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frosja888 [35]
3 years ago
9

Janice always makes the first offer during salary negotiations because that number will become the starting point for any furthe

r discussions. This is an application of what concept? a. representativeness heuristic b. anchoring and adjustment heuristic c. availability heuristic d. algorithm
Business
1 answer:
Ira Lisetskai [31]3 years ago
8 0

Answer:

b. anchoring and adjustment heuristic.

Explanation:

Anchoring and adjustment heuristic is a Psychological heuristic in which a person or individual influences others by suggesting a starting point. The other person will then rely on the first information offered and an anchor is then placed. The further judgment is made around that anchor which created a bias toward interpretation of information.  

Janice also used a strategy of anchoring and adjustment bias by giving first offer of salary. This will be considered as anchor which is placed and all the other negotiations will be around that salary anchor which will be used as starting point.

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Explanation:

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3 years ago
The months-of-supply for an item in inventory will always be ______ the days-of-supply for the identical item.
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It can be deduced that the months-of-supply for an item will be less than the days-of-supply.

<h3>What is supply?</h3>

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2 years ago
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3 years ago
a purchased intangible is valued at its original cost. original cost for acquiring a patent would include:
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4 0
3 years ago
A company that uses the accrual method of accounting started the fiscal year with assets of $600,000 and liabilities of $400,000
Alenkasestr [34]

Answer:

Option (B) is correct.

Explanation:

Stock dividend do not affect Stockholder's in total.

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Net income = Revenues - Expenses

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8 0
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