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posledela
3 years ago
15

Talia, a project manager, estimates that a project will take a year to complete. She gets the estimation approved, although it i

ncreases the cost of the project. However, the project takes only 8 months to complete. In the context of self-knowledge, this scenario exemplifies the concept of_____________.
Business
1 answer:
Advocard [28]3 years ago
6 0

Answer:

The correct answer is: the planning fallacy.

Explanation:

The planning fallacy is the paradox referring to projecting the length it will take to accomplish an objective longer than what it could take. The mistaken assumption happens because individuals tend to compare the time it will take them to reach their objectives with the time it took others to achieve the same goals.

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A simple economy produces two goods, Bread and Technical Manuals. Price and quantity data are as follows:Production and Prices i
DENIUS [597]

Answer: (1) 120,675

(2) 60,450

Explanation:

(1) Nominal GDP, year 2 ($) = Sum of (Year 2 price × Year 2 quantity)

                                              = 150 × 4.50 + 1,200 × 100

                                              = 675 + 120,000

                                            = 120,675

(2) Real GDP, year 2 ($) = Sum of (Year 1 price x Year 2 quantity)

                                        = 3 × 150 + 50 × 1200

                                       = 450 + 60,000

                                        = 60,450

4 0
3 years ago
"Craig, the CEO of ShopRite, Inc., has noticed that one of his store locations has consistently through-the-roof sales numbers.
Ymorist [56]

The question is incomplete, here is the complete question.

"Craig, the CEO of ShopRite, Inc., has noticed that one of his store locations has consistently through-the-roof sales numbers. Also, a survey completed by employees revealed that this particular location’s workers showed extremely high levels of motivation and job satisfaction when compared to other locations in the region. Everyone who works there gave high praise to their manager, Jamal. What else did the surveymost likely reveal about Jamal’s employees?"

A) They reported feeling a lot of pressure to exceed sales goals every month.

B) They demonstrated citizenship behaviour such as volunteering work

C) They recorded higher level of stress than stored with lower sales number

D) They loved Jamal but were not especially committed to the company overall.

Answer:

They demonstrated citizenship behaviour such as volunteering work.

Explanation:

Survey can be described as a method that is used to collect data or information about a particular topic that requires a lot of attention.

Survey as a research method can be used to gather data about the different attitude and behaviour exhibited by each employees in an organization. It is used by the management of a company to effectively determine the amount of efforts that each employee is putting in towards the growth and success of the business.

In the scenario described above, the CEO of shopRite Inc has observed through a recent survey conducted that one of his store locations has recorded a high number of sales, this is as a result of the high rate of efficiency put in by the workers to ensure the success of the business.

5 0
3 years ago
The Seven Steps to Move into a New Field
mylen [45]

Answer:

what? I'll answer in comments if this is a mistyped question

3 0
2 years ago
Which of the following is a service business?
creativ13 [48]

Answer:

travel agency

Explanation:

as service businesses include <u>companies engaged in transport</u>, food service, distribution, retail, and other industries that sell services rather than products. These intangibles provide the primary revenue source for service businesses.

4 0
3 years ago
Read 2 more answers
Replenishing the Petty Cash Fund
liq [111]

Answer:

Explanation:

Postage expense.           1320

freight out.                       1140

miscellaneous exp.           150

          Cash.                                          2610

to replenish petty cash account

note that pettty cash is only debited or credited when you are increasing Or decreasing the petty cash fund. This entry appears to be only replenishing the petty cash account.

4 0
2 years ago
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