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Shkiper50 [21]
4 years ago
9

The process of generating and choosing from a set of alternatives to solve a problem is called:________a. Intuition. b. Satisfic

ing c. Decision making d. Bounded rationality. e. Learning orientation.
Business
1 answer:
MatroZZZ [7]4 years ago
5 0

Answer:

c. Decision Making

Explanation:

In psychology, decision-making is considered a cognitive process that results in the selection of an idea or movement among other alternative or possible options. Each decision-making process, whether or not it results in a move, necessarily provides a final choice. To be defined, decision-making is when the decision-maker determines and selects alternatives based on their preferences and values. Decision making can be seen as a problem solving process that results in a satisfactory solution. Since this process is based on personal and / or publicly known information, the result may be rational or irrational. The performance of people, based on their decisions, has been the subject of research in several ways:

1) Psychological: evaluating people's decisions based on individual needs, preferences and values

2) Mental: decision-making is seen as a continuous process where communication with environmental factors is integrated.

3) Must be (normative): analysis of individual decisions, taking into account decision-making or communicative reasoning, and the constant, unchanging choices caused by these

Intuition - the term used in different meanings in philosophy, mysticism, esotericism and different doctrine systems.

Types of use:

1) In some philosophical trends, the search for the facts that cannot be grasped by reason is considered within the scope of intuition.

2) In spiritism, it is accepted that intuition is manifested by influences stemming from various factors rather than a person's own thought, which is usually a disembodied soul. For this reason, the spiritualists call the intuitive contact to the spiritual contacts in which the notifications containing high information are received.

3) According to gnostics and antiquity initiates, there are three kinds of information in the path of spiritual enlightenment, from which knowledge that can be learned through teaching is called mathesis, knowledge that can be acquired through feeling or suffering, and knowledge that can be learned through intuition is called gnosis. Initiations, the ones who reach the highest stage, that is, those who reach the initiation stage, are informed by transferring the intuition they receive through their surroundings. This initiation of the initiate is represented by the symbolism of the seed becoming a plant in some initiations, and the torch symbol in some initiations.

4) When the intuition called inspiration is reflected in word or writing style, it is called revelation. The word revelation is not only a term used for prophets. The term was known and used before the arrival of Islam in the Arabs.

Satisficing is a concept of decision theory that refers to the strategy that tries to meet the adequacy criteria, rather than finding an optimal solution.  The word satisficing is a neologism (more precisely, a fruit salad) coined by Herbert Simon composed of the English words "satisfy" = satisfaction and "suffice" = sufficiency.  Herbert Simon pointed out that humans lack the cognitive resources to maximize: usually they do not know how likely the various outcomes are, we can rarely evaluate all the results with sufficient precision, and our memory is weak and not very reliable.  A more realistic approach to rationality takes these limitations into account: limited rationality.

Bounded rationality is a concept that is observed in the case of incomplete or asymmetric information and suggests that people behave in a limited rational way instead of behaviors depicted as rational human behaviors in classical economic theory and that these movements do not have full knowledge about the market. Terms such as lemon problem, inverse selection problem, game theory and moral collapse are related to the concepts of limited rationality.

The Learning Orientation scale measures the tendency or habit of striving to increase your knowledge and skills; value the educational process as a means of achieving mastery of the task; be interested in complex activities; and the use of information retrieval as a personal strategy in solving problems.

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Suppose you deposit $8,500 into an account earning 5.0% interest compounded annually. Determine the amount of money that will be
garik1379 [7]

Answer:

$ 15,264.78

Explanation:

Using the excel formula FV() you can calculate the amount to be received after 12 years. The diagram will be: Period Amount  Payment interest Amount + interest

1  8,500.00   425.00   8,925.00  

2  8,925.00   446.25   9,371.25  

3  9,371.25   468.56   9,839.81  

4  9,839.81   491.99   10,331.80  

5  10,331.80   516.59   10,848.39  

6  10,848.39   542.42   11,390.81  

7  11,390.81   569.54   11,960.35  

8  11,960.35   598.02   12,558.37  

9  12,558.37   627.92   13,186.29  

10  13,186.29   659.31   13,845.60  

11  13,845.60   692.28   14,537.88  

12  14,537.88   726.89   15,264.78  

7 0
3 years ago
Suppose the rate of return on a 10-year T-bond is currently 5.00% and that on a 10-year Treasury Inflation Protected Security (T
olganol [36]

Answer:

1.90%

Explanation:

For TIPS provide rate of real rate,

Inflation rate=return on T bond-return on TIPS-maturity risk premium and it is equal to

= 5%-2.10%-1%=1.90%.

Therefore the expected rate of inflation over the next 10 years is 1.90%

3 0
3 years ago
Read 2 more answers
An investment had a nominal return of 11.1 percent last year. If the real return on the investment was only 7.3 percent, what wa
nordsb [41]

Answer:

inflation rate= 3.8%

Explanation:

Giving the following information:

Nominal return= 11.1 percent

Real return= 7.3 percent

<u>The real return on investments is the difference between the nominal return and the inflation rate.</u>

Real return= nominal return - inflation rate

inflation rate= nominal return - real return

inflation rate= 11.1 - 7.3

inflation rate= 3.8%

7 0
3 years ago
Irene has made Sara an offer on the purchase of a capital asset. Irene will pay (1) $200,000 cash or (2) $50,000 cash and a 6% i
AlexFokin [52]

Answer:

Irene would prefer the instalment sale because she can defer the payment of tax until a future date. On the other hand, if she accept the cash sale, she would have to pay the tax immediately. The amount invested in certificate of deposit would be after tax.

Thus the value of an instalment payment would be greater than the value of a cash payment

Explanation:

5 0
3 years ago
A bank has an interest rate spread of 150 basis points on $30 million in earning assets funded by interest-bearing liabilities.
SpyIntel [72]

Answer:

$300,000

Explanation:

Data provided in the question;

Interest rate spread of the bank = 150 basis points

Earning assets funded by interest-bearing liabilities = $30 million

Now,

The new interest rate spread = 150 basis points - 50 basis points

or

The new interest rate spread = 100 bps

or

The new interest rate spread = 1%

Therefore,

the bank's new pretax net interest income will be

= $30 million × 1%

= $30,000,000 × 0.01

= $300,000

8 0
3 years ago
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