Answer:
An integrated feedback system between the individual/organization making a decision, and the broader environment’s reactions to those decisions. This type of decision-making process involves iterative cycles and constant assessment of the reactions and impacts of the decision.
Explanation:
As the name implies, cognition requires the use of the senses to acquire information and process that information so as to enable better decision making. Individuals and organizations make use of the cognitive style of decision-making when they obtain information and process them to see how they affect others. The effects of the decisions should be properly observed and analyzed.
The method follows a circle. So, when one aim is reached, the decision-maker can evaluate whether it is satisfactory or whether more efforts should be made.
Answer:
The answers are:
A) Yes
B) NO INFORMATION AVAILABLE FOR THIS PART
Explanation:
Innovation in production technologies usually cause a spillover effect. The benefits of introducing new production technologies can be found all across the nation.
The bad effect of this is that many times other companies don't even pay any type of royalties or licences for using new technologies, while benefiting from them.
For example, Henry Ford introduced the assembly line concept and the whole world benefited from this.
Answer:
A. socialist elements in the US Economy
Explanation:
Socialism is shared costs and shared resources. While the US economy is not socialistic, it does have elements of socialism through certain government programs.
Answer:
If Division X refuses to accept the $19 price internally and Division Y continues to buy from the outside supplier, the company as a whole will be:_________.
c. worse off by $28,600 each period.
Explanation:
The $28,600 loss the company incurs is from the lost contribution that Division Y's purchase of Division X's parts could have brought to the company if it buys parts inhouse. This is calculated as follows:
Division X's variable cost per unit = $17
Division X's selling price to outside customers = $23
Division Y's offered buying price = $19
The contribution = $2 ($19 - $17)
Answer:
e. The bond-yield-plus-risk-premium approach to estimating the cost of equity may not always be accurate, but it has the advantage that its two key inputs, the firm's own cost of debt and its risk premium, can be found by using standardized and objective procedures.
Explanation:
The bond-yield-plus-risk-premium approach (BYPRP) to estimating the cost of equity is by adding risk premium to yield to maturity for a companie's long term debt. It is especially used to calculate public traded equity.
The rate of returns (yield) on a bond is equal to the rate of returns from the investment.
BYPRP is less accurate compared to capital asset pricing model and the discounted cash flows method.
However it has advantage that it uses standardised and obejective procedures to determine firm's cost of debt and it's risk premium.