1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allochka39001 [22]
3 years ago
11

What is the third stage of the rational model of decision making? Identify the problem or opportunity. Implement and evaluate th

e chosen solution. Develop alternative solutions. Evaluate alternatives and select a solution.
Business
2 answers:
Sever21 [200]3 years ago
8 0

Answer: Evaluate alternatives and select a solution.

Explanation: Strategist and decision makers in an organization are constantly being tasked coming up with solutions to arrest recurring organizational challenges or problem and adopting certain business principle or strategy. Decisions made in the Bea interest of an organization by Strategist using logical inference after having studied and evaluated available and feasible alternatives could be referred to as employing the rational model of decision making. The third stage in this model is the evaluation of alternatives and selecting a solution based in available information. This stage is usually preceeded by identifying the problem and defining the decision criteria.

max2010maxim [7]3 years ago
3 0

Answer:

Evaluate Alternatives and Select a Solution.

Explanation:

There are five steps in the rational decision making model of which the third stage is the evaluation of alternative plans and policies. These are measurements that highlight success and failure of alternatives. This stage includes secondary and final analysis. Thus, the options information are evaluated to establish possible consequences of each alternative.

You might be interested in
Catherine works for BluCorp, which has an employee handbook stating that employees will be terminated for good cause. Catherine'
barxatty [35]

Answer:

b. contract exception to employment at will.

Explanation:

The implied contract exception to employment law is available in at-will employment. BluCorp may be found liable for breach of contract firing Catherin due to be violating an implied employment contract.

Implied employment contracts are seen when there are employer's personnel policies stating that an employee will not be fired except for good and fair cause.

7 0
3 years ago
"Gamboa, Inc. sold 100 selfie sticks for $25 each. If the selfie sticks had an average cost of $1 to produce, how much profit di
IRISSAK [1]

Answer:

$2400

Explanation:

Average cost is the ratio of total cost of production to the total number of units produced, it is the sum of both the average fixed cost and the average variable cost. The average cost is given by the formula:

Average cost = Total cost / number of units.

Given that:

The total number of units produced = 100 selfie sticks, Average cost = $1 and Price of each selfie stick = $25

From Average cost = Total cost / number of units.

Substituting gibes:

$1 = Total cost / 100 selfie stick

Total cost = $1 × 100 = $100

Total cost = $100

Revenue = Price per item × Number of items

Revenue = $25 × 100 = $2500

Profit = Revenue - Total cost

Profit = $2500 - $100 = $2400

Total cost = $2400

5 0
3 years ago
Taxes that have wealthy people pay a higher rate of tax than average or poor people are called __________.
Furkat [3]
Taxes that have wealthy people pay a higher rate of tax than average or poor people are called Progressive tax. It is the type of tax that goes on increasing with increase of income. The people with higher income pays a higher amount of tax than the people with lower income. I hope the answer has helped you.
4 0
3 years ago
The following costs and useful life data are associated with two new machines being considered at Arun Tech Inc.
Sidana [21]

Answer:

Machine B has a higher NPV therefore should be produced

Explanation:

The machine with the higher Net Present Value (NPV) should be produced .

NPV of Machine A

PV of cash flow

PV of annual profit = A × (1- (1+r)^*(-n)/r

A- 92,000, n- 11, r- 12%

PV = 92,000 × (1- (1.12^(-11)/0.12 = 546268.32

PV of salvage value = 13,000× 1.12^(-11)= 3737.189

NPV =  546268.320 + 3737.189  -250,000 = $300,005.50

NPV of Machine B

A- 103,00, n- 19, r- 12%

PV = 103,000 × (1- (1.12^(-19)/0.12= 758675.0165

Pv of salvage value = 26000× 1.12^(-19)= 3018.776199

NPV =758675.0165  + 3018.77  -460,000 = $301,693.79

Machine B has a higher NPV , therefore should be produced.

6 0
3 years ago
Read 2 more answers
The standard hours allowed is ________. the direct labor-hours that should have been used to complete the planned output for the
Ket [755]

Answer:

B. the direct labor-hours that should have been used to complete the actual output for the period.

Explanation:

Standard hours is the amount of time or hours of labour time taken to complete the period's actual output. It is the time that should have been taken to complete the period's actual output.

It is usually calculated by multiplying standard hours allowed per unit by actual output for the period.

7 0
3 years ago
Other questions:
  • Market research should be conducted:
    11·1 answer
  • Jorge is creating a directory of student phone numbers and addresses. He performed a query to obtain the data he will include. H
    8·2 answers
  • You must pick one of two​ wagers, for an outcome based on flipping a fair coin. 1. You win ​$440 if it comes up heads and lose ​
    6·1 answer
  • 2. Someone looking to buy a franchise needs to consider the brand's failure rate. For
    6·1 answer
  • Are there any benefits for the law being "Vague and Variable"?
    9·1 answer
  • Great Cruiseline offers nightly dinner cruises off the coast of​ Miami, San​ Francisco, and Seattle. Dinner cruise tickets sell
    12·1 answer
  • Mahugh Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
    5·1 answer
  • List and explain various needs of a business for which funds are required​
    8·1 answer
  • Income statement data for Whirlpool Industries from the company’s 2016 financial statements follow. Use these data to reformulat
    9·1 answer
  • True or false: A capital gain on a stock is counted as part of the total return whether or not the gain is realized from selling
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!