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sdas [7]
3 years ago
10

Dan works 50 to 60 hours a week supervising a group of engineers. He realizes that he is spending too much time training new eng

ineers and starts thinking about new options. He could delegate the training to the senior engineers, ask the human resources department to offer training seminars, or require better work experience from all future employees. Which step in the rational model of decision making is Dan performing here
Business
1 answer:
7nadin3 [17]3 years ago
8 0

Answer:

The correct answer is letter "B": Identifying alternative solutions.

Explanation:

The rational model of decision making assumes individuals have all available information necessary, academic background and skills to come up with the best decision given a problematic situation. There are six (6) steps those individuals tend to follow according to the approach:

  • <em>Identifying the problem </em>
  • <em>Identifying the decision criteria </em>
  • <em>Measure the selected criteria </em>
  • <em>Create a list of alternatives </em>
  • <em>Analyze the alternatives </em>
  • <em>Choose the optimal decision </em>

<em />

By creating a list of alternatives the individual makes sure to have a contingency plan in case the selected choice does not work. Individuals could choose the next best available solution to attempt to solve the problematic situation.

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3 years ago
Assume that locating a cement factory in the middle of Boston would save the producer $5 million at a public expense, in polluti
never [62]

Answer:

$5 million

Explanation:

If we follow the Coase Theorem, the appropriate solution to this case should be obtained regardless of initial rights. In this case, the factory saves $5 million to the producer, but it costs $10 million to Boston residents. if Boston residents pay $5 million or more to the factory owner, then both would benefit. Boston residents will gain $10 - $5 = $5 million, as well as the factory owner.

7 0
3 years ago
Puffin Corporation makes a property distribution to its sole shareholder, Bonnie. The property distributed is a car (basis of $3
Svetllana [295]

Answer:

Puffin’s E & P after taking into account the distribution of the car is $6,000.

Explanation:

E & P will be decreased by the higher of the adjusted basis or the fair market value of the distributed property, net of any liabilities. The distribution losses will not be taken into consideration when determining E & P. Thus the current E & P of Puffin’s $30,000 is reduced by $24,000 ($30,000 basis of the car minus the liability amount). The remaining after the distribution current E & P will be $6,000.

Therefore, Puffin’s E & P after taking into account the distribution of the car is $6,000.

5 0
3 years ago
If your investment doubles in 6​ 3/4 years, what approximate annual rate of return would you have​ earned? If you could earn an
Akimi4 [234]

Answer:

annual rate of return  = 10.67 %

time required for investment double = 9.60 years

Explanation:

given data

investment doubles = 6 \frac{3}{4} year

annual rate = 7.50%

solution

we get here annual rate of return by rule no 72 that is

investment doubles = \frac{72}{annual\ return \ rate }     ........1

put here value

annual rate of return = \frac{72}{6\frac{3}{4} }

annual rate of return  = 10.67 %

so time required for investment double by rule 72

time required for double investment = \frac{72}{7.50}

so time required for investment double = 9.60 years

6 0
3 years ago
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