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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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Answer:

4. Available investments

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To enable me estimate my available investments, I need my bank statements, credit statements and record of cash expenses

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Ben has ​$2 comma 000 in his savings account and the bank pays an interest rate of 14 percent a year. The inflation rate is 9 pe
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Answer: After Tax Nominal Rate - 12.6%

After Tax Real Rate - 3.6%

Explanation:

<em>Real Rate of return is defined as the nominal interest rate less inflation. </em>

The After Tax Real Rate therefore caters for tax from the Nominal rate and then deducts Inflation.

The formula is,

= Nominal Rate( 1 - tax rate) - Inflation rate

= 14% ( 1 - 10% ) - 9%

= 14 ( 90% ) - 9

= 3.6%

The <em>Nominal Rate is simply the Real Rate plus Inflation</em>. The After tax real rate has already being found so the After Tax Nominal Rate is,

= 3.6 + 9

= 12.6%

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3 years ago
Lower-level managers are empowered to make decisions in a ______ organization, which can ________ motivation and job satisfactio
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Lower-level managers are empowered to make decisions in a decentralized organization, which can increase motivation and job satisfaction.

<h3>What is motivation?</h3>

Motivation is the reason why humans and other animals begin, continue, or discontinue an activity at any particular time. Motivational states are typically viewed as internal forces that induce a desire to engage in goal-directed conduct.

Extrinsic. Performing an action in order to achieve or prevent a specific result. Many of the things you perform every day are probably extrinsically driven.

Intrinsic. Internal motivation for success or a sense of purpose

Family. Motivated by a desire to provide for your family.

Finding strategies to improve motivation is critical because it allows us to modify our behavior, develop competences, be creative, create objectives, expand our interests, make plans, develop talents, and increase involvement.

To know more about motivation follow the link:

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One day Barry was discussing with the marketing manager of a larger retail store regarding their new ad program. Barry was clear that the ad will be broadcasted around the clock all over the town if they agree with their radio station. He told that the ad will be aired day after tomorrow if the manager is ready to sign today.

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3 years ago
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Answer:

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Placing an issue on the list of public agenda does not occur overnight. The issue that is to be placed on public agenda needs to meet some certain criteria.

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