Answer:
The correct answer is letter "D": if all else fails, slow the spread of bad practice.
Explanation:
Evidence-based management is a critically thought-provoking approach to decision making. This practice has the following principles: treat your organization as an unfinished prototype; <em>no brag, just facts; see yourself and your organization as outsiders do; evidence‐based management is not just for senior executives; like everything else, you still need to sell evidenced‐based management; if all else fails, slow the spread of bad practices; and questioning what happens when people fail?
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In front of a problematic situation, the "if all else fails, slow the spread of bad practices" is used when the consequence of an action is likely to be negative, but usually represents an order in the relationship of a principal-agent. The agent then carries out the necessary procedure as slowly as possible to prevent an unexpected reaction.
B loses purchasing powers
<span>Given,
Andrew's earning was $55,000 per year.
Fees(tuition and other related expense) for MBA school that Andrew joined $25,000 per year.
To find: total cost of the degree(explicit cost+opportunity cost)
Solution:
Explicit cost = fees for the course including all the expenses = $25,000 per year for 2 years = $25,000*2 = $50,000.
Opportunity cost = the loss of benefits from one alternative when other alternative is chosen. In this case, it is salary from the job which Andrew quits to join MBA school = $55,000 per year for 2 years = 55000*2 = $1,10,000.
So, total cost of the degree = $50,000 + $1,10,000 = $1,60,000
Answer: Option C $1,60,000</span>
Answer:
$26,000
Explanation:
As per the data given in the question,
The net operating loss or income under absorption costing is presented below:
Sales $300,000 (6,000 × $50)
Less : Cost of goods sold $174,000 (6,000 × $29)
Gross profit $126,000
Less: Selling and administrative exp :
Variable $30,000 (6,000 × $5)
Fixed $70,000
Total $100,000
Net operating income $26,000 ($126,000 - $100,000)
Hence, Net operating income under absorption costing is $26,000.
We simply deduct all expenses from the sales revenue so that the net operating could arrive