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Naddika [18.5K]
3 years ago
5

A waitress assumes a group of poorly dressed customers to be ungenerous tippers. She doesn’t pay much attention to them during t

heir meal, forgets to bring their drinks, and doesn’t ask if they want dessert. In the end, she gets the result that she expects, a very small tip. This is an example of _________.
Business
2 answers:
jok3333 [9.3K]3 years ago
8 0

Answer: SELF FULFILLING PROPHECY

Explanation:

Self fulfilling prophecy is the phenomenon of an individual anticipating something; and the anticipation later surfaces and comes to fruition just for the fact that the individual believes that his expectation will manifest. Oftentimes, their behaviours go in tandem with the beliefs to be fulfilled.

When it comes to self- fulfilling prophecy, a person's expectations or perception concerning another individual or something later conforms with the other individual or thing behaving in manners that agree with the initial perceptions. In self- fulfilling prophecy, initial false anticipation later results to its own confirmation.

It is important to note that people design and manufacture repercussions or results with respect to other people or entities due to their prior knowledge or idea or experience concerning a particular subject or issue

Now, with respect to the waitress that already concluded in her mind or assumed that a group of poorly dressed customers will be ungenerous with tipping; This is a clear-cut case of self fulfilling prophecy because after her assumption that those customers will be ungenerous tippers which now made her to offer them very little attention, her prediction became reality when she got a small tip in the end just as she anticipated.

Shtirlitz [24]3 years ago
5 0

Answer:

The correct answer is a self-fulfilling prophecy.

Explanation:

Self-fulfilling prophecy in psychology is a perception bias through which we anticipate facts and their consequences before they occur and with overwhelming assurance. It is completely normal that when we live in any situation, we keep a record in our memory and serve as learning for the future. Throughout our lives we encounter situations that are similar to others that we have already lived and react to them based on that previous experience. Human beings build our reality based on experiences.

The problem comes when we make an anticipation or prediction of things without having any logical or realistic basis to reach a conclusion. How many times have we said that "In the end this will happen, you'll see"? And we do it without any real reason that leads us to be sure that it will be so. That's when we are getting carried away by what is called self-fulfilling prophecy or self-fulfilling prophecy.

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Assume a firm in a competitive industry is producing 800 units of output, and it sells each unit for $6. Its average total cost
Sveta_85 [38]

Answer:

Profit= $1600

The profit which firm is generating is $1600.

Explanation:

Formula:

Profit= Total Selling Cost- Total Actual Cost

Profit= (Price at which unit is sold*Number of units) - (Average cost*Number of units)

In our case:

Number of units=800 units

Price= $6

Average cost= $4

Profit= ($6*800) - ($4*800)

Profit= ($4800) - ($3200)

Profit= $1600

The profit which firm is generating is $1600.

8 0
3 years ago
A share of preferred stock for Marshall Manufacturing currently sells for $120. It offers the investor a dividend rate of 8%, on
Komok [63]

Answer:

Po = $120

D = 8% x $100 = $8

Kp = D/Po

Kp = 8/120

Kp = 0.0667 = 6.67%

Explanation:

The question requires the computation of cost of preferred stock. In this case, we will calculate the current dividend paid based on the par value of the stock. Then, we need to divide the current dividend paid by the current market price of the stock. This gives cost of preferred stock.

5 0
4 years ago
A résumé should be only one or two typed pages.<br> True or False
padilas [110]

Answer:  A resume should typically be only one page in length. However, there are certain circumstances under which a two-page resume is acceptable. So the answer is <u>True.</u>

Hope this helps!

4 0
2 years ago
Read 2 more answers
There are zero coupon bonds outstanding that have a YTM of 5.97 percent and mature in 19 years. The bonds have a par value of $1
Fed [463]

Answer:

market price = $1,104.20

Explanation:

yield to maturity of zero coupon bonds = (face value / market price)¹/ⁿ - 1

  • YTM = 5.97%
  • n = 19 x 2 = 38
  • face value = $10,000

(face value / market price)¹/ⁿ = YTM + 1

face value / market price = (YTM + 1)ⁿ

market price = face value / (YTM + 1)ⁿ

market price = $10,000 / 1.0597³⁸ = $10,000 / 9.0563 = $1,104.20

8 0
3 years ago
In which stage would you typically expect to see large negative Financing Cash Flows?
kvasek [131]

Answer:

a. Startup

Explanation:

  • The negative cash flows are when the firms are having more cash outflow than the cash inflow and spending of the company is more than the earning and thus experiencing a negative cash flow.
  • This is a situation is found in the growth phase as they demand more money to generated and spend money to fuel growth and acquire the new customers and that may be set up by the distribution channels.
  • Thus startup of the company or industry can show more negative cash flows.
4 0
3 years ago
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