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Sladkaya [172]
3 years ago
10

Tom told his son, bobby, to go out and rake leaves. bobby went outside but raked pretty slowly (one bag in 2 hours). tom told bo

bby that he would pay him $1 per bag. in the next two hours, bobby raked 6 bags. data collected in the first 2 hour period is called __________ data
Business
1 answer:
neonofarm [45]3 years ago
3 0
<span>So when tom told his son he will a given a reward of $1 for every bag of leaves raked, the efficiency of the work increased from 1 bag in 2 hours to 6 bags in 2 hours. So here the idea of treatment data is utilized in the first 2 hour period as tom was observing how his son will fare without any reward. This is technique from behavioral strategy.</span>
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3. There a number of market entry strategies that businesses use in entering into markets outside their countries. a) Distinguis
sattari [20]

Answer:

a) Distinguish between the use of Franchising and Joint Venture as modes of entry into other countries by global businesses.

Franchising consists in the licensing of aspects of production and intellectual property to a another party: the franchise.

A Joint Venture is a business union between two or more parties, in which they split profit as well as costs and responsabilities.

b) What are the respective advantages and disadvantages of both strategies?

Franchising can be a quicker way to expand into foreign markets. The flexibility of the method, and the lower capital requirements are the reason why. This can be seen in the success that American fast-food brands have had using this method to expand in global markets.

A Joint-Venture can be more difficult to use for market expansion, however, it can be more profitable, because the profit will not be split among as many parties as in franchising, and more importantly, the firm maintains a higher control of the operation.

7 0
3 years ago
A current loan balance is $118,000 on a 30-year loan at 7% interest, with a monthly payment of $831.63 for principal and interes
shusha [124]

Answer:

$143.30

Explanation:

In order to determine the principal reduction payment, the monthly interest will need to be calculated. The interest will then be deducted from the total monthly payment to compute the principal reduction payment:

Annual Interest           = $118,000 X 7/100

                                   = $8,260

Monthly interest         = $8,260/12

                                   = $688.33

Principal reduction    =  $831.63 - $688.33

                                   = $143.30

6 0
4 years ago
If the economy booms, RTF, Inc., stock is expected to return 13 percent. If the economy goes into a recessionary period, then RT
Furkat [3]

Answer: 0.000903

Explanation:

Expected return is the sum of the probability that the other returns will happen.

= (13% * 83%) + (5% * 17%)

= 10.79 % + 0.85%

= 11.64%

Variance = ((Return during boom - Expected return)²*probability of boom) + ((Return during recession - Expected Return)²*probability of recession)

Variance = ((13% -11.64%)² * 83%) + (5% - 11.64%)² * 17%)

= 0.0001535168 + 0.0007495232

= 0.000903

6 0
3 years ago
The process of generating and choosing from a set of alternatives to solve a problem is called:________a. Intuition. b. Satisfic
MatroZZZ [7]

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.

5 0
3 years ago
On december 2017 coolwear had a balance in its prepaid insurance acount of 68,400. During 2018, 106,000 was paid for insurance.
NNADVOKAT [17]

Answer:

$132,400

Explanation:

Calculation for the Insurance expense

Using this formula

Insurance expense= 2017 Ending Balance in prepaid insurance account+ Amount paid for insurance-2018 Ending Balance in prepaid insurance account

Let plug in the formula

Insurance expense=$68,400+$106,000-$42,000

Insurance expense=$132,400

Therefore the Insurance expense recorded 2018 would be $132,400

8 0
3 years ago
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