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zlopas [31]
3 years ago
14

Kahneman and Tversky used experiments to examine how people actually make decisions about risk. The researchers found a multi-st

ep process with editing and evaluating phases. People showed a strong preference to avoid losses, much more than probability or expected value would suggest. Their name for this process is _______.
Business
1 answer:
blsea [12.9K]3 years ago
6 0

Answer:

prospect theory is the correct answer.

Explanation:

  • Prospect theory is the psychological theory explained by Daniel Kahneman and Amos Tversky in the year 1979.
  • Prospect theory is also termed as loss aversion theory.
  • Prospect theory explains how somebody makes a decision and choose among the several options in the risk situation.
  • Prospect theory is used to explain different perspectives of political and economic decision making such as in international connections.

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After a kick-off session and six contentious weekly team meetings, Lola is struggling to align her team around common expectatio
Amiraneli [1.4K]

Answer:

storming

Explanation:

Based on Bruce Tuckman’s theory of team development it seems that Lola's team is currently in the storming phase of the evolution process. This is the second phase in the process, in which individuals are still showing hostility towards one another and have not have not fully assigned or understand each persons role in the team. This leads to resisting control from any authority within the group, and prevents team goals from being achieved.

7 0
3 years ago
According to the following screening criteria, how many public companies are there in the United
IgorC [24]

Answer:

ya know 4

Explanation:

i git it righr....

7 0
1 year ago
An accounting firm is capable of processing 20 income tax forms per day. The average number of forms in various stages of proces
LenKa [72]

More than 3 but less than or equal to 4 days is the average processing time per income tax form.

Option - a

<u>Explanation: </u>

\text{ WIP (Work in process) }= R \times T = 64 = 20(T)

T = \frac{64}{20}  

So, T = 3.2Days

The average processing time per income tax form is more than 3 but less than or equal to 4 days.

Work in process relates to a partially completed portion of the stock of a business. The valuation of a partially finished stock is also sometimes referred to as the balance sheet products in operation, particularly when the company produces tangible goods instead of services.

6 0
3 years ago
Suppose you will receive $2,000 two years from today (at the end of the second year) and $3,000 five years from today (at the en
tangare [24]

Answer:

$4,021.77

Explanation:

To solve this question find the present value of each cashflow then sum them up.

<u>PV of 2,000 received at year 2;</u>

Using a financial calculator, input the following;

FV = 2,000

I = 6%

N = 2

PMT = 0

then compute present value; CPT PV = $1,779.99

<u>Next, PV of 3,000 received at year 5;</u>

Using a financial calculator, input the following;

FV = 3,000

I = 6%

N = 5

PMT = 0

then compute present value; CPT PV = $2,241.78

Then sum up the two PVs = $1,779.99 +$2,241.78 = $4,021.77

8 0
3 years ago
he avenues a business uses to reach customers, like a website, store, or advertising, defines which section of the Lean Canvas B
Elodia [21]

Answer:

A. channels

Explanation:

A Lean Canvas Business Model can be defined as a simple but fluid diagram contained in a single page document used for describing an entire business plan or business model at a glance.

The Lean Canvas Business Model was adopted and created by Ash Maurya from the Business Model Canvas of Alexander Osterwalder.

Basically, it is a business framework that is based on strategic informations such as business problems and solutions, competitive advantage and key metrics (indicators), cost, pricing, channels etc.

Hence, the avenues a business uses to reach customers, like a website, store, or advertising, defines the channels section of the Lean Canvas Business Model. Channels comprises of inbound and outbound channels. The inbound channel is a medium used for bringing in customers to your business such as blogs, websites, social media applications, white papers etc. Also, the outbound channel such as Ads, trade fair, calls, convention etc., leads the business to the entrepreneur's customers and potential buyers.

4 0
3 years ago
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