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2 years ago

Departmentalizing decisions increases the risk of __________ leading to a poor decision.

Business

2 answers:

MAXImum [283]2 years ago

6 0

Answer:

Bounded Rationality

Explanation:

To begin with, it is essential to understand the concept of departmentalization.

Departmentalization centers on the idea that departments/divisions within an organization are grouped and/or sectioned, using some identified benchmarks. In extension, Departmentalizing, is simply the acts of engaging in departmentalization.

Bounded rationality, is a phenomenon that states that human reasoning and extension, logic could be threatened by a number of constraints. The constraints here could be human, material and physical resources. The implication is that an individual is not in possession of full details and information that could influence or shape his position.

Hence, by departmentalizing, an organization has placed a constraint on the amount of information accessible to that department, under the bigger context of an organization. Thus, the departments' rationality has been bounded and this could ultimately spiral into poor decision making, principally because of lack of detailed information.

Rina8888 [55]2 years ago

5 0

Answer:

Bounded rationality

Explanation:

Bounded rationality is a situation where a manager is satisfied with limited information available at his disposal , which leads to a poor decision making.

Departmentalizing is a process where a business is broken down into sub division based on the various tasks being carried out , with each of this division headed by a manager.

In such a situation , the managers might not be exposed to every information required or even have a cognitive limitation mindset, Decisions made in such a situation will definitely no be the best

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Answer:

Product characteristics, price structure, placement strategy, and promotional strategy.

Explanation:

The 4p's are product price place and promotion

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1 year ago

Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

masha68 [24]

Answer:

Debit Petty Cash $250; credit Cash $250

Explanation:

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Debit Petty Cash $250

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2 years ago

Angelina's made two announcements concerning its common stock today. First, the company announced that its next annual dividend

Agata [3.3K]

Answer:

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid

r = cost of equity

g = growth rate

2.2 / 0.1 - 0.05 = 44

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2 years ago

Your father is now planning to retire, and his employer has promised him a guaranteed, but fixed, income of $50,000 per year for

ohaa [14]

Answer:

Explanation:

You need to use the Inflation-Adjusted Return formula:

$InflationAdjustedReturn=\frac{1+return}{1+inflationrate}-1$

So, basically you need to calculate it year by year. You can use excel, or an online calculator. I will attached you a link where you can find a good one. But this would be the process

$InflationAdjusted ReturnYear1=\frac{1+return}{1+inflationrate}-1=\frac{1+50000}{1+0.05}-1=47,619$

$InflationAdjusted ReturnYear2=\frac{1+returnyear1}{1+inflationrate}-1=\frac{1+47,619}{1+0.05}-1=45,351$

$InflationAdjusted ReturnYear3=\frac{1+returnyear2}{1+inflationrate}-1=\frac{1+45,351}{1+0.05}-1=43,192$

And so on...

$InflationAdjusted ReturnYear20=\frac{1+returnyear19}{1+inflationrate}-1=\frac{1+19,787}{1+0.05}-1=18,844$

Keep in mind that I did not write all decimals. You need to consider them if you want an exact answer

Online calculator:

https://www.ameriprise.com/research-market-insights/financial-calculators/savings-taxes-inflation/

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3 years ago