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kobusy [5.1K]
4 years ago
5

Whenever there is an errand to run around lunchtime, Abdul always volunteers. His boss thinks this is because Abdul is a highly

motivated, ambitious worker, but in fact something quite different is happening: Abdul has a crush on a young woman from the same office complex who always eats her lunch in the courtyard, so those lunchtime errands give him a chance to see her and, if he is lucky, talk to her. The boss is subject to the _____________.
Business
1 answer:
Shtirlitz [24]4 years ago
6 0

Answer:

Fundamental attribution error.

Explanation:

Fundamental attribution error refers to people's cognitive prejudiced in assuming that the behavior of an individual relies on what kind of person he is instead of on the social and environmental variables that determine that person. It refers to the tendency to describe the conduct of someone based on internal factors, such as personality and to underestimate the impact external factors, such as situational factors, have on actions of the person concerned. As per the question, underestimating the environmental factors to explain Abdul's behavior reflects the fundamental attribution error of his boss.

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Which of the following is an example of an action that is part of making a rational choice
almond37 [142]

Doing a cost benefit analysis is a part of making a rational choice.

<u>Explanation:</u>

Cost benefit analysis, some of the time likewise called benefit cost analysis or advantage costs investigation, is an efficient way to deal with assessing the qualities and shortcomings of choices used to decide choices which give the best way to deal with accomplishing benefits while safeguarding reserve funds.

A cost-benefit analysis is the simplest way of comparing your options to determine whether to go ahead with a project. The idea is to weigh up project costs against benefits, and identify the action that will give you the most bang for your buck.

7 0
4 years ago
An amount of $46,000 is borrowed for 9 years at 4% interest, compounded annually. if the loan is paid in full at the end of that
Eddi Din [679]
<span>$65,472.34 The formula for compound interest is: A = P(1+r/n)^(nt) where A = Future amount P = Principle r = annual interest rate n = number of periods per year t = number of years So let's substitute the known values and calculate: A = P(1+r/n)^(nt) A = 46000(1+0.04/1)^(1*9) A = 46000(1+0.04)^9 A = 46000(1.04)^9 A = 46000(1.423311812) A = 65472.34 So $65,472.34 needs to be paid back after 9 years.</span>
5 0
4 years ago
For the purchase of a smartphone, an independent rating agency indicates that many consumers use price, display, camera quality,
Juliette [100K]

Quality is used to assesses the dimension of the products for reaching its fame among customers.

<u>Explanation:</u>

  • The Product is said to be good only when it satisfies the best quality norms the quality is considered as the main dimension for purchasing the product.  
  • Quality is not considered as just a word but it contains many factors such as durability, reliability, aesthetics, conformance,  price, serviceability, performance, and features of the particular product in all sorts of time with any sort of usage prescribed for it.
3 0
4 years ago
Acme expected demand for rocket-powered roller skates to pick up during roadrunner season, so they built hundreds of extra pairs
Svetach [21]

Acme expected demand for rocket-powered roller skates to pick up during roadrunner season, so they built hundreds of extra pairs and stored them out of season. The excess production is buffer stock.

Demand is the amount of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.

Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.

Learn more about demand here:brainly.com/question/1245771

#SPJ4

4 0
2 years ago
Calculate the presentvalue of $5,000 received five years from today if your investments pay a. 6 percent compounded annually b.
Goryan [66]

Answer: 3736.30 ,  3402.90 ,  3104.60 , 3069.56 , 3051.35

Explanation: We can compute present values by using the following formula :-

=\:present\:value\:=\frac{future value}{\left ( 1+interest\:rate\right )^{no. of periods}}

=\:present\:value\:=\frac{5000}{\left ( 1+o.o6\right )^{1}} = 3736.30

=\:present\:value\:=\frac{5000}{\left ( 1+o.08\right )^{1}} = 3402.90

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{1}} = 3104.60

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{2}} = 3069.56

=\:present\:value\:=\frac{5000}{\left ( 1+o.1\right )^{4}} = 3051.35

7 0
3 years ago
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