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natima [27]
3 years ago
13

Effective managers their dominant decision style to avoid making mistakes. for each example, select the decision style that most

closely corresponds to it. example element of culture kyle prefers to base decisions on lots of data, both objective data from information systems and qualitative data from people. bill prefers simple, clear-cut solutions to problems. when making a decision, josie likes to talk to people one on one to find out how the decision will affect them.
Business
1 answer:
Delicious77 [7]3 years ago
3 0

Effective managers their dominant decision style to avoid making mistakes. for each example, the decision style that most closely corresponds to it is Josie's style to talk to people one on one to find out how the decision will affect them

Answer: Option (C) is correct

<u>Explanation:</u>

The Decision style of Josie will be very useful. It will help in avoiding mistakes to a larger extent because as per Josie, he will talk to people one on one to find out how the decision affects them.

When personal contact will be made with everyone the decision will be very effective and reliable and it will surely avoid a large number of mistakes. The research will be able to find the actual problems faced by the people and best conclusions can be drawn..

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D. The outlet substitution bias injects an upward bias into the CPI

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Avon, Tupperware, and Southwestern Company of Nashville are among companies in the multibillion-dollar ________ industry, which
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Direct Marketing

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These companies and many more rely on selling door to door, using home sales parties, etc. They do not involve huge media campaigns. They are pretty much focused on their investments in advertising. Since they normally know better who are they're targetting.

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3 years ago
Patriot Co. manufactures and sells three products: red, white, and blue. Their unit selling prices are red, $20; white, $35; and
vagabundo [1.1K]

Answer:

a. break even number in units = $250,000 / $10.0908 = 24,775.04

red units = 24,775.04 x 5/11 = 11,261.38 ≈ 11,262 units

total sales = 11,262 x $20 = $225,240

white units = 24,775.04 x 4/11 = 9,009.11 ≈ 9,010 units

total sales = 9,010 x $35 = $315,350

blue units = 24,775.04 x 2/11 = 4,504.55 ≈ 4,505 units

total sales = 4,505 x $65 = $292,825

total sales = $833,415

b. new break even number in units = $300,000 / $19.4545 = 15,420.60

red units = 15,420.60 x 5/11 = 7,009.36 ≈ 7,010 units

total sales = 7,010 x $20 = $140,200

white units = 15,420.60 x 4/11 = 5,607.49 ≈ 5,608 units

total sales = 5,608 x $35 = $196,280

blue units = 15,420.60 x 2/11 = 2,803.75 ≈ 2,804 units

total sales = 2,804 x $65 = $182,260

total sales = $518,740

c. Management should start using the new material as soon as possible since it doesn't only decrease the break even point, if sales level remain the same, it will increase operating profits.

Explanation:

red's contribution margin = $8

white's contribution margin = $13

blue's contribution margin = $12

sales mix = 5:4:2

weighted contribution margin = ($8 x 5/11) + ($13 x 4/11) + ($12 x 2/11) = $3.6363 + $4.2727 + $2.1818 = $10.0908

new contribution margin:

red's contribution margin = $14

white's contribution margin = $25

blue's contribution margin = $22

sales mix = 5:4:2

weighted contribution margin = ($14 x 5/11) + ($25 x 4/11) + ($22 x 2/11) = $6.3636 + $9.0909 + $4 = $19.4545

4 0
3 years ago
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9.39%

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Base on the scenario been described in the question, the effective cost of refinancing is 9.39%

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Even if the market for precious metals is facing a decline due to recession, Priscilla mortgaged her house so she can continue investing in her precious metals business. This decision reflects Priscilla's tolerance of uncertainty that comes to the surface when it is not confirm what the course of an event will be because the factors that determine the course are too ambiguous or even unknown. The adverse situation does not discourage Priscilla and she is being tolerant enough to decide to keep her business up and running.

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3 years ago
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