Answer:
B. bounded rationality.
Explanation:
Bounded rationality -
It refers to the idea where the decisions of the people are rational , within a limit of the specific information known and the mental capabilities , is referred to as the bounded rationality .
The concept was given by Herbert Simon .
As the thinking capacity and the information have some limit , hence the decision are also limited .
Hence , from the given scenario of the question ,
The correct answer is bounded rationality .
Answer:
1.8
Explanation:
Sales= $60
Variable cost= $21
Quantity= 3,500 pairs of shoes
Fixed operating cost= $58,500
The first step is to calculate the total contribution margin
= sales-variable cost × Quantity
= $60-$21 × 3500
= $39 × 3500
= $136,500
The operating income can be calculated as follows
= Sales - variable cost × Quantity - fixed operating costs
= $60-$21×3500-58,500
= $136,500-58,500
= $78,000
Therefore the degree of operating leverage can be calculated as follows
= Total contribution margin/Operating income
= 136,500/78,000
= 1.8
Hence the degree of operating leverage is 1.8
Answer:
Relationship-oriented
Explanation:
Relationship-oriented is a quality of a leader, and it is fundamentally centred on supporting, encouraging and creating people and groups. They try to set up significant associations with their staff and expect to use this enthusiastic association with expand staff performance. By concentrating on the passionate needs of the staff, relationship-oriented leaders guarantee they have a positive and stimulated workforce.
1) A small caribbean islands economy depends on tourism. However in recent times, it has seen much less economic activity. Its government decides to let the market correct the situation------Hayek
In contrast to Keynes, Hayek trusted that certifiable recuperation from a post-blast crash called for satisfactory spending as well as for an arrival to economical generation - creation cleansed of blast period mutilations caused by pain free income.
Hayek was expelled as somebody who needed to "exchange work, sell stocks, sell the agriculturists, etc.
2) Flour prices have risen in a country where bread is a stable part of the diet. As a result, bread prices have risen tremendously. In an effort to make bread affordable for it's citizens, the government has limited how much bakers can charge for bread.------------Keynes
During the Great Depression of the 1930s, existing financial hypothesis was not able either to clarify the reasons for the extreme worldwide monetary crumple or to give a sufficient open strategy answer for kick off creation and business.
British economist John Maynard Keynes led an unrest in monetary reasoning that upset the then-overall thought that free markets would consequently give full business—that will be, that everybody who needed an occupation would have one as long as laborers were adaptable in their wage requests.
Risk mitigation involves reducing the impact of a risk event by reducing the probability of its occurrence. To mitigate means to make something less bad or less severe so in this case if a risk turned out to be a negative reality, risk mitigation should be a part that you've already planned so you could easily solve it and move on with the project.
