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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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Under the double-entry system of accounting, a debit is always a negative entry.
mrs_skeptik [129]

It is a false statement that a debit is always a negative entry under the double-entry system of accounting,

<h3>What is the double-entry system?</h3>

In accounting, this refers to the system for recording transactions based on recording increases and decreases in accounts so that debits equal credits.

Hence, the double-entry system requires that each transaction must be recorded in at least two different accounts.

Read more about double-entry system

brainly.com/question/2707498

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8 0
1 year ago
While other suppliers bidding for the contract brought bids with lower per unit costs, Orchard wanted to take delivery based on
Daniel [21]

Answer:

The correct answer is A) top quality.

Explanation:

There are generally two sales approaches: the first, product-oriented. This takes into account its own characteristics in terms of presentation, quality and utility; and the second, people-oriented, where the real needs of the consumer are studied to determine how he uses the good in order to orient himself towards satisfying a need.

The example clearly shows that the orientation with minimum unit costs was mainly focused on the client, so that the first impression is that of a lower price to motivate their purchase decision. For his part, Orchard clearly shows a product orientation, because he tries to offer quality by sacrificing other variables to supply a need.

6 0
3 years ago
Read 2 more answers
Which of the following is not a disadvantage to cash advances on a credit card? a. Cash advances are similar to loans in that th
Dominik [7]
<span>The statement that is not a disadvantage to cash advances on a credit card is that (A) </span>Cash advances are similar to loans in that they need to be paid back with interest. When you ask for a cash advance, it <span>is a service provided by most </span>credit card<span> and charge </span>card<span> issuers. This will become a credit limit.</span>
7 0
3 years ago
Read 2 more answers
What Amendments make up what are known as the Miranda Rights?
pantera1 [17]
I believe its B) the fourth and fifth
3 0
3 years ago
Read 2 more answers
Jill took ​$50 comma 000 that she had in savings and started her own business. If left in investments she would have earned ​$5
dmitriy555 [2]

Answer:

$140,000 and $195,000

Explanation:

The computations are shown below:

Accounting cost would be

= Jill salary +  material and other labor costs +  Insurance and mortgage payment

= $40,000 + $80,000 + $20,000

= $140,000

The economic cost would be

= Accounting cost + investment left + loss in salary + loss in rent

= $140,000 + $5,000 + $30,000 + $20,000

= $195,000

The loss in salary would be

= $70,000 - $40,000

= $30,000

The loss in rent would be

= $40,000 - $20,000

= $20,000

4 0
3 years ago
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