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FinnZ [79.3K]
3 years ago
12

What are the different schools (beliefs) of decision making?

Business
2 answers:
Law Incorporation [45]3 years ago
5 0

Utilitarian decision-making are when ethical decisions are the first type of decisions to be made. Right decision-making, where everyone involved should have the same rights, fairness and acceptance when making the decisions. Common good decision-making refers to making decisions as individuals that will have an affect on the community as a whole. Virtue decision-making,  refers to the virtues that help make decisions for the individual or company- honesty, generosity and knowledge are some of the most important parts of the decision making process. 

Sladkaya [172]3 years ago
4 0
<span>The different schools (beliefs) of decision making are : 
</span>utlitarian decision making- ethical decision are primary
right decision making - everyone involved should be granted the same rights
fairness and justice decsion making - th
common good decision making -  individuals as part of a larger community.
virtue decision making - <span>honesty, generosity and knowledge are the most important parts of the decision making process</span>

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The members of a certain business run the risk of losing their personal property should the enterprise fail. This is because the
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3 years ago
Your college bookstore is responsible for the gathering, sorting, and dispersing of books required for a literature course on ca
Nataly [62]

The function of <em>gathering, sorting, and dispersing</em> books required for a literature course by the college bookstore is an example of <em>b. logistical functions that intermediaries perform.</em>

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Thus, the college bookstore performs a logistical function by managing the <em>inventory, transportation, and warehousing needs</em> of the college.

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5 0
2 years ago
When the number of units in work in process and finished goods inventories decrease, absorption costing net operating income wil
Nastasia [14]

Answer:

b. False

Explanation:

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If Production is greater than Sales - <u>Increase in Finished Goods Inventory</u>, Absorption costing net operating income  will typically be greater than Variable costing net operating income.

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7 0
3 years ago
Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the m
Nookie1986 [14]

Answer:

White Division Gross Profit  = $72,200

Grey Division Gross Profit =  $247,700

Explanation:

                                                     White Division    Grey division

Sales (net)                                      $270,000            $540,000

Less: Cost of goods sold              <u> $135,000  </u>          <u>$202,500</u>

Gross Margin                                 $135,000             $337,500

Less: Salary Expenses                   $37,800              $64,800

Rent                                                 <u>$25,000</u>              <u>$25,000</u>

Gross Profit                                   <u> $72,200 </u>             <u>$247,700</u>

The White Division occupies 25,000 square feet in the plant. The Grey Division occupies 25,000 square feet. Hence, the rent expenses will be shared equally. Rent = $50,000 hence, both division will pay $25,000 each              for rent

7 0
3 years ago
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