If the board of directors readily accepted his proposition without considering the risks. This is an example of groupthink.
<h3>What is groupthink?</h3>
Groupthink occur when a group of people tend to all accept a conclusion or an opinion that was made without considering whether the viewpoint they accepted was risky or good.
Based on the given scenario the board of directors accepting the new product that was independently proposed by the president without considering the risks is an example of groupthink.
Inconclusion If the board of directors readily accepted his proposition without considering the risks. This is an example of groupthink.
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Answer:
stock's expected price is $44.45
Explanation:
given data
currently sells = $35.25 per share
constant rate r = 4.75% per year = 0.0475
required rate of return = 11.50% = 0.1150
time t = 5 year
solution
we get here future value that is express as
future value = currently sells ×
..................1
put her value we get
future value = $35.25 ×
future value = $44.45
so stock's expected price is $44.45
Answer:
a) $12,500 unfavorable
b) 0
Explanation:
variable factory overhead controllable variance = actual variable overhead expense - (standard variable overhead per unit x standard number of units)
actual variable overhead expense = $725,000
standard variable overhead per unit = $712,500 / 60,000 = $11.875
standard number of units = 60,000
variable factory overhead controllable variance = $725,000 - $712,500 = $12,500 unfavorable
Controllable factory overhead is not related to any changes in the actual volume or quantity produced.
Fixed factory overhead volume variance = actual fixed overhead - standard fixed overhead = $262,500 - $262,500 = 0
Fixed overhead was exactly the same as the standard or budgeted overhead.
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