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amid [387]
2 years ago
9

When Sebastian wrote the contract with BP for over two billion dollar s, he included targets for performance that had to be met

before payment would be released. Sebastian was trying to avoid ____ bias
Business
1 answer:
Alexeev081 [22]2 years ago
7 0

Answer:

Escalation of commitment

Explanation:

Escalation of commitment is the situation where an individual invest the resources into a course of action which is failing. Resources could be time, energy and money which an individual continue to invest into an investment as the individual  do not want to be inconsistent.

So, in this situation, before releasing the payment, he ensures that the targets should be met for the performance. He is avoiding the situation of escalation of commitment bias.

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If the fed believes the economy is about to fall into​ recession, it should
Otrada [13]
<span>If the Fed believes the economy is about to fall into​ recession, it should use an expansionary monetary policy to lower the interest rate and shift AD to the right. When using an expansionary monetary policy a central bank will use its tools to stimulate the economy. They increase the supply of money, lower interest rates and increase aggregate demand. 

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5 0
3 years ago
On April 1, Moloney Musical Instruments sold merchandise on account to Fronke's Flutes for $7,000 on Invoice 1001, terms 2/10, n
Eduardwww [97]

Answer:

The question is <em>"Record the transactions on April 1 and April 10. View transaction list Journal entry worksheet Record the sale on April 1."</em>

Date     Account Title and Explanation       Debit         Credit

April 1    Account receivables                      $7,000

                  Sales revenue                                               $7,000

April 10.  Cash  ($7,000*98%)                       $6,860

                     Sales discount ($7,000*2%)                        $140

                     Account receivables                                     $7,000

3 0
2 years ago
4. List three reasons for dividing a grill into zones of varying heat intensity.
SCORPION-xisa [38]

In the United States broiling is a top-down heat whereas grilling is a bottom-up heat. Grilling is anything where heat is aimed at food, top, side, or down. Baking in the UK is the same as in the U.S. (convective or ambient temperature equivalent cooking.)

Hey only know #6 so i hope this helps

3 0
2 years ago
A marketing professor in Ithaca, New York, maintains a museum of failed consumer products. Most new products in this museum fail
Nesterboy [21]

Answer:

test marketing

Explanation:

Test marketing is an experimental test of a product in a real life market. Buyers are studied in live shops or market without them knowing. It is conducted on a small scale to see the effectiveness of a marketing strategy.

When the products do not perform well at the test marketing phase it is assumed it will not also perform well in the real market, so they are termed failed products.

The marketing manager in Ithaca maintains a museum of failed consumer products from the test marketing stage.

4 0
3 years ago
Bharti Airtel is the largest cellular provider in India, with more than 300 million customers as of 2014. It also supplies broad
12345 [234]

Answer:

An opportunity.

Explanation:

Businesses conduct a SWOT analysis when they want to identify their internal weaknesses and strengths, it is also used to identify external opportunity and threats.

Firms use the analysis to develop a competitive strategy in the market by taking advantage of opportunities presented while mitigating risk posed by threats in the industry.

In this scenario Hutchinson Essar obtained a 5.6% stake in Airtel fr Vodafone. This transaction resulted in movement of knowledge and technology previously available to Airtel to one of its competitors.

This was an opportunity for Hutchinson Essar.

7 0
2 years ago
Read 2 more answers
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