1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Artemon [7]
3 years ago
6

When decision makers seek out information that reaffirms their past choices and discount information that contradicts past judgm

ents, they are exhibiting the ________.
Business
1 answer:
lozanna [386]3 years ago
3 0

Answer:

They are exhibiting confirmation bias

Explanation:

Confirmation bias occurs when a person discards information that does not validate his pre-existing beliefs, and only takes into account the information that does validate those same pre-existing beliefs.

If a decision maker only seeks out information that does not contradict their past judgments, they are exhibiting confimation bias because they are preventing their past judgments and views from being challenged.

You might be interested in
How changes in suppliers affect retail business industry?​
Bumek [7]

Explanation:

even if the goods are not famous or product which is not good quality then the production gets stoped.

8 0
2 years ago
Green Inc. made no adjusting entry for accrued and unpaid employee wages of $38,000 on December 31. This error would Multiple Ch
Naya [18.7K]

Answer:

The answer is B. Overstate net income by $38,000.

Explanation:

Accrued expense is an expense that has been enjoyed or incurred but has been paid for. Examples of an accrued expense are unpaid wages/salary, unpaid electricity bill etc.

Usually, the adjusting entry for accrued expense is to debit the expense and debit increases expense while credit decreases it. Since there is no adjusting entry, that means no expense is being recognized on the income statement for this transaction. Hence, the net income increases (overstated). because ordinarily expense reduces net income.

4 0
3 years ago
Hankson Corp. has five strategic business units (SBUs)—information technology, insurance, publishing, fine arts, and tourism. It
MAXImum [283]

Answer:

B. Stars

Explanation:

Stars operate in high growth industries and maintain high market share. Stars are both cash generators and cash users. They are the primary units in which the company should invest its money, because stars are expected to become cash cows and generate positive cash flows.

3 0
3 years ago
Using the estimated sales and production of 140,000 boxes of Chap-Off, the Accounting Department has developed the following man
Alchen [17]

Answer:

Silven Industries

If Silven buys its tubes from the outside supplier, it will be able to avoid $1.10 of its own Chap-Off manufacturing costs per box

Explanation:

a) Data and Calculations:

Estimated Production and Sales Units of Chap-Off = 140,000 boxes

Manufacturing cost per box:      Avoidable costs

Direct material              $ 3.70           $0.74 ($3.70 * 20%)

Direct labor                      2.00             0.20 ($2.00 * 10%)

Manufacturing overhead 1.60              0.16 ($1.60 * 10%)

Total cost                      $ 7.30            $1.10

Outside supplier's price for tubes = $1.20 per box

b) Unless there an alternative use for the machine used in making the tubes internally exists, it may not be cost-effective for Silven to buy from the outside supplier.  Alternatively, it should renegotiate a price per box that is less than $1.10 in order to stop making the tubes internally.

8 0
3 years ago
What are your thoughts about starting out too large to maintain stability, as opposed to
Scrat [10]

I believe that the best method to maintain stability is to <u>start small </u><u>and then </u><u>grow</u><u>. </u>

<h3>Problems with starting out large</h3>
  • Lack of experience in managing problems that may arise.
  • Less loyalty due to upper management being far from lower employees.
  • Less chances of discovering competitive advantage.

When one starts small and grows however, they will be able to deal with problems as they come and gain the experience necessary to overcome such problems.

They will also discover their competitive advantage during growth which they can then leverage on as they grow to become even more competitive. Growth also allows management to be more in tune with lower employees as they would be hired gradually.

In conclusion, starting small and growing is key.

Find out more about competitive advantage at brainly.com/question/16101275.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Which type of checking account pays interest on the mean balance of the bank account during a particular cycle
    13·1 answer
  • Because poor people areless likely to have __________ adequate healthcare, guaranteeing everyone in society the best healthcare
    14·2 answers
  • Consider the market for white athletic socks, which consumers consider to be identical products. If the demand is very elastic a
    12·1 answer
  • On September 1, 2021, Daylight Donuts signed a $188,000, 6%, six-month note payable with the amount borrowed plus accrued intere
    15·1 answer
  • ADVANCED ANALYSIS Assume the following values for Figures 4.4a and 4.4b: Q1 = 20 bags. Q2 = 15 bags. Q3 = 27 bags. The market eq
    15·1 answer
  • There are two categories of cash flows: single cash flows, referred to as "lump sums," and annuities. Based on your understandin
    13·1 answer
  • Burns Company incurred the following costs during the year: direct materials $23.70 per unit; direct labor $13.10 per unit; vari
    12·1 answer
  • The American Recovery and Reinvestment Act, signed by President Barack Obama in 2009, aimed at: Group of answer choices providin
    13·1 answer
  • SKRAM Corporation is appealing directly to the shareholders of IDNIC Corporation to acquire shares of IDNIC stock. This appeal i
    10·1 answer
  • Producer c has written 25 policies over the last 12 months, 4 of which have been issued to his employees in a side business, acc
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!