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3 years ago

Most of the significant decisions in contemporary organizations are made under which decision-making condition?

Business

1 answer:

ivanzaharov [21]3 years ago

3 0

Answer:

A state of uncertainty.

Explanation:

The state of uncertainty is a condition of decision making that can be defined as the risk associated with the manager of making an ineffective decision to solve the expected problem. This is due to the complexity of the current business environment, which ensures that there are inherent risks when making a decision, since there are many variables involved in the current competitive market whose manager does not have full knowledge, so uncertainty exists when making a complex decision.

What the manager can do to minimize uncertainty is to adopt an analytical thinking that gathers the available information and his experience so that risks are minimized, such as the use of statistical analysis and analysis of the variables involved in the decision-making process, to judge the least risky option and try to make the right decision.

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Static and flexible budgets are similar in that: Multiple Choice

KengaRu [80]

Answer:

The correct answer is letter "B": They both are based on the same per unit variable amounts and the same fixed costs.

Explanation:

Static budgets are estimates that use the same fixed cost amounts, while flexible budgets change the number of fixed costs at different levels of production. However, both of them use the same per unit variable amounts as well as the same fixed costs in the manufacturing process.

7 0

4 years ago

The management of Gibraltar Brokerage Services anticipates a capital expenditure of $26,000 in 2 yr for the purpose of purchasin

Troyanec [42]

Answer:

$2,949.91.

Explanation:

The size of the quarterly installment can be determined by finding the (Payment) PMT amount using tie value of money principles.

<u>Here I used a financial calculator to set my values and calculate PMT as :</u>

PV = $0

N = 2 x 4 = 8

P/yr = 4

I = 11 %

FV = $26,000

PMT = ?

Therefore the (Payment) PMT is $2,949.91. The size of each (equal) quarterly installment should be $2,949.91.

5 0

3 years ago

Studies indicate that married men on average earn more income than unmarried men of the same age and education level. Why must w

icang [17]

Answer:

all of the answers provided are correct

Explanation:

The causation fallacy refers to when a cause is incorrectly identified for a specific effect in a research study. That being said, all of the answers provided are correct. There is no clear indication or proof in this study that shows that "marriage" is the sole factor that causes the difference in pay between the men in question. There can be many other factors in play such as social connections, economic backgrounds, geographic locations, field of work, etc.

7 0

3 years ago

Prior to the iconoclasm of the eighth century, icons were accepted as __________________.

Vlad [161]

Here is the answer: Before the iconoclasm of the eighth century occurred, icons were recognized as INTERMEDIARIES BETWEEN WORSHIPPERS AND THEY REPRESENTED HOLY FIGURES. Iconoclasm involves the belief that these holy figures or monuments should be destroyed based on religious beliefs too.

7 0

3 years ago

Indicate in which financial statement each item would most likely appear: income statement (I), balance sheet (B), statement of

kherson [118]

Answer:

Assets (B)

Cash from operating activities (CF)

Dividends (E)

Equipment (B)

Expenses (I)

Liabilities (B)

Net decrease (or increase) in cash (CF)

Revenues (I)

Total liabilities and equity (I)

Explanation:

The balance sheet shows the assets, liabilities and equity of an entity as at a given date.

The income statement shows the revenue and expenses of the entity for the period ended while the statement of retained earnings shows the movements within the retained earnings account during the review period.

The statements of cashflow shows the net flow of cash from the company's activities namely; Operating, investing and financing activities.

4 0

3 years ago