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4 years ago

Management science stresses the use of rational, science-based techniques and mathematical models to improve _____.

Business

1 answer:

ANEK [815]4 years ago

5 0

Answer:

Decision making and strategic planning

Explanation:

Management science refers to a science that helps handling the activities of an organization to accomplish established goals with the use of scientific methods. In order to reach their objectives, companies need to plan the strategies they are going to use and make sound decisions based on careful research and analysis of data to solve problems. For this, companies tend to use different techniques and mathematical models that help them to have a better understanding of the company situation and discover the right path to be successful. According to this, the answer is that management science stresses the use of rational, science-based techniques and mathematical models to improve decision making and strategic planning.

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Kenneth is a bank executive and when one of his customers offers him box seats to a Chicago Cubs game he knows he cannot accept

olchik [2.2K]

This reflects a difference in business ethics.

Business customs can be divided into three categories: imperatives, which must be acknowledged and accommodated; electives, which can be adapted to but are not required to; and exclusives, in which outsiders are not permitted to participate.
In foreign marketing, flexibility of approach is essential.
The fundamental distinction between business ethics and general ethics is that general ethics include all moral ideals, but business ethics only pertain to matters of business.

What is business ethics reflection?

Everyone should possess a strong sense of business ethics. It reveals how the person's character is reflected.
Being morally upright is recognizing what is right and wrong, among other things.

Because a firm is all about providing excellent customer service, the business ethics of its employees are very significant.

Learn more about business ethics

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2 years ago

Northeast Baptist buys $500,000 of a particular item (at gross prices) from its major supplier, Cardinal Health, which offers NE

Vladimir79 [104]

Answer:

a) 10,000 free trade credit

b) Costly trade 6.466,67

c) yearly cost 38,800

d) Yes as the total cash outflow to purchase the goods is lower using costly trade

e) The complete amount as it reduces the cashflow needed for the acquisition of the goods

Explanation:

principal x rate x time = interest

Where rate and time should be expressed in the same metric thus, we express the 60 days as portion of a year

500,000 x 0.12 x 60/360 = 10,000 free trade credit

costly trade:

500,000 x 0.97 = 485,000

485,000 x 0.12 x 40/360 = 6.466,67

cost per year: the cicle repeats every 60 days thus, 6 times per year:

6,466.67 x 6 = 38.800‬

total financial outflow:

with free credit: 500,000

with costly trade: 485,000 + 6,466.67 = 491.466,67‬

As the costly trade generated a lower cash flow it should take this path

8 0

3 years ago

Riders reports the following assets and liabilities. Compute the totals that would appear in the corporation’s basic accounting

mylen [45]

Answer:

See below

Explanation:

Assets are the valuables a business owes while liabilities are the items the business owes to third parties.

Form the list provided

Assets are

Bank Balance……… Rwf. 17,000,000

Accounts Receivable……Rwf 12,000,000

Machinery…………… …Rwf 1,800,000

Total Rwf 30,800,000

Liabilities are

Accounts Payable……………….Rwf 15,000,000

Bank Claims…………… Rwf 15,800,000

Total Rwf. 30,800,000

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3 years ago

Check out this app! It's millions of students helping each other get through their schoolwork. https://brainly.app.link/qpzV02Ma

Andrei [34K]

Answer:

nope im not going to the link sir im not fkn stu.pid

Explanation:

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3 years ago

Swiss Miss instant hot chocolate uses images of Winter Olympic athletic events with athletes and fans warming up to a mug of the

dexar [7]

Answer:

The answer is: ambush marketing

Explanation:

Ambush marketing is a strategy that benefits from events or competitions that already have their own official sponsors. It's a "cheap" way of associating a brand with a big world class event on a relatively small budget. This happens a lot on international sports, specially by placing logos on the athletes' uniforms.

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3 years ago