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Nadya [2.5K]
3 years ago
8

Robert has a list of characteristics that he wants his new house to have, and he has listed every item in that list in their ord

er of importance to him. Among the items on his list, the proximity to a bus stop has the highest priority as it is his primary means of commuting, and the street name has the lowest priority. In this scenario, Robert is using _____ to make a rational decision.
A) absolute comparisons
B) relative comparisons
C) benchmarking
D) satisficing

Business
1 answer:
Free_Kalibri [48]3 years ago
6 0

Answer:

D) satisficing

Explanation:

According to my research on different decision making strategies, I can say that based on the information provided within the question it seems that Robert is using satisficing to make a rational decision. This term refers to making a decision bases on the actions that will satisfy you with the minimum requirements necessary in order for you to complete a goal. This is what is happening by Robert making the list, he is giving importance to each item on the list and if he can get a couple of the important factors on that list then he will be satisfied with his new house, which is the goal.

decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Today's youth grow up with the internet. Thus they look at it differently from the previous generation who mostly use it for entertainment or research.  For the youth, the internet is the way to communicate, congregate and share information of their social life. It is obvious that the internet has and will continue to change the way we live. The internet has changed education which the youth spend most of their days.  Students can get access to areas of their interests.  Someone can even study online without going to school.

It is a good thing in my opinion and the government should introduce computer and internet study from elementary school.  That way students benefit from the unprecedented access to information the internet provides, as well as the ability to share knowledge across the globe. Millions of books, journals and other useful materials of learning are available online.

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4 0
3 years ago
Read 2 more answers
On December​ 31, Year​ 10, Brown Company changed its inventory valuation method from the​ weighted-average method to FIFO for fi
Butoxors [25]

Answer: Overstatement of profit by $8000

Explanation:

The change in an accounting method of valuing stock which results in decrease in the value of stock will increase the profit when compared to the period before the method that decrease the stock was used. To effect the change a debit charge will be made to the retained earnings and a credit charge to the stock account to reduce the value.

6 0
3 years ago
Miami Corp. obtained the following information from its accounting records:
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Answer:

cost of goods manufactured= $5,000

Explanation:

Giving the following information:

Beginning Finished Goods Inventory= 12,000

Ending Finished Goods Inventory= 8,000

Cost of Goods Sold= $9,000

To calculate the cost of goods manufactured, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

Isolating cost of goods manufactured

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cost of goods manufactured= -12,000 + 9,000 + 8,000

cost of goods manufactured= $5,000

4 0
3 years ago
The term externalities refers to Select one: a. regulations imposed on a firm by government. b. a nation that is a trading partn
pogonyaev

Answer:

Option (c) is correct.

Explanation:

During an economic activity between the two parties, if the third party is affected (Positively or negatively) by this economic transaction then this is known as externality.

There are two types of externalities:

(i) Positive externality: When the third party is positively affected by an economic transaction between the two parties.

(ii) Negative externality: When the third party is negatively affected by an economic transaction between the two parties.

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3 years ago
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