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avanturin [10]
3 years ago
11

While figuring out how to save money for a bride who is having financial problems, paula, the catering manager of oh happy day,

asked her assistant, "what do you think is the best menu to offer under these particular circumstances? how can we offer the bride and groom's guests a great meal within their budget?" paula and her assistant are using the contingency approach?
Business
2 answers:
Bumek [7]3 years ago
5 0

While figuring out how to save money for a bride who is having financial problems, Paula, the catering manager of Oh Happy Day, asked her assistant, "What do you think is the best menu to offer under these particular circumstances? How can we offer the bride and groom's guests a great meal within their budget?" Paula and her assistant are using the contingency approach.

True

RSB [31]3 years ago
3 0

Answer:

The correct answer is:  True.

Explanation:

The contingency approach is a managerial method that consists in taking decisions according to the situations where the activities are going to be carried out. The theory also states that applying an inflexible system will lead to companies' inefficiency in the long run.

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Greengage, Inc., a successful nursery, is considering several expansion projects. All of the alternatives promise to produce an
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Answer:

A. Project A

B. Project A has lowest Standard Deviation

C. Project D

Explanation:

A.

The higher the range, the more risky the project is. Based on the table, project A has the smallest range, and therefore is the least risky based on range.

B.

The standard deviation is not scale-free, i.e. it is not adjusted for the level of returns. Hence, a project that has the same distribution of returns, but a higher average return, will have a higher standard deviation. But the project is not any more risky. Hence, the standard deviation might not be an appropriate measure of risk.

C.

The Coefficient of Variation (CV) is calculated as follows:

CV = Standard deviation / expected return

Applying this formula, the coefficient of variation for each project is:

Project A: 2.9% / 12.0% = 0.242

Project B: 3.2% / 12.5% = 0.256

Project C: 3.5% / 13.0% = 0.269

Project D: 3.0% / 12.8% = 0.23 4

Based on the coefficient of variation, project D has the lowest coefficient. It means that the project has the lowest risk per unit of return generated, and thus is the best project and should be chosen.

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Net loss can be thought of as a __________ to the Capital account.<br><br> Debit<br> Credit
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Answer:

The answer is Credit.

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Net loss can be thought of as a <u>Credit </u>to the Capital account.

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<span>C. Fixed Costs. Fixed costs are incurred regardless of the number of units of a product are produced or sold on a given period. Fixed costs are expenses incurred and remain unchanged within a relevant period. These costs are fixed in relation to the quantity of production for a certain period.</span>

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