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Anna11 [10]
4 years ago
13

Nicholas, a longtime hotel manager for Wyndham, was meeting with Sophie, a regional manager, and telling her about his recent de

cision not to fire a front desk employee about whom several guests had complained. Nicholas discussed the four stages of the decision process. He said, "I first identified the problem, and then I gathered alternative solutions. I evaluated each choice and selected a solution. I then implemented my decision to not fire the employee but instead to provide him with additional training. Finally, I followed up with an evaluation of the solution I’d chosen." Nicholas is using the ______ process.
(a) Rational decision-making
(b) Consultative decision-making
(c) Forced decision-making
(d) Dictatorial decision-making
Business
1 answer:
Alborosie4 years ago
5 0

Answer: rational decision making

Explanation: In simple words, rational decision making refer to the framework under which an individual or entity makes rational calculation before choosing one decision among different alternatives. Usually the decision made directly affects their personal objectives.

In the given case, Nicholas did not fire the employee directly and took rational steps to make sure that no unfair decision making happens.

Hence from the above we can conclude that the correct option is A.

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Select the correct items that match the description. Distributions of cash from a corporation to its stockholders. select an app
den301095 [7]

Answer & Explanation

Distributions of cash from a corporation to its stockholders: The Dividends accounts will represent the amount of cash give it to stockholders

Consumed assets or services:

prepaid expired

When a company pay his rent in advance for example, it will use a prepaid rent account

Over the course of time it will decrease this account and declare the rent expense

Ownership is limited to one person:

Sole propietor is the business form at which a single person is the owner of a firm. However, the sole propietor can have employees.

Officers and others who manage the business:

board of director

Creditor claims against the assets of the business:

Secure Liability will be for example a mortage on which the creditor as a collateral on a firm asset (real-state)

A separate legal entity under state laws:

A subsidiary will be different legan entity under the law but in real life it will be part of the company. Generally the parent company present consolidated statements which include the subsidiary to amend this.

A report prepared by management that presents financial information:

Annual report or managerial statement or managerial report

A section of the annual report that presents management’s views:

Management discussion and analysis (MD&A)

Future economic benefits:

The Assets of the company are the way it has to generate future economic benefit. His inventory, equipment, cash and investment can generate benefit in the future.

Involves acquiring the resources necessary to run the business:

<u>purchase of assest</u> to mantain the business going.

4 0
3 years ago
According to Aristotle’s three critical elements of good communication, what equates to logic?
allsm [11]
Ethos, pathos, and logos are identified by Aristotle as the three critical elements of good communication.  hope it helps. God bless!
7 0
3 years ago
When XYZ firm entered the market for good A two years​ back, it kept the price of its product low to attract customers away from
Sonja [21]

Answer:

B) The demand for good A is elastic.

Explanation:

Both Timothy and Jake believe that the demand is elastic, Timothy believes the PED = 1.75, while Jake believes the PED = 1.46. The difference is that Timothy believes the demand is more elastic.

Option A is not correct because Timothy believes total revenue will fall while Jake believes it will increase.

Option C is not correct because both believe that their market share will decrease.  

Option D is not correct because both Timothy and Jake are arguing about higher prices, not lower prices.

Option E is not correct because an increase inn the price of a good does not shift the demand curve, it moves the equilibrium point within the given demand and supply curves.

4 0
3 years ago
On January 1, Weatherholt Inc. issued $5,000,000, 9% bonds for $4,695,000. The market rate for these bonds is 10%. Interest is p
saveliy_v [14]

Answer:

  • At the end if the first year, Weatherholt should report unamortized bond discount of

$285,500

Explanation:

The entry to record the bond issuance is as follows:

On January 1    

It the moment of the bond issued the company register:    

 Debit  $4,695,000  Cash  

 Debit  $305,000  Discount on Bond Payable  

 Credit  $5,000,000  Bonds Payable  

Bond Discount: $305,000

At the moment of the first interest payment:

Interest Payment Stated: $450,000 = 9%*$5,000,000

Interest Market Rate 10% by Book Value Bond:

10% * $4,695,000 = $469,500

Amortization of Bond Discount: $469,500 - $450,000 = $19,500

  • Debit Balance in the Account Bond Discount:

$305,000 - $19,500= $285,500

7 0
3 years ago
4.
Masteriza [31]

Answer:

A single or double solid white line dividing traffic lanes going in the same direction can't be crossed for any reason. A single solid white line is generally used to indicate the right- most boundary of the drivable roadway on highways.

Explanation:

hope this helps you :)

3 0
4 years ago
Read 2 more answers
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