1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
makkiz [27]
3 years ago
14

Malik and his managers spent a large sum of money on the new training program, and they feel that there has been little improvem

ent as a result of the investment. The training is scheduled to continue for two more months, and Malik feels that the company has already spent too much money on the training to simply abandon it. Malik is experiencing:_____.
Business
1 answer:
Ivanshal [37]3 years ago
6 0

Answer:

Sunk-cost Bias.

Explanation:

As Malik and his managers spent a large sum of money on the new training program, and they feel that there has been little improvement as a result of the investment. The training is scheduled to continue for two more months, and Malik feels that the company has already spent too much money on the training to simply abandon it. Malik is experiencing sunk-cost bias. He has started believing that he has wasted his money which can't be recovered back in any way and it is irrevocable. It is like when you send on something and you do not get the required results and you start believing that you cant get your money back. For example, when you get the membership of a gym to loose your weight but after 2 or 3 months, you feel that you are not loosing weight, then you can consider the amount spent on the membership as a sunk cost.

You might be interested in
For the following activity, indicate which of the objectives of managerial accounting activity is involved. In some cases, sever
Sladkaya [172]

Answer:

c. Motivating managers and other employees toward the organization's goals.

Explanation:

8 0
3 years ago
Roshannon Corporation uses activity-based costing to compute product margins. In the first stage, the activity-based costing sys
Rina8888 [55]

Answer:

Im figuring this out for you!

Explanation:

3 0
4 years ago
Union Local School District has bonds outstanding with a coupon rate of 4.9 percent paid semiannually and 20 years to maturity.
RUDIKE [14]

Answer:

Ans. Price of the bond is $9,250.57

Explanation:

Hi, first we need to establish the semi-annual coupon of the bond and the semi-annual discount rate (YTM semi-annually)

Coupon=10000*(4.9%/2)= $245

To turn the annaul YTM to semi-annual, we have to use the following equation

YTM(semi-annual)=(1+YTM)^{\frac{1}{2} } -1

YTM(semi-annual)=(1+0.056)^{\frac{1}{2} } -1=0.0276

After all this, we are ready to find the price, here is the math of this.

Price=\frac{245((1+0.0276)^{39}-1) }{0.0276(1+0.0276)^{39} } +\frac{(245+10000)}{(1+0.0276)^{40} } =9250.57

Best of luck.

4 0
4 years ago
The two categories of cost comprising conversion costs are
Dmitry [639]

Answer:

b. direct labor and factory overhead

Explanation:

The conversion cost is that convert which is used to convert the raw material to the finished goods inventory. It is a combination of the direct labor cost and the factory overhead or manufacture overhead cost.

It can be fixed or variable marinating costs only. It does not include direct material cost

It is computed by taking a difference of production cost and raw material cost

Hence option b is correct

7 0
3 years ago
The goal of brand positioning is to explain why one brand is different and better for its target customers, and why the differen
Andrei [34K]

Answer:

True

Explanation:

Brand positioning refers to creating and occupying a place in a prospective customer's mind with respect to a brand. It refers to a brand image created in the minds of prospective customers whenever they think of a brand.

For instance, when a customer thinks of Lacoste, it reminds him of the quality associated with it along with it's French connect.

Brand positioning helps an enterprise distinguish it's own brand from those of the competitors. Also, such an exercise reveals uniqueness of the brand i.e attributes specific of such a brand.

4 0
4 years ago
Other questions:
  • Small-business owner Marcos set up his Google Ads campaign by thinking of “obvious” keywords off of the top of his head. What's
    6·1 answer
  • Carla Vista Corp. has total current assets of $11,420,000, current liabilities of $4,354,000, and a quick ratio of 0.99. How muc
    13·1 answer
  • The Hudson Corporation has 7,600 obsolete units of a product that are carried in inventory at a manufacturing cost of $152,000.
    15·1 answer
  • How to do a balance sheet?
    9·1 answer
  • A normative economic statement can be proved or disproved by reference to facts?
    9·1 answer
  • Which data model has the highest level of abstraction?
    7·1 answer
  • Information that has been measured and reported in a similar manner for different enterprises is _________.
    9·1 answer
  • Comans Corporation has two production departments, Milling and Customizing. The company uses a job-order costing system and comp
    13·1 answer
  • What's the difference between fresh food and prepared food?
    11·1 answer
  • The equivalent annual cost method is useful in determining: Multiple Choice the operating cash flow for mutually exclusive proje
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!