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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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For each of the following scenarios, begin by assuming that all demand factors are set to their original values and Peacock is c
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Answer: The Demand should be in elastic

Explanation:

Peacock hotel rooms are a normal good and they have a negative price elasticity of demand, meaning a decrease in price of hotel rooms per night will increase quantity of hotels rooms demanded for Peacock.

Peacock is considering decreasing Prices to $ 175 per unit, for this decrease in Prices to lead to a decrease in total revenue, The demand for Peacock hotel rooms should be inelastic. When the demand for Peacock hotel rooms is inelastic a decrease in price to $ 175 will lead to a small change in the quantity of hotel rooms demanded for Peacock which will then lead to a decrease in Total Revenue.

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3 years ago
Microsoft receives a cash payment in advance for cloud services is an example of
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1. Unearned Revenue
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2 years ago
Describe how implementing the fundamental principles of management will help to improve the management process within the compan
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7 0
3 years ago
MacKenzie Company sold $640 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 2.0% serv
lubasha [3.4K]

Answer:

.D)Debit Cash $627.20; debit Credit Card Expense $12.80 and credit Sales $640

Explanation:

Sales = $640

To recognize this,

Debit Cash              $640

Credit Sales            $640

Being entries to recognize sale and cash received.

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Amount deducted = 2% × $640

                              = $12.80

To recognize this,

Debit  Credit Card Expense $12.80

Credit Cash                            $12.80

Being entries to recognize credit card expense incurred on sale.

As such, the net effect of the two entries

Debit  Cash                                  $627.20

Debit   Credit Card Expense       $12.80  

Credit Sales                                  $640

The right option is D)Debit Cash $627.20; debit Credit Card Expense $12.80 and credit Sales $640.

6 0
4 years ago
Starr Company reports the following information for August. Raw materials purchased on account $ 81,800 Direct materials used in
maria [59]

Answer:

Entry:  Dr Raw material 81800

                   Cr Accounts payable 81800

       ( To record raw material purchased on account)

Entry: Dr Work in process 53600

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      (To record applied overhead )

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3 years ago
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