The correct answer is Administrative decision making model.
The Administrative decision making model assumes incomplete information and bounded rationality.
<h3>What is Administrative decision making model?</h3>
- The theory of decision making was given by a famous psychologist, economist and sociologist. His name was Herbert Simon.
- He even received a Nobel Prize in Economics.
- The Administrative decision making model is a kind of a descriptive model.
- It gives us an overview of how people and managers actually make decisions in difficult situations.
- Another kind of model that Simon gave was the Rational decision making model.
- It is when people use the available facts and information to make their decisions.
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Answer:
current FLOATING EXCHANGE rate
Explanation:
Exchange rate is the rate at which one currency will be exchanged with another. For example, 1 United States Dollar is equivalent to 4.24 Poland Zloty as of March 2020.
There are two common types of exchange rates:
1. Floating exchange rate: This is set by the FOREX market, and is based on the current supply and demand of currencies. When demand for a currency is high, its value increases and vice versa.
2. Fixed exchange rate: A fixed or pegged exchange rate is whereby a government entirely determines the rate and value of the currency.
Generally, a floating exchange rate system is used in the global market. This does not mean countries allow their currencies to fluctuate endlessly. The central bank of a country and it's government does intervene and manipulate the currency to make it favorable for them during international trade but it is done in a more indirect manner as opposed to a fixed exchange rate system.
Answer:
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No, dell will not be responsible for the damage to the computer because the title transfers to the buyer once the good is delivered to a common carrier.
The parent company of Dell Technologies, which owns Dell, is an American technology firm that creates, markets, fixes and supports computers and related goods and services. A person or business that delivers people or things for a fee and declares that their service is accessible to the general public is known as a common carrier. Common carriers include, for instance, shipowners, railroads, airlines, taxi services, etc.
Since common carriers offer vital public services, they may be subject to stricter state and federal laws as well as increased government oversight. In general, a common carrier is one that, absent compelling reasons to the contrary, must offer its services to anybody willing to pay its rates.
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