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3 years ago

What are the pros and cons of being a single decision-maker?

Business

2 answers:

Tanya [424]3 years ago

6 0

Pros:

No one can stop you from picking that person/place/thing.

Cons:

you don't know what to decide.

Advocard [28]3 years ago

3 0

<h2>Answer</h2>

Single-decision maker tends to benefit from the autonomy to take decisions and make required amendments, whereas the disadvantages include that there may be bias and efficiency could have been improved.

<h3>Explanation</h3>

Single-decision maker is alone to make final decision calls which permits him or her to enjoy the autonomy of their job and implement their skill set on the situation at hand. On the other hand, making decisions alone tend to permit the decision maker to bring in bias within the context of the decision and the situation in all. Therefore, it can be good as well as bad.

You might be interested in

What contribution does the retail sector make to the UK economy ?

Rama09 [41]

Answer:

The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy. 14% of all UK investment made by large non financial-sector firms is made by large retailers. Retailers purchase around £180bn worth of goods for resale, supporting £47bn of output from other sectors.

8 0

3 years ago

Read 2 more answers

Graphical Designs is offering 10-10 preferred stock. The stock will pay an annual dividend of $10 with the first dividend paymen

tresset_1 [31]

Answer:

PV of the stock today = $115.83

Explanation:

We will use the discounted cash flows approach to calculate the price of the stock today. This approach values the stock by accumulating the present value of all the expected future cash flows from the stock/asset.

As the preferred stock pays a constant dividend after equal intervals of time and for an indefinite period, it can also be treated as a perpetuity. Thus, the formula for the present value of perpetuity will be used to calculate the price of the stock at year 10 that we will discount back to today.

Present value of perpetuity = Cash flow / expected rate of return

PV of stock at Year 10 = 10 / 0.052

PV of stock at Year 10 = 192.3076923

The value of the today will be,

PV of the stock today = 192.3076923 / (1+0.052)^10

PV of the stock today = $115.83

6 0

2 years ago

A trial balance will not balance if a. a journal entry is posted twice. b. a wrong amount is used in journalizing. c. incorrect

svet-max [94.6K]

Answer:

d. a journal entry is only partially posted.

Explanation:

a. a journal entry is posted twice

This will lead to incorrect account balance, but the accounts will balance.

Because we are repeating a correct entry twice, so it will not make the trial balance not balance.

EXAMPLE

inventory 100 debit

cash 100 credit

inventory 100 debit

cash 100 credit

b. a wrong amount is used in journalizing

Similar as before, the accounts are being increased or decreased for a different amount than it should be. But this do not generate any trouble in the trial balance.

EXAMPLE

inventory 80 debit

cash 80 credit

c. incorrect account titles are used in journalizing

using a diferent name will generate impact on another account, the debit and credit imapct will be the same anyway, it will not affect the balance

EXAMPLE

Inventory 80 debit

Taxes payable 80 credit

d. a journal entry is only partially posted.

in this case, the entry is not balanced, generating a difference in total debit and credit.

EXAMPLE

Inventory 80 debit

We are not posting anything on credit, this is not in balance

4 0

3 years ago

Assume you're using a three button mouse to access a short cut, you would

LenKa [72]

I believe its the right sided button.

The middle button would be to scroll and the left would be to select something.

5 0

3 years ago

As it advances on the ________, Boston Market has added pickup, delivery, and full-service catering to its original restaurant f

Andre45 [30]

Answer:

d. retail positioning matrix

Explanation:

In the example, it is noted that Boston Market has added value to its original restaurant format (with pickup, delivery...) on the one hand. On the other hand, they broadened the product line with the grocery foods. The two factors imply the axes of the <em>retail positioning matrix.</em>

The <em>retail life cycle</em> is an often confused topic that is similar to the <em>product life cycle</em> (which is related to products and services exclusively) conceptually. It consists of the following phases: innovation, growth, maturity and decline. Although this example can be correlated to the <em>innovation </em>phase of the retail life cycle, we cannot pinpoint the Boston Market's place on the retail life cycle curve, as we do not have info about its competitors, market share and other external info. Therefore, we cannot detect whether the company is in its up or down phase.

The <em>wheel of retailing</em> is an irrelevant concept, which refers to the tendency that most retailers enter a market in an extremely competitive manner (low cost, for example) and then becomes more exclusive (high cost, better reputation...).

3 0

3 years ago