Answer:
c. stereotypes ready to avoid a decision minefield and remain realistic about cost and difficulty
Explanation:
To take good decisions it is necessary to have many variables into account. However, the conception of stereotypes may skew the decision making process. The main problem about stereotypes is that when these are applied to every situation, new unrealistic scenarios are created, it produces confusion for the decision making process, therefore a bad decision can be taken.
The Well-conceived policies and operating procedures facilitate good strategy execution by:
- They provide top-down guidance regarding how things need to be done.
- They help ensure consistency in how execution-critical activities are performed
- They promote the creation of a work climate that facilitates good strategy execution.
<h3>What is the use of
Well-conceived policies?</h3>
This refers to those policies that are well thought to achieve the aim and objectives of a long term goal of a firm
Hence, in a typical firm, these policies and procedures provide top-down guidance regarding how things need to be done, ensure consistency in how execution-critical activities are performed and promote the creation of a work climate that facilitates good strategy execution.
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The consequences of identification of a product are:
- Loyalty
- Promotion of the firm.
- Recruitment of new customers, etc.
<h3>What is identification of product?</h3>
Product identification is known to be a term that connote the act of labeling that consist of functions such as product tracing, brand protection, and others.
A good product identification is one that allows better supply chain efficiencies that is, it means the right product is one that gets to the right consumer at the right timeframe.
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Explanation:
Given:
Amount of goods taken by proprietor = Rs. 15,000
Find:
Journal entry
Computation:
Books of (.... ltd)
Journal entry
Particular Debit Credit
Drawing A/c Dr 15,000
To Purchase A/c Cr 15,000
(Being goods taken by proprietor for personal use)
