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garri49 [273]
3 years ago
10

Please answer the following question:

Business
1 answer:
Elza [17]3 years ago
7 0

Answer:

The response options are:

a) The chances are high that your decision will be biased, especially because the current problem is complex and past patterns will be an inaccurate guide.

b) You will make a decision that is about 80 percent accurate, which is good enough to meet your objectives given the time and information at your disposal."

c) You will rate all alternatives against known criteria and choose the course of action that will maximize return to the organization.

d) Your decision will be based primarily on your preconceptions about social media, what you learn about social media as you begin your research, and Mi Ola's past experiences engaging with customers online.

The correct answer is: c) You will rate all alternatives against known criteria and choose the course of action that will maximize return to the organization.

Explanation:

The rational process for making decisions is a selection between two or more alternatives on some desire, need, object, etc. These decisions must always respond to a solution, if we apply it at an administrative level it can favor or harm the organization or company.

Rational models for decision making require a cognitive process where each step follows the next in a logical order.

As we have determined that this model is a process, it becomes clear that it must have a few steps to follow; Among those we find seven steps to know:

* Step 1: Definition and diagnosis of the problem: If administrators, teams or employees individually do not know the real problems and their possible causes, it is impossible for effective decision making. The definition and diagnosis of problems involves three conceptualization skills: perception, interpretation and incorporation.

* Step 2: Setting goals: Once individuals or teams have defined a problem, they can set specific goals for elimination.

* Step 3: Search for alternative solutions: Individuals or teams should look for alternative means to achieve a goal. This step could involve the search for additional information, creative reflection, expert consultation, research or similar actions.

* Step 4: Comparison and evaluation of alternative solutions: After individuals or teams have identified the alternative solutions, they should compare and evaluate them. This step highlights the expected results and the determination of the relative cost of each alternative.

* Step 5: Selection among alternative solutions: Decision making is usually associated with the making of a final choice. The selection of a solution, however, is just one more step in the rational decision-making process.

* Step 6: Implementation of the selected solution: The fact that the selection of a solution has been carried out correctly does not necessarily mean that its execution will be successful. A technically correct decision has to be accepted and supported by those who will be responsible for implementing it if it is indeed desired that the decision be effective. If the selected solution cannot be implemented for any reason, another should be considered.

* Step 7: Monitoring and control: The single implementation of the preferred solution does not automatically guarantee the fulfillment of the desired goal. Individuals or teams should monitor the implementation activities and maintain their monitoring by evaluating the results. If the implementation does not produce satisfactory results, corrective actions will be necessary.

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When managers are engaged in problem solving, there are several steps they should go through in order to prevent themselves from
andrew-mc [135]

Answer:

a. Defining the problem, generating alternatives, selecting an alternative, implementing and evaluating the solution.

Explanation:

In order to solve a problem managers should follow logical steps to solve it correctly. First, the problem needs to be defined and all the possible ways in which the problem could be resolved should be listed. Then, the solutions should be analyzed to determine which one is the best one for the specific case. After that, it should be implemented properly and the last step will be to evaluate the solution to get feedback and determine if it fixed the problem or if another solution will need to be found to deal with it.

4 0
3 years ago
Financial statements can be prepared _____. (select all that apply.) multiple select question.
marysya [2.9K]

Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.

<h3>What is financial statement?</h3>

Financial statement help to summarize the financial position of a business and it as well help to show  the day to day transaction of a company or day to day activities of a business at a particular period of time.

Financial statement of a company can be prepared more that once in a year and financial statement may tend to have fiscal year end that is other than last month of the year which is 31st December.

Therefore Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.

Learn more about financial statement here:brainly.com/question/21307159

#SPJ1

The complete question is:

Financial statements ______. (Select all that apply.)

a. must have a calendar year end of December 31

b. may be prepared more than once a year

c. may have a fiscal year end other than December 31

d. are prepared just once a year

8 0
2 years ago
When a firm gets so large that coordination and management of workers and other inputs becomes costly and difficult, it is exper
elena55 [62]

Answer:

The correct answer is the option A: Diseconomies of scales.

Explanation:

To begin with, the concept known as <em>''diseconomies of scales''</em>, in the field of economics and management, refers to the situation where an organization finds itself in problems due to the fact that a large production is being produced by them and the coordination and management of that large production is beginning to cause trouble and that impacts in the fact that the company will produce good or services with an increase in the cost per unit of the products.

7 0
3 years ago
Calvin purchased a 40% partnership interest for $43,000 in February 2017. His share of partnership income in 2017 was $22,000, i
Bess [88]

Answer:

Calvin would have a long-term capital gain of $1000.

Explanation:

Calvin's contributions towards partnership is as below

Beg                                           $43,000

2010 income                            $22,000

2011 income                             $25,000

2010 income                            $12,000

Total  contribution                   $102,000

Total amount Calvin realized by selling his partnership interest = $103,000.

Therefore, Calvin would have a long-term capital gain of $1000 (amount Calvin realized - Calvin's contributions  = $103,000 - $102,000).

4 0
3 years ago
________ is an internationally recognized "missing child" safety program in the united states (and canada), originally created b
Paha777 [63]

Answer:

"Code Adam"

Explanation:

Based on the information provided within the question it can be said that the safety program being described is called "Code Adam". Like mentioned in the question this is a safety program activated when there is a missing child within the United States or Canada. This code was named after Adam Walsh, who was an kid from Florida who was abducted and killed from a Sears outlet store on July 27, 1981.

5 0
3 years ago
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