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Alexxx [7]
3 years ago
15

A critical analysis of a preferred alternative to ascertain its strengths and weaknesses before it is implemented, with the purp

ose of identifying all the reasons that might make the preferred alternative unacceptable, is a ________.
Business
2 answers:
Aleonysh [2.5K]3 years ago
8 0

Answer:

Devil’s advocacy

Explanation:

Devil’s advocacy is a thorough analysis of a preferred alternative to check and test its strengths and weaknesses before being implemented with the purpose of identifying all the faults that might make the preferred alternative unacceptable.

This method helps in determining the dangers of any action taken by an individual or group of persons.

weqwewe [10]3 years ago
8 0

Answer: Devil's advocacy technique

Explanation: In other to avoid making irrational or ineffective decisions resulting from a psychological desire or inclination of fostering harmony or attaining a sort of concordance within a group such that decisions made are usually dysfunctional and are only made in other to avoid disharmony within the group. The devil's advocacy technique however is used to counter the notion of decision making above, whereby collective decisions are subjected to critical evaluation or analysis in other to ensure that decision made are in the best interest of the group or organization and not just to harmonize members of the group.

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According to Benjamin Lang what is the hardest thing about being an entrepreneur
MrRissso [65]

Answer:

Benjamin Lang was just 14 years when he decided to become his own business and hence become an entrepreneur. And he soon realized that the biggest challenge in front of him was to win the trust of the clients. And that requires a complete sacrifice plus the best level of skills to tackle the real world and project requirements. It's not that easy to win the trust of the clients. You need to work quite hard to show through your performances that you can fulfill any of the client's requirements, and only then you will be able to ensure that clients trust you, and you end up being a successful entrepreneur.

Explanation:

7 0
3 years ago
The importance of financial managers to firms with large cash inflows is greater than for firms with smaller cash flows. true fa
julsineya [31]
FALSE. It is not greater then firms with smaller cash flows.
6 0
3 years ago
What is the first step in the career exploration process?
Hunter-Best [27]

Answer:

here ya go this is the steps

3 0
3 years ago
Read 2 more answers
Poe Company is considering the purchase of new equipment costing $80,000. The projected net cash flows are $35,000 for the first
sergey [27]

Answer:

$23,773.65

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested

NPV can be calculated using a financial calculator :

cash flow in year 0 = $-80,000.

Cash flow in year 1 and 2 = $35,000.

Cash flow in year 3 and 4 = $30,000.

I = 10%

NPV = $23,773.65

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
A highly ethical organization must have all the following elements except Multiple Choice corporate credos. role models. payment
givi [52]

Answer:

The correct answer is letter "C": payment plans.

Explanation:

<em>Highly ethical organizations</em> are those with a well-established <em>Code of Ethics </em>that comprises its <em>corporate credos and values.</em> Within a company, the idea of having "<em>heroes</em>" also helps to spread good practices since they are taken as <em>role models </em>so other employees tend to follow their example. Managers must be aware of the ethical behavior of employees to correct or eliminate any existing threat.

Thus, <em>having different payment plans are not considered in the setting of a corporation's Code of Ethics. </em>

7 0
3 years ago
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