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MrRissso [65]
3 years ago
12

What do we stand to gain from applying planning principles to supposedly routine activitiesif we believe that planning is so imp

ortant, why, knowing we do this, do we so often rush directly into doing without pausing to plan?
Business
1 answer:
Sever21 [200]3 years ago
6 0

Answer:

Different personal and cultural traits can explain why even though we know that planning our activities help a lot, we rarely do it.

Japanese society is extremely structured and they plan everything. There incredible economic success is the result of that. Once I was travelling on the same tour bus as a group of Japanese tourists, and their tour guide requested them to give him their schedules since being on vacations meant not following a plan. The tourists got all anxious and nervous because they were going to do something different, which was scary for them.

That day I started to question myself as to why I rarely plan things, and on the next days I really tried to do it, but I failed. One of the reasons I failed was that I was the only one planning what to do, no one else at work was. I felt like Cameron Diaz when she was making plans about where she should be planning on how to have fun. It was really boring, that is the reason why Japanese don't have children or even girlfriends, its easier to plan what to do with a doll.

There is something nice and good about being spontaneous, although sometimes I still feel that I need to plan a little more.

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The balance in Accounts Receivable at the beginning of the year amounted to $1,920. During the year, $7,160 of credit sales were
babunello [35]

Answer:

$7,360

Explanation:

To determine the amount of cash inflow from customers open a Total Receivable Account and determine the Cash Balance.

Total Receivable T - Account

<u><em>Debit :</em></u>

Beginning Balance                                           $1,920

Credit Sales                                                       $7,160

Total                                                                  $9,080

<u><em>Credit :</em></u>

Uncollectable expense                                      $500

Cash Received (Balancing figure)                   $7,360

Ending  Balance                                                $1,220

Total                                                                  $9,080

Conclusion :

the amount of cash inflow from customers is $7,360

3 0
3 years ago
Why is cost price important in price determination?​
wlad13 [49]

Answer:

The cost price is the price you buy a product for. You need to compare the cost price to the selling price to know whether you got a profit or loss (did you make money or did you not).

If you don't know the cost price, you don't know whether you have a profit or loss. Of course everyone wants a profit (make money) so to determine a selling price the cost price is important.

6 0
3 years ago
Read 2 more answers
You can insure a $42,000 diamond for its total value by paying a premium of D dollars. If the probability of loss in a given yea
ella [17]

Answer:

E(X) =\sum_{i=1}^n X_i P(X_i)

Replacing the values that we have:

1 = 0.98*a + 0.02(a-42) = 0.98a +0.02a -0.84

And solving for a we got:

1.84 = a

So then the premium value for the insurance on this case should be 1840 dollars.

Explanation:

For this case we can define the random variable X as the gain ( in thousand of dollars) of insurance company

We assume that the premium clase charge and amount of a to the company and we know from the info given that:

p(X=a) = 1-0.02 = 0.98

p(X = a-42) = 0.02

E(X) = 1 represent the expected gain in thousand of dollars

The expected value of a random variable X is the n-th moment about zero of a probability density function f(x) if X is continuous, or the weighted average for a discrete probability distribution, if X is discrete.

And using the definition for a discrete random variable we know that :

E(X) =\sum_{i=1}^n X_i P(X_i)

Replacing the values that we have:

1 = 0.98*a + 0.02(a-42) = 0.98a +0.02a -0.84

And solving for a we got:

1.84 = a

So then the premium value for the insurance on this case should be 1840 dollars.

5 0
4 years ago
The process that facilitates the placement of orders and identifies, attracts, and builds relationships with external customers
Papessa [141]

Answer:

customer relationship process

Explanation:

customer relationship process. a process that identifies, attracts, and builds relationships with external customers, and facilitates the placement of orders by customers, sometimes referred to as customer relationship management.

8 0
3 years ago
WHO IS THIS ECHO PERSON? LIKE WHY ARE YOU GETTING RID OF MY STUFF??
Harman [31]

Answer:

no c

Explanation:

6 0
3 years ago
Read 2 more answers
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