The last stage of the decision making process is to monitor or evaluate the decision that was made for effectiveness.
During this stage, a manager is going to look at the decision that they made and see if it was correct, or if they need to make any changes. During this stage the manager my decide that they made the incorrect decision, and then will need to go through the decision making process again.
Answer:
Growth stocks; Long-term bonds
Explanation:
If you believe the economy is about to go into a recession and your portfolio consists of growth stocks, defensive stocks and long-term bonds, you might change your asset allocation by selling<u> Growth stocks</u> and buying <u>Long term bonds.</u>
As in the given case, the economy seems to be in trouble and chances that it may go into recession, then there is a high-risk float in the money market which may reduce the growth of stocks and long term bonds have fixed income, therefore, while allocating assets during the recession, people should sell growth stocks and buy long term bonds.
B) its businesses can invest in the future
Answer:
be greater than the net operating income under variable costing
Explanation:
Under absorption costing method it includes the total cost of the product that is the fixed cost and variable cost to account for the production.
Whereas in variable costing we only consider the variable cost of production and deduct the fixed costs from the contribution margin.
As George corporation has no beginning inventory and production exceeds sales therefore cost of goods sold reduces( due to closing inventory) resulting in greater net operating income than in variable costing .