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RSB [31]
3 years ago
15

Tom is faced with a situation in which he must make a decision. Which of the following best describes the order of the steps of

the decision making process. Tom should use to come to a decision?
A. Identify the outcomes, identify the courses of action, determine the pay-off function and then choose from the alternatives.
B. Identify the course of action, determine the pay-off function, identify the outcomes and then choose from the alternatives.
C. Determine the pay-off function, identify the course of action, identify the outcomes and then choose from the alternatives.
D. None of the above.
Business
1 answer:
VikaD [51]3 years ago
6 0

Answer:

B is the correct option

Explanation:

First tom must identify the course of action of the decision, determine the pay-off function. then, identify the outcomes and then choose from the alternatives.

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3 years ago
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Monica is interested in changing careers, and she needs to find a job Web site that lists careers from all industries. What type
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On August 1, Steffen Computers, Inc. purchased thirty computer chips on account from a company located in Taiwan for 520,000 Tai
Vsevolod [243]

Answer:

(C) debit to Foreign-Currency Transaction Loss-$1040

Explanation:

Foreign currency related Financial assets and financial liabilities are usually revalued with any difference as a result of the exchange rates posted as a gain or loss in the income statement.

On transaction date, cost of assets

= 520000 * $0.034

On payment date, the amount paid

= 520000 * $0.036

The amount paid is higher than the liability recorded before hence the difference is recognized as a loss on foreign exchange.

= 520000 * $0.036 - 520000 * $0.034

= $1040

4 0
3 years ago
Pharma One’s analgesic drug KleenKare has a 50% share in the analgesics market in the country of Syria. Its closest competitor,
elixir [45]

Answer:

Pharma One

The statement that indicates that KleenKare is a cash cow according to the the Boston Consulting Group (BCG) matrix is:

2. The demand for analgesic drugs in the Syrian market is expected to maintain a low-growth, high-share status.

Explanation:

A cash cow depicts the BCG matrix quadrant where there are higher returns, high market share in a low-growth market.  The cash cow requires little investment to generate high returns.  It also provides the cash for financing the other quadrants (dogs, stars, and question marks).  Basically, the BCG matrix, also known as the Growth/Share Matrix, depicts the products' growth opportunities.

4 0
3 years ago
The agreed cost of an item to be purchased by a business on credit is $4,000. The applicable cost will be debited to advertising
Hoochie [10]

Answer:

$4,480

Explanation:

The total amount to be recorded as expense would include the cost of the item purchased an the values of the applicable taxes.

As such, the advertising expense would include the value of the goods and services tax as well as the provincial sales tax with both tax rates applied to the applicable cost.

Goods and services tax = 5% × $4,000

= $200

Provincial sales tax = 7% × $4,000

= $280

Total debit to advertising expense

= $4,000 + $200 + $280

= $4,480

7 0
3 years ago
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