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stealth61 [152]
3 years ago
11

Isolde is doing a group presentation on bigamy. she has a very clear idea of how she wants to present the group s information. w

hen she tells the group what her plan is, she does not ask if everyone agrees, but instead just assumes her plan is ok. the rest of the group goes along with the plan so as to avoid conflict. this is an example of ____________.
Business
1 answer:
Agata [3.3K]3 years ago
4 0

The answer is groupthink. This happens when a group values coherence and harmony over accurate analysis and grave evaluation. It causes individual members of the group to unhesitatingly follow the word of the leader and it powerfully discourages any disagreement with the consensus. Groupthink includes individuals to dodge raising provocative issues or another solutions, and there is loss of individual creativity, uniqueness and independent thinking. Antecedent factors for example group cohesiveness, faulty group structure, and situational context play into the possibility of whether or not groupthink will influence the decision-making process.

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Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,450 monthly. The contract currently sells for $114
romanna [79]

Answer:

a. 1.27%

b. 15.24%

c. 16.35%

Explanation:

a. What is the monthly return on this investment vehicle?

The formula for the value of a Perpetuity is;

Value = Payment/ rate

Rate = Payment/ Value

Rate = 1,450/114,000

= 0.0127

= 1.27%

b. What is the APR?

APR is the annual rate. The above figure is the monthly rate.

APR = Monthly rate * 12

= 1.27 * 12

= 15.24%

c. What is the effective annual return?

Effective annual return = [1 + (APR/n)]^n – 1

n is the number of compounding periods which is 12 here for monthly compounding.

= [1 + (15.24%/12)]^12– 1

= 16.35%

5 0
3 years ago
g Credit card applicants have an average credit rating score of 667. Assume the distribution of credit scores is Normal with a s
Marizza181 [45]

Answer:

P(X>700)=P(\frac{X-\mu}{\sigma}>\frac{700-\mu}{\sigma})=P(Z>\frac{700-667}{65})=P(z>0.508)

And we can find this probability using the complement rule and excel or a calculator and we got:

P(z>0.508)=1-P(z

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the rating score of a population, and for this case we know the distribution for X is given by:

X \sim N(667,65)  

Where \mu=667 and \sigma=65

We are interested on this probability

P(X>700)

And the best way to solve this problem is using the normal standard distribution and the z score given by:

z=\frac{x-\mu}{\sigma}

If we apply this formula to our probability we got this:

P(X>700)=P(\frac{X-\mu}{\sigma}>\frac{700-\mu}{\sigma})=P(Z>\frac{700-667}{65})=P(z>0.508)

And we can find this probability using the complement rule and excel or a calculator and we got:

P(z>0.508)=1-P(z

7 0
3 years ago
to calculate your monthly lease payment on a three-year lease using the "residual value" of a $26,500 MSRP car, subtract the 48%
max2010maxim [7]

Answer:

The approximate monthly payment is $383

Explanation:

Here, we want to calculate the approximate monthly payment on a 3-year lease agreement and we have been told what to do in the question.

Firstly, we start off by subtracting 48% residual value from the MSRP

48% of 26,500 = 48/100 * 26,500 = $12,720

We subtract this from $26,500

That will be $26,500 - $12,720 = $13,780

We have 3 years and that is 36 months

So the approximate monthly payment will be;

$13,780 / 36 = 382.7777777777778 which is approximately $383 to the nearest whole digit

6 0
4 years ago
What are some ways to make money through investing in real estate.
UNO [17]
There are a few ways that you can make money in real estate:

CHARGE RENT:
If you own a house, hotel, mobile home, or land that is unused, charge people rent to use your facility/property. 

BUSINESS OPERATION:
Why not start a car wash, convenience store, or a retail store? That's extra income that you have access to!

FLIP HOUSES:
You can easily flip a house by buying any old/run-down house and upgrading it. A profit is almost guaranteed. 
7 0
3 years ago
Rugen Inc., a hospitality chain, hired a large number of military veterans in the hope that it would help put the business in a
Kaylis [27]

<u>Answer: </u>

To avoid the repercussions, Rugen Inc. should have tried to mimic reward and recognition programs that are conducted in the military to acknowledge the employees' contributions.

<u>Explanation: </u>

  • The reason that has been clarified in the case itself states that treatment was the main concern of the veteran employees that were recruited newly.  
  • Had they been given the treatment that they were familiar with, they possibly would not have complained at all.
  • A change in the approach towards the veteran employees would have helped the company retain all the employees.
7 0
3 years ago
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