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3 years ago

Rules of thumb or short-cuts that individuals use to save time when making complex decisions are known as _____.

2 answers:

7 0

Rules of thumb or short-cuts that individuals use to save time when making complex decisions are known as....Heuristics

Tanya [424]3 years ago

5 0

Heuristics is the answer

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Organizations offer aspiring entrepreneurs in developing countries small loans to help them get their businesses started. these

jolli1 [7]

microcredit

What is microcredit?

Microcredit is the provision of very tiny loans (microloans) to disadvantaged borrowers who lack collateral, consistent employment, or a verified credit history. It is intended to encourage business and alleviate poverty. Many clients are uneducated and hence unable to complete the documentation required for traditional loans.

Microcredit is a subset of microfinance, which provides the needy with a broader range of financial services, including savings accounts. The Grameen Bank, founded in Bangladesh in 1983, is widely regarded as the birthplace of modern microcredit. Despite initial reservations, many regular banks eventually adopted microcredit. 2005 was designated as the International Year of Microcredit by the United Nations. Microcredit is a method that can potentially help to lessen the feminization of poverty in developing countries.

To learn more about Microcredit

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#SPJ4

4 0

1 year ago

In the classical approaches to management, proponents of the __________ approach argued that managers should stress primarily em

bogdanovich [222]

It should be noted that In the classical approaches to management, proponents of the Human Relations approach argued that managers should stress primarily employee welfare, motivation, and communication.

<h3>What is Human Relations management?</h3>

Human Relations management theory can be regarded as premise of organizational psychology which explains that an employer can employee productivity and motivation by positive social bonds.

Therefore, Human Relations support managers to be stressing primarily employee welfare and motivation.

Learn more about Human Relations at;

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7 0

2 years ago

Booker Corporation had the following comparative current assets and current liabilities: Dec. 31, 2017 Dec. 31, 2016 Current ass

stiks02 [169]

Answer:

Liquidity measures for the year 2017 are as under:

Current Ratio = 1.5

Working Capital = $100,000

Acid Test Ratio = 0.95

Accounts Receivables Turnover = 10 times

Inventory turn over = 4 times

Explanation:

Current Ratio

Current Ratio = Current Assets ÷ Current Liabilities

Dec 31, 2017 Dec 31, 2016

$300,000 ÷ $200,000 $245,000 ÷ $155,000

Current Ratio 1.5 1.6

Working Capital

Working Capital = Current Assets – Current Liabilities

Dec 31, 2017 Dec 31, 2016

$300,000 – $200,000 $245,000 – $155,000

Working Capital $100,000 $90,000

Acid Test Ratio

Acid Test Ratio = (Current Assets – Inventory) ÷ Current Liabilities

Dec 31, 2017 Dec 31, 2016

($300,000 – $110,000) ÷ $200,000 ($245,000 – $90,000) ÷ $155,000

Acid Test Ratio 0.95 1.00

Accounts Receivables Turnover Times

Accounts Receivables Turnover = Credit Sales ÷ Average Accounts Receivables

Average Accounts Receivables = (Opening Accounts Receivables + Closing Accounts Receivables) ÷ 2

Average Accounts Receivables = ($55,000 + $95,000) ÷ 2 = $75,000

Accounts Receivables Turnover = $750,000 ÷ $75,000 = 10 Times

Inventory Turnover Times

Inventory Turnover = Cost of Goods Sold ÷ Average Inventory

Average Inventory = (Opening Inventory + Closing Inventory) ÷ 2

Average Inventory = ($110,000 + $90,000) ÷ 2 = $100,000

Inventory Turnover = $400,000 ÷ $100,000 = 4 Times

5 0

3 years ago

A mass refusal to buy products from certain employers or companies.

xeze [42]

B) boycott

I remember learning about it in the 5th grade

6 0

3 years ago

Which force in porter's competitive forces model would describe an organization that loses customers due to its product prices

Alexxandr [17]

I guess the correct answer is Substitute products and services

A substitutе is a prοduct that pеrfοrms thе samе οr similar functiοn as anοthеr prοduct. Micrοеcοnοmics tеachеs that thе mοrе substitutеs a prοduct has, thе dеmand fοr thе prοduct bеcοmеs mοrе еlastic. Еlastic dеmand mеans incrеasеd cοnsumеr pricе sеnsitivity which еquatеs tο lеss cеrtainty οf prοfits. Fοr еxamplе, public-transpοrtatiοn is a substitutе fοr driving a car, and е-mail is a substitutе fοr writing lеttеrs.

4 0

3 years ago