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3 years ago

These are steps in the decision-making process except for _____.

Business

2 answers:

xenn [34]3 years ago

8 0

Going With Your First mind Because It's Not In The Thinking Process

ipn [44]3 years ago

3 0

The options are:

know yourself
identify options
create at least two plans
select the best option

Answer:

Know yourself

Explanation:

The steps in the decision making process are:

Defining the Problem
Analyzing the Problem
Developing Alternative Solutions (identify options and create at least two plans)
Evaluating Alternatives
Selecting the Best Alternative (select the best option)
Implementing the Decision

As you can see, know yourself doesn't fit anywhere in the decision making process.

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Is bussines studies hard?

alexdok [17]

Answer:

Explanation:

I took it last year

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2 years ago

Read 2 more answers

The following data apply to Elizabeth's Electrical Equipment: Value of operations $20,000 Short-term investments $1,000 Debt $6,

Liula [17]

Answer:

b. $50.00

Explanation:

Intrinsic per share stock price immediately after the repurchase will be $50

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2 years ago

ATech has fixed costs of $7 million and profits of $4 million. Its competitor, ZTech, is roughly the same size and this year ear

Triss [41]

Answer: Degree of Operating Leverage

A Tech = 2.75

Z Tech = 3

Explanation:

As defined in question itself,

Degree of Operating Leverage = $1 + \frac{fixed\ cost}{Profit}$

As here, it is provided that profit for both the companies are same amounting $4 million.

Although the fixed cost differ by $1 million.

A Tech Degree of operating Leverage = 1 + $\frac{7,000,000}{4,000,000}$ = 2.75

Z Tech Degree of Operating Leverage = 1 + $\frac{8,000,000}{4,000,000}$ = 3

This clearly demonstrates that A Tech will reach its break even faster than the Z Tech as the ratio of fixed cost to variable cost is lower in A tech in comparison to Z Tech.

5 0

3 years ago

2. A welder and a carpenter decided to get out of the construction industry and build farm trailers instead. From building a few

Firlakuza [10]

Answer:

Answer is explained in the explanation section below.

Explanation:

Data Given:

Material Cost Per Trailer = $500

Material Cost plus Profit Per Trailer (15%) = $500 + 75 = $575

Selling Price = $1000

Labor Cost Remaining Per Trailer = $425

Formula to Calculate the number of Trailers:

X = X1 ( $N^{S}$ )

Where,

N = number of Trailers

S = Slope Parameter

X = $425

X1 = $700

So, First we need to find the slope parameter, in order to calculate the number of trailers to be built.

S = $\frac{log \alpha }{log 2}$

where, α = 0.85 rate of improvement.

Plugging in the values into the formula, we get:

S = $\frac{log (0.85) }{log 2}$

S = -0.234

Now, we can easily find the number of trailers.

X = X1 ( $N^{S}$ )

Plugging in the values,

425 = 700 x ( $N^{-0.234}$ )

Solving For N, we get:

N = 8.4 Trailers

N = 9 Trailers.

Hence, 9 Trailers must be built in order to realize this rate of profit.

8 0

2 years ago

In a capitalist system, prices are controlled by A. the law of supply and demand. B. the Federal Reserve Board. C. the consumer

GrogVix [38]

A) the law of supply

i am in a business class about to go to college to major in business :)

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2 years ago