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
Damm [24]
3 years ago
15

Every winter, Laurie's skin becomes very dry and results in painful cracks in her skin on her fingers. Once this happens, Laurie

remembers that Zim's Crack Cream works really well for this problem, so she stops at the store to pick some up.
Which type of decision making has occurred?

A. automatic decision making
B. limited decision making
C. nominal decision making
D. extended decision making
E. truncated decision making
Business
1 answer:
xeze [42]3 years ago
8 0

Answer: (C) Nominal decision making

Explanation:

The nominal decision making is the process that helps in various types of decisions making process of the low cost goods and the services.

The nominal decision making basically include the frequently buying or purchasing the products with some less search efforts and also less involvement in the system.

According to the given scenario, the nominal decision making process has occurred for solving the given problem as The marketers are simply performing the maintenance of the brands and the products.

Therefore, Option (C) is correct.

You might be interested in
On January 1, Year 1, Samuel Company leases equipment from Lease Corp. The lease agreement specifies five annual payments of $50
Marrrta [24]

Answer:

Cash (Dr.) $50,000

Lease Receivable (Cr.) $50,000

Explanation:

Lessor is the person who leases the item to gain financial benefit from the asset user lease. Lessee is a person who uses the assets but does not owns it so he pays lease rentals. In the given scenario the lease recoding at inception in the lessor books will be cash debit and lease receivable credit.

4 0
3 years ago
Inflation is when _________ money is paid for the same amount of goods and services than in a previous time period. the same amo
Kisachek [45]

Answer:

More

Explanation:

Use google

6 0
3 years ago
Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2
Brrunno [24]

Answer:

answer can be seen in the attached file

Explanation:

Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2 plays strategy (Please, label Player 1's strategies by A, B, and C, and Player 2's strategies as df, dg, ef, and so forth)

What is Game Theory?

This is a mathematical modelling that deals  with the analysis of strategies for dealing with competitive situations where the result of a participant's choice of action depends critically on the actions of other participants. Game theory has been applied to  in war, business, and biology, sport.

In Game theory, outcome is dependent on the contributions of competing parties

3 0
3 years ago
Which one of the following parties can sell shares of ABC stock in the primary market?-ABC company-Any corporation, other than t
horsena [70]

Answer:

ABC company

Explanation:

Basically there are two markets i.e primary market and the secondary market.  

The primary market is the market in which the initial public offer is taking place that means the new security is first offered to the public by the company whereas, in the secondary market, the broker or investor is involved while offering the securities.  

In the given situation, the ABC company itself is involved while selling the shares of ABC stock in the primary market

4 0
3 years ago
Fasetech, Inc. has collected the following data.? (There are no beginning? inventories.)
Dominik [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Units produced= 510 units

Sales price= $150 per unit

Direct materials= $16 per unit

Direct labor= $10 per unit

Variable manufacturing overhead= $10 per unit

Fixed manufacturing overhead= $16,000 per year

Variable selling and administrative costs= $9 per unit

Fixed selling and administrative costs= $10,500 per year

Units sold= 500

Under the absorption costing method, the fixed overhead costs get allocated as a product cost.

Unitary fixed overhead= 16,000/510= $31.37

Total unitary cost= direct material + direct labor + total overhead

TUC= 16 + 10 + (10 + 31.37)= $67.37

Income statement:

Sales= 500*150= 75,000

COGS= 67.37*500= (33,685)

Gross profit= 41,315

Total variable selling and administrative costs= (9*500)= (4,500)

Fixed selling and administrative costs= (10,500)

Net operating profit= 26,315

5 0
3 years ago
Other questions:
  • The Percy family have purchased a heavily wooded property in Northern California. They are planning to build a guest house off t
    5·1 answer
  • Jason is a small business owner. he has a dry cleaning business. one year, jason has to replace nearly all of his equipment, and
    13·2 answers
  • . If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit ___ of scale and
    12·1 answer
  • What is the proper preparation sequencing of the following budgets? 1. Budgeted Balance Sheet 2. Sales Budget 3. Selling and Adm
    8·1 answer
  • On October 1, Gala Corporation has 300 units of Product XYZ on hand. The company plans to sell 1,200 units of Product XYZ during
    8·1 answer
  • When a company acts in an ethically questionable manner, there can be a lot of consequences for both the company and its custome
    8·1 answer
  • True or false?John says to his friend, "This concert is going to cost me $20 when I buy the ticket." His friend corrects him and
    6·1 answer
  • How does the format of a memo differ from that of an e-mail? please answer asap
    13·1 answer
  • Use your understanding of the current international business environment to complete the sentence. A result of globalization is
    15·1 answer
  • Why are many oligopolistic market outcomes conveniently described by a prisoners' dilemma?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!