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umka21 [38]
2 years ago
10

What should you do when you are in a state of ambiguity with distinct possible outcomes?

Business
1 answer:
svetlana [45]2 years ago
7 0

Distinct possibilities, where there are two, three, or maybe four potential future alternatives, represent the second state of ambiguity. And you may make a contingency plan depending on which of those four possibilities might occur in a circumstance where there are distinct possibilities.

How do you make decisions in ambiguous situations?

Embrace a variety of viewpoints. Include intellectuals who hold opinions that differ from your own. You'll gain an understanding of the decision's potential outcomes, what other factors need to be taken into account, and what crucial information is lacking. Decentralize decision-making to the individuals who are most familiar with the "issue."

What is a good contingency plan?

Any circumstance that might interfere with operations should be covered in a comprehensive contingency plan. To include in the plan, take into account the following areas: storms, fires, and earthquakes are examples of natural catastrophes. crises including endangerment to staff or clients, injuries sustained on the job, and mishaps at the workplace.

Learn about contingency plan: brainly.com/question/939242

#SPJ4

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Trey owns 250 shares of common stock in a toy–store company. this means that he owns a percentage of the company based on the pr
madreJ [45]
Vote is the correct answer
4 0
3 years ago
Torch Industries can issue perpetual preferred stock at a price of $71.00 a share. The stock would pay a constant annual dividen
kodGreya [7K]

Answer:

the company's cost of preferred stock, rp is = 9.15%

Explanation:

step 1. Consider the following formula.

Cost of preferred stock = annual dividend / Price *100

Step 2. Set the values of the variables.

= $ 6.5/$ 71*100

step 3. Solve.

= 9.15%

Answer : 9.15 %

6 0
3 years ago
A. the marketing manager argues that a $9,000 increase in the monthly advertising budget would increase monthly sales by $20,000
Bess [88]

If the new advertising will cost $9,000 more, but will increase revenues by $20,000 there would be a $11,000 increase in net operating income.

In this case, since the revenue outweighs the cost, you would increase the advertising expenditure.

7 0
3 years ago
At the beginning of the school year, Priscilla Wescott decided to prepare a cash budget for the months of September, October, No
beks73 [17]

Answer:

a) Priscilla Wescott's

Cash budget

                                                                  Months

                                        Sept.            Oct.             Nov.           Dec.

beginning balance          8,220         3,220          3,330          3,340

football tickets                -110

other entertainment       -290            -290            -290            -290

semester tuition             -4,400

rent                                  -400            -400            -400            -400

food                                 -220            -220            -220            -220

apartment deposit          -600                                                     600

part time jobs earnings   1,020          1,020           1,020           1,020

ending balance                3,220         3,330           3,340          4,150

b) This is a static budget because it is being prepared in advance. A flexible budget adjusts a static budget to the real cash outflows and inflows.

c) The spring semester tuition costs $4,400 and she will only have $4,150, that means she will be $250 short.

5 0
3 years ago
How did Ray conduct marketing-information management?
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He saw emma n norman act weird and he found out they knew
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