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Nadya [2.5K]
3 years ago
13

Which decision-making perspective assumes that consumers diligently gather information about purchases, carefully compare variou

s brands of products on salient attributes, and make informed decisions regarding what brand to buy?
Business
1 answer:
Studentka2010 [4]3 years ago
5 0

Answer:

The correct answer is rational decision making perspective.

Explanation:

The "rational model" or "absolute rationality" of decision-making consists of five phases:

  1. Define the objective
  2. Gather information
  3. Identify the possible options
  4. Evaluate alternatives
  5. Experience the effects

However, making a decision is not just an exercise in rationality, an orderly and effective execution of a sequence of actions. In the practice of organizations, taking into account the importance of risks and limitations (resources, time, available information, etc.) within which the decision must be made, it is often not possible or convenient to explore all alternatives and evaluate all the consequences analytically. We can rely on the experience and judgment of the decision makers, who renounce to pursue an optimal solution for a simply satisfactory one. We speak in this case, using an expression created by Herbet Simon, of "limited rationality."

Obviously, in the practice of decision-making processes, there is always the possibility that we should return to an earlier stage or even that the process does not reach the end (that is, choose not to decide). In addition, in an organizational context there are always social actors that guide their actions according to strategies aimed at maintaining or developing their power of decision and influence. Therefore it is questionable that adherence to the rational model is always the best way to make decisions.

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Secure property rights promote economic progress because they
weqwewe [10]

Answer:

The correct answer is a. encourage individuals to produce efficiently and undertake productive activities.

Explanation:

The right to property is the legal and immediate power that a person has to enjoy, dispose and revindicate on an object or property, without affecting the rights of others or exceeding the limits imposed by law.

The property right covers all material assets that may be appropriate, useful, of limited existence and that may be occupied.

That is, if a person owns a space of land in which a sweet potato crop grows, therefore he owns the sweet potatoes that are harvested there and can do with them what seems most convenient, that is, sell them, give them away or donate them, always within the framework that limits the law.

6 0
3 years ago
While viewing a webpage for outdoor gear, Phil noticed a graphic display advertising skateboards at low prices. When he clicked
AURORKA [14]

Answer: This is an example of<em><u> "paid display" </u></em>type of Internet advertising

Paid display or pay-per-click advertising, is an effortless, inexpensive way to compass the right masses.

Here, When Phil clicked on the ad, it took him to a different website where the skateboards were listed for sale. Thus targeting the right audience with right ad.

5 0
3 years ago
Question Content Area
GarryVolchara [31]
B bc it’s the right answer i just did it in my test
3 0
2 years ago
Gary is a self-employed accountant who pays $2,000 for business meals. How much of a deduction can he claim for the meals and wh
bonufazy [111]

Answer:

He can Claim a 50% deduction on the Schedule C Business Expense Deductions

Explanation:

Business Meals fall under the category of the small businesses tax deductions made available under Schedule C by the Internal Revenue Service that can small businesses can take advantage of.

  1. The business owner or employee must be present at the meal.
  2. The meal must not be extravagant under any circumstances.
  3. The meal must be an ordinary and necessary part of carrying on businesses.

Gary as a self-employed accountant is a small service provider who can take advantage of this deduction.

5 0
4 years ago
Company XYZ uses labor hours to allocate its manufacturing overhead. The direct labor cost rate is $8 per direct labor hour. The
mote1985 [20]

Answer:

A

Explanation:

7 0
3 years ago
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