The critical thinking process includes the deep thinking process which involves deep insights into the assessment so that both the drawbacks and the benefits of the assessment process can be made easily. In addition to this, the critical thinking process helps the assessors to critically evaluate the students in order to identify their drawbacks and skills so that proper feedback to be given to them in order to cultivate the best values within the students. Thus critical thinking process helps in the best assessment process.
Critical thinking is the analysis and judgment of available facts, evidence, observations, and arguments. The subject is complicated. There are several different definitions, which generally involve a reasonable, skeptical, and unbiased analysis or evaluation of factual evidence. Critical thinking is self-directed, self-disciplined, self-monitoring, and self-correcting thinking. This means accepting strict quality standards and consciously mastering their application. It includes effective communication and problem-solving skills, as well as a commitment to overcome native egocentrism and sociocentrism.
Critical thinking is the active and skillful conceptualization, application, analysis, synthesis, and synthesis of information gathered or generated from observation, experience, reflection, reasoning, or communication as a guide to beliefs and actions. It is an intellectually trained process of evaluating and/or evaluating.
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Answer:
all firms produce and sell a standardized or undifferentiated product
Explanation:
A perfectly competitive market is a market in which there are many companies that offer the same product, there are not entry barriers which makes it easy for an organization to enter or exit the market. Also, the companies are not able to influence the market and they are not able to control the conditions in it. According to this, the answer is that in a perfectly competitive market, all firms produce and sell a standardized or undifferentiated product.
Answer:
57 days
Explanation:
The computation of the cash conversion cycle is shown below:
The cash conversion cycle = Days inventory outstanding + days sale outstanding - days payable outstanding
= 54 days + 34 days - 31 days
= 57 days
Hence, the cash conversion cycle is 57 days
We simply added the days' sales in inventory and days sales' outstanding and deduct the days payable outstanding so that the cash conversion cycle could come
Answer:
Real rate of return = 0.94%
Explanation:
The relationship between the nominal rates of return, real rate of return and inflation is:
( 1+ nominal rate ) = ( 1+ real rate) *( 1 + inflation)
or, (1.07) = (1 + real rate) * (1.06)
Hence, the real rate of return is = (1.07)/(1.06) = (1 + real rate of return)
1.0094 = 1 + real rate of return
Real rate of return = 0.94%
Answer:
According to _____________, as an entity separate and distinct from its owners, the corporation acts under its own name rather than in the name of its stockholders.
C) Separate legal existence
Explanation:
This separate legal existence means that before the law, a corporation is a distinct person, just like every other person, with rights and obligations. It can enter into binding contracts. It can perform business activities within the ambits of the law. It has its own name and personality that is not intertwined with those of the owners or stockholders. It enjoys a continuous lifespan that can only be liquidated under the laws.
