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klio [65]
3 years ago
11

Jim is using the rational decision-making process to decide a course of action for the marketing department. While selecting a p

referred alternative, a fellow worker asks, "What if something unexpected happens during the implementation of the alternative we have selected?" This type of question is an example of ____.
a) implementing the plan.b) developing marketing strategies.c) planning for contingencies.d) negative thinking.e) groupthink.
Business
1 answer:
Dimas [21]3 years ago
6 0

The given type of question is an example of Planning for contingencies .

Option C

<u>Explanation: </u>

A contingency plan is an action plan that will allow an organisation to quickly respond to a major event or circumstance that may or may not happen in the future. Sometimes a discretionary strategy is called' Plan B,' because it can also be used as a substitute for implementation if the goals are not accomplished.

In many instances, governmental or corporate contingency plans are made. Suppose, for example, that many company employees fly together on a crashing aircraft that kills them all on board. This failure could severely stress or even kill the business.

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Hi mkahn :)
Alex787 [66]
Hi this is hhfjjdjdjdjdhhd
5 0
3 years ago
Your Aunt Elsa has $500,000 invested at 6.5%, and she plans to retire. She wants to withdraw $40,000 at the beginning of each ye
Ksju [112]

Answer:

22.85

Explanation:

Present value (PV): $500,000

Rate: 6.5% per annual

Payment (PMT) : $40,000 per year

We can use excel to calculate the maximum number of whole payments that can be withdrawn before the account is exhausted

=NPER(rate, PMT, -PV,,1) = NPER (6.5%,40000,-500000,,1) = 22.85

Download xlsx
7 0
4 years ago
Sarah's Muffler Shop has one standard muffler that fits a large variety of cars. Sarah wishes to establish a reorder point syste
GarryVolchara [31]

Answer:

Following is the solution for the given problem.

Explanation:

Best order size, EOQ =√2DS/H

EOQ = √2*4700*60/5

EOQ = 336 units.

D = 4700/300 = 15.66.

σ L= √∑σ²

= √3*(5)² = 8.66.

Reorder point, R = D*L+ z σ L

Reorder point, R = 15.66*3 + 1.282*8.66

Reorder point, R = 58 units.

4 0
3 years ago
Which of the following statements regarding a monopolist is false? A. The marginal revenue cure lies below the demand curve for
Sati [7]

Answer:

C. The monoplist sets price equal to marginal cost to maximize profit.

Explanation:

To maximise the profit, monopolist charge price where MR = MC.

3 0
3 years ago
If you borrow $25,000 from a local finance company and you are required to pay $4,424.50 per year for 10 years, what is the annu
djyliett [7]

Use this formula:

A= P(1+rt),

A is the final investment amount (4424.50x10)

P is the principal amount (25,000)

r is the rate of interest (annual)

t is the time period (10)

If A= P(1+rt),

then (1+rt) = A/P.

(1+r(10)=( 44,245)/25,000

10r=1.7698-1

r=.7698/10

<span>r=.07698 or 7.698%</span>

3 0
3 years ago
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