion or belief. In overconfident individuals, the subjective confidence in their judgement is greater than the objective accuracy of those judgements.
Answer:
Keep your customers informed.
Reassure your customers.
Explain what you have to offer.
Send special offers via email.
Be personal.
Educate your customers.
Meet virtually.
Answer:
$45,000
Explanation:
The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and has a net realizable value of $10,000. Its inventory of coffee makers with timers cost $35,000 and has a net realizable value of $35,000.
The amount that should be reported for Daily Grind's inventory is the net realizable values which is $10,000 + $35,000 = $45,000
<u>According to International Financial Reporting Standards, inventory should be valued at lower of cost and net realizable value. </u>
<u>Since the cost value of ''inventory of coffee makers without timers'' is higher than its net realizable value, it cannot be used.</u>
Answer: Matched pairs design
Explanation:
A matched pairs design is a type of study used when 2 treaments are present in an experiment. The individuals in the design can be divided into pairs using a blocking variable, and each pair can then be allocated to treatments at random. This is thus a special type of randomized block design.
In this case the blocking variable can be the various urban areas as 1968 is matched against 1972. Each city can be compared based on 2 measurements. From their each individual can be grouped into pairs and allocated to different treatments.