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zaharov [31]
3 years ago
13

What name is given to a prescriptive approach--asserting that managers are logical, rational individuals who make decisions that

are in the best interests of the organization--that outlines how managers should make decisions?
a. Administrative model of decision making
b. Classical model of decision making
c. Political model of decision making
d. Risk propensity model of decision making
Business
2 answers:
lawyer [7]3 years ago
7 0

Answer:

b. Classical model of decision making

Explanation:

Classical model of decision making is the best method/model of decision making.

It hinges on four basic assumptions which include:

A clearly defined problem

Eliminated uncertainty

Access to full information

Rational behavior of the decision-maker.

All these parameters cover the basics that needs to be considered before any decision is taken.

Alenkasestr [34]3 years ago
4 0

Answer:

B

Explanation:

Classical model of decision making

In the classical approach, decisions are made rationally and directed toward a single and stable goal. It is used in conditions of certainty , the decision maker is fully aware of the information relating to the problem and also knows all the alternative solutions. It is an ideal way in making decisions.

There are four main assumptions behind the classical model:

First is a clearly defined problem. The decision maker has clearly set goals which is expected

Next is a certain environment. The model further suggests that the decision maker eliminates all uncertainty and there is no risk involved.

The third assumption is full information. The decision-maker has everything on his table to engage in a solution for the problem

The final assumption is rational decisions. The decision-maker is believed to always be in charge of taking theright decisions on this matter.

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Byron Corporation forecasts that its income will be $21,000 next year. The firm pays out 30 percent of earnings as dividends to
noname [10]

Answer:

RE break point = $24500

Explanation:

21,000 net income

30% OF Earnings as dividends

21,000 x 30% = 6,300 dividends

Retained Earnings (assuming no previous beginning value)

21,000 - 6,300 = 14,700

RE break point = 14,700/0.6 = 24500

What does the $24,500 mean?

This mean that the company can raise financing for this ammount without changing their capital structure (60% equity 40% debt)

If the company wants to finance for more, it will need to raise new shares or chance their capital structure, and therefore the WACC will change

8 0
2 years ago
During a company's first year, the asset account, Office Supplies, was debited for $2,600 for the purchases of supplies. At year
Sauron [17]

Answer:

Supplies Expense 1625 Dr

    Supplies Account   1625 Cr

Explanation:

First, we need to determine the supplies expense for the period. The supplies expense can be calculated by deducting the year end supplies balance from the supplies account balance.

The supplies expense = 2600 - 975 = $1625

The adjusting entry that will be made at the end of the period is,

Supplies Expense 1625 Dr

    Supplies Account   1625 Cr

4 0
2 years ago
Why is using a budget beneficial?
Nataly_w [17]

Answer:

All of The Above

Explanation:

They all make sense in terms of budget

5 0
2 years ago
The primary policy tool used by the fed to meet its monetary policy goals is.
Makovka662 [10]

The primary tool used by the Fed to achieve monetary policy goals is <u>Open Market Operations.</u>

<h3>What are Open Market Operations (OMO)?</h3>
  • This refers to the trading of securities by the fed.
  • Securities traded include bills, notes, and bonds.

When the fed wants to increase the money supply, they will buy these securities from the public. If it is a decrease they they seek, they will sell securities to the public.

In conclusion, this is Open Market Operations.

Find out more about Open Market Operations at brainly.com/question/14256204.

5 0
2 years ago
Examine the table comparing two individuals.
Jobisdone [24]

Answer:

1- selma

2- tobacco use

3- preexisting condition

Explanation:

I just took it on edge

4 0
3 years ago
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