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2 years ago

When individuals and institutions make decisions with some desired outcome in mind, they are engaging in ______ behavior.

1 answer:

8 0

When individuals and institutions make decisions with some desired outcome in mind, they are engaging in purposeful behavior.

<h3>What is meant by purposeful behavior?</h3>

Behavior that is motivated or directed by a purpose is said to be purposeful. The objective could be static or dynamic. The behaving item will establish a relationship with the objective that is specific in time or space if it is static and the behavior sequence is successfully completed.

According to Purpose full behavior, people make decisions with the desired outcome in mind, taking into account all the losses and advantages.

If objective achievement is determined to be very feasible, the likelihood of it happening is high. According to goal theory, human behavior is intentional, purposeful, and driven by goals and objectives.

Despite the fact that the objective hypothesis suggests that everyone has wanted, it does not elaborate on what those needs are beyond stating that they are shaped by people's experiences, knowledge, and understanding of their surroundings.

Individuals and institutions engage in intentional behavior when they choose a course of action with a specific goal in mind.

To learn more about purposeful behavior refer to:

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Which of the following condition will both consumers and sellers benefit?

victus00 [196]

Answer: Option C) When supply equals demand.

The most common supply curve decreases with price. The most common demand curve increases with price. The point at which supply and demand curves intercept each other is the equilibrium point. At that point (equilibrium), there are consumers who are paying less than what they are willing to pay (generating a consumer surplus) and there are producers who are selling at a price that is higher than what they are willing to receive (generating a producer surplus), then both consumer and producers benefit.

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3 years ago

Martinez Manufacturing applies overhead based on direct labor hours. The company estimates that their overhead for the year will

aev [14]

Answer:

The correct answer is C: underapplied by $2,500

Explanation:

Giving the following information:

Martinez Manufacturing applies overhead based on direct labor hours.

The company estimates that their overhead for the year will be $180,000 and that they will use 72,000 direct labor hours.

During the year, Martinez Manufacturing used 75,000 direct labor hours and actual overhead costs were $190,000

We need to calculate if the overhead was under or over applied and in what amount.

Predetermined overhead rate= total estimated manufacturing overhead for the period/ total amount of allocation base

Predetermined overhead rate= 180000/72000= $2.5 an hour

Now, we can calculate the amount of overhead allocated:

Overhead allocated= 75000 hours*2.5= $187,500

Over/under applied= actual overhead - allocated overhead= 190,000 - 185,500= $2,500 underapplied

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3 years ago

Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory wa

Dimas [21]

Answer:

COGS= $598,020

Explanation:

Giving the following information:

Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory was $67,000, and his ending inventory is $77,200. During the year, Kevin withdrew $1,780 in inventory for his personal use.

We need to deduct the inventory used for personal use.

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 67,000 + 610,000 - 77,200 - 1,780

COGS= $598,020

3 0

4 years ago

In the logistics-systems design matrix, volume, cost and speed of delivery are three variables (assume three levels: low, modera

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Answer:

High volume

Low cost

Moderate speed of delivery.

Explanation:

High - volume : The train can a large volume of goods at a single time as high number of coaches can be added to the train.

Low - cost : As the volume of goods carried in a single time by train is very large therefore the cost of transportation reduces to lowest than other means like air logistics.

Moderate speed of delivery : The speed of logistic delivery from one part to another part is comparatively lower than the air logistics transport system but is more than the road logistics transport system in terms of long distance like in different states.

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3 years ago

ExxonMobil has historically had a very low debt-to-equity ratio within the oil industry, but it recently issued $12 billion in n

Galina-37 [17]

Answer:

The WACC before bond issuance is 3.9% and the WACC after bond issuance is 3.71%

Explanation:

In order to calculate the WACC before bond issuance , we would have to calculate first the cost of equity using capital asset pricing model .

So Using CAPM we have Rf + Beta x Market risk premium

= 0.5% + 0.85 * 4%

= 3.9% . cost of equity

Therefore WACC before bond issuance = (Cost of equity x weight of equity + cost of debt (1-tax) x weight of debt)

= 3.9% . WACC before bond issuance will be equal to cost of equity in this case as there is no debt issue.

In order to calculate the WACC after bond issuance we make the following calculation:

WACC after bond issuance = (Cost of equity x weight of equity + cost of debt (1-tax) x weight of debt)

= (3.9% x 0.9) + (2% x 0.1)

= 3.51% + 0.2%

= 3.71%

4 0

3 years ago

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