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3 years ago

Differences between planning and decision making

Business

1 answer:

Evgen [1.6K]3 years ago

7 0

Answer:

Planning can be defined as the process of selecting a future course of action. Decision-making defined as the process of selecting a course of action from the alternatives.

Explanation:

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Choose all that apply.

tino4ka555 [31]

I'm going full have to go with 2, 3, & 4

4 0

4 years ago

Read 2 more answers

Financial statements of Kansas Ltd (Fr) for 2X13 are authorized by management and auditors on February 15, 2X13 for issuance on

mrs_skeptik [129]

Answer:

a) In compliance with the IFRS

Explanation:

Since in the question it is mentioned that The financial statement of kansas ltd would be authorized by the management and auditors as on Feb 15 fpr issuance. On Feb 20 it settled as a plaintiff a 5 million euro lawsuit. Now the CFO of the company have make the second decision regarding the financial statement presentation in which he decides not to record this settlement so here is in compliance with the IFRS

Therefore the option A is correct

7 0

3 years ago

Thomas Hodel helps Black Diamond by increasing the company’s _(longterm orientation, econimic interdependence, global mindset, p

Nikitich [7]

Answer:

Thomas Hodel helps Black Diamond by increasing the company’s global mind set because he brings a European perspective to the U.S. based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the cognitive aspect of cultural intelligence (CQ).

One wold have told the following about the greenfield ventures:-

B) More than any other direct investment strategy, a greenfield venture gives a company complete control over the operation.

C) Because BD makes mountaineering equipment that users depends on for their lives, the risks of a greenfield venture are offset by the advantages.

Explanation:

Thomas Hodel helps 'Black Diamond' by increasing the company’s global mind set because he brings a 'European' perspective to the U.S. based business. When Thomas says, "It takes a long time to really figure out the differences in Europe," he is speaking of using the cognitive aspect of cultural intelligence (CQ).

A green field investment is a foreign direct investment known as FDI. If a company mentions that it would use the FDI route, it means that they are they are building their operations from start to finish with a foreign country.

They will construct distribution warehouses, offices and living areas for their workers that travel to the foreign country to work. So, statements B and C are correct.

6 0

4 years ago

Weekly demand for tennis balls at The Racquet Club is normally distributed , with a mean of 35 cases and a standard deviation of

RideAnS [48]

Answer:

a-The average weekly profit is $1767.31

b- The probability of having a weekly profit of more than 2000 is 0.1587 or 15.87%.

Explanation:

The weekly average profit for the simulation is given where first the values are simulated using R which is given as below:

x<-round(rnorm(n,m,s))

Here

round converts all the values of the simlation to integer.
rnorm is the command for simulation
n is the number of values which is 52 in this case
m is the mean of the values which is 35
s is the value of standard deviation which is 5 cases.

The values of x are as follows

[1] 36 49 30 29 34 36 32 28 32 29 32 27 40 32 30 37 43 30 42 30 31 34 36 38 28 29 32 42 36 35

[31] 37 41 34 39 37 46 34 44 45 41 41 29 36 38 35 32 36 39 30 38 40 27

Now using these values, the average of the simulation values is cacluated as follows:

mean(x)

35.3462

Now using this with the value of profit of $50 gives:

Average Profit=$50 x 35.3462

Average Profit=$1767.31

The average weekly profit is $1767.31

First number of cases are required so that the value will be greater than 2000 it is given as

Number of cases=2000/50=40

So firstly the Z-score is calculated which is as below:

$Z=\dfrac{x-\mu}{\sigma}\\Z=\dfrac{40-35}{5}\\Z=1$

Now the probability is given as

$P(X\geq 40)=P(Z\geq 1)\\P(X\geq 40)=1-P(Z< 1)$

The value of P(Z<1) is calculated from the table which is given as

0.84134

So the equation becomes

$P(X\geq 40)=1-P(Z< 1)\\P(X\geq 40)=1-0.8413\\P(X\geq 40)=0.1587$

So the probability of having a weekly profit of more than 2000 is 0.1587 or 15.87%.

4 0

3 years ago

Shawn is planning a bus trip across town that involves three buses. Bus 1 travels between Shawn’s house and downtown, and it lea

miv72 [106K]

Answer:

least waiting time = 18 mins

Explanation:

given as per question we know that 2nd bus start 10 min early than 1st bus

and both time frequency same = 30 min

1st bus time take = 1 hr 12 mins

and 2nd bus get waiting time 30 min - (10 + 12)

that is = 8 mins

we can say time arrival time for 1st bus = 8:32 and 9:02 and 9:32

by adding 30 mins

and

departure time for 2nd bus = 8:40 and 9:10 and 9:40

same like that 3rd bus leave every hour

and

service start on hour clock , a 10 mins early is = 7:10 am and 9 am

frequency of either half or 1 hour

so 2nd bus takes = 2 hour 40 mins

so waiting time is 60 - (10 - 40) = 10 min or 10 + 30 = 40 mins

so 1st bus waiting time is 8 mins so it take least time 10 mins for 2nd bus waiting time

as that

least waiting time = 8 + 10

least waiting time = 18 mins

4 0

3 years ago

Differences between planning and decision making​

Differences between planning and decision making