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laila [671]
2 years ago
9

Dr. Tylka is studying the way that people value relationships. For the purpose of her study, she defines an interest in relation

ships as "the number of people with whom you have had a conversation that is not related to work activities in the past 48 hours." This process of defining the variable of interest is called ________.
Business
1 answer:
anygoal [31]2 years ago
6 0

Answer:

Operationalization

Explanation:

Operationalization refers to the  process of defining the measurement of a phenomenon that is not directly measurable, though its existence is inferred by other phenomena. Dr. Tylka studies the way that people value relationships but she derived a subjective social variable that was based on her own personal opinion and feelings. Her opinions was inferred from her previous studies whose existence was deduced by other phenomena.

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A corporation issued 2,500 shares of its no par common stock at a cash price of $11 per share. The entry to record this transact
dsp73

Answer:

Date  Account Titles and Explanation          Debit        Credit

          Cash                                                    $27,500

                Common stock                                                 $27,500

          (Being shares issued at cash price recorded)

Common stock = 2,500 shares * $11

Common stock = $27,500

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2 years ago
A conversion strategy whereby an organization uses the new system with select users/parts of the organization until issues are r
hoa [83]

Answer:

A) Pilot strategy

Explanation:

Under a pilot strategy, before a new system is fully implemented, it is first subjected to testing under a given situation by using it in selective parts of the organization , to assess it's compatibility with the situation or if the system requires necessary changes.

This could also be a kind of experimentation to evaluate the feasibility of a system before deciding upon it's final implementation.

If the system under consideration matches the desired results, the organization proceeds with it's full implementation in the entire organization.

If not, necessary changes need to be incorporated in the system.

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3 years ago
A cost incurred in the past that is not relevant to any current decision is classified as a(n): incremental cost. opportunity co
melamori03 [73]

Answer:

sunk cost.

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Sunk cost can be defined as a cost or an amount of money that has been spent on something in the past and as such cannot be recovered. Thus, because a sunk cost has been incurred by an individual or organization it can't be recovered and as such it is irrelevant in the decision-making process such as investments, projects etc.

Basically, sunk costs are referred to as fixed costs.

Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.

Hence, a cost incurred in the past that is not relevant to any current decision is classified as a sunk cost.

For example, ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.

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