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agasfer [191]
2 years ago
14

____ management encourages managers to make facts and logic the foundation of their approach to decision-making.

Business
1 answer:
Gemiola [76]2 years ago
7 0

Evidence based management encourages managers to make facts and logic the foundation of their approach to decision-making.

<h3>What is meant by evidence based management?</h3>

This s the term that has to do with the type of management that is more likely involved with the ability of a person to engage in critical thinking. It is the type of management that lays aside feelings and relies instead on the ability of people to think and come up with facts.

Hence we can ay that Evidence based management encourages managers to make facts and logic the foundation of their approach to decision-making.

Read more on evidence based management here; brainly.com/question/24847839

#SPJ1

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In order to stay ahead of the competition, the trait needed by entrepreneurs is
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Answer: Risk taking

Explanation:

In business, many entrepreneurs do the basic but just a few do something exceptional that keeps them too of their league, and that exceptional thing is taking risk. Risk taking would separate outstanding success from basic success. Not everyone has the ability to give in to risk taking as many would want the basic or the normal. But taking risk would definitely put you above the basic and give the entrepreneur exceptional results.

5 0
3 years ago
Holly's is currently an all-equity firm that has 12,000 shares of stock outstanding at a market price of $36 a share. The firm h
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Answer:

$31,104

Explanation:

EBIT / 12,000

= [EBIT - ($120,000 × .072)] / [12,000 - ($120,000 / $36)]

EBIT = $31,104

Therefore the minimum level of earnings before interest and taxes that the firm is expecting will be $31,104

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7 0
3 years ago
One of the reasons marketers use loyalty segmentation is
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Answer:

The high cost of finding new customers.

Explanation:

Loyalty segmentation is when customers are grouped based on how they interact with you product and services. It is aimed at identifying those that use a business's products and services frequently or that are loyal to the business.

Loyalty segmentation is preferred by marketers because it maximises the lifetime value of customers. It is expensive to get new customers, so marketers maintain already existing relationships.

6 0
4 years ago
You are in the market for a new refrigerator for your company's lounge, and you have narrowed the search down to two models. The
allsm [11]

Answer:

The answer is:

We should pick the energy efficient model as its net present value the choice brings about is higher than the standard model.

Explanation:

We apply the net present value (NPV) methodology to evaluate which model to be picked up. The option that resulting in higher NPV should be chosen.

+ The standard model's NPV is equal to its price which is $(1,500) as it has no energy cost-saving during its life time.

+ The energy efficient model's NPV is equal to the sum of its selling price and the net present value of the energy cost-saving for 60 months ( 12 months per year x 5 years of useful life), $45 each month, discounting at opportunity cost of 6%; which is calculated as below:

-1,700 + (45/6%) * [1 - 1.06^(-60)] = $(972.74).

=> So, the energy efficient model should be chosen because its NPV is higher than the standard model (  $(972.74) > $(1,500) ).

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3 years ago
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