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3 years ago

List the steps in the PACED decision-making process.

Business

2 answers:

olga nikolaevna [1]3 years ago

4 0

Answer:

Identify the Problem.

List the Alternatives.

List the Criteria.

Evaluate the alternatives.

Make a Decision.

Problem - Alternatives - Criteria - Evaluate - Decision

Rudiy273 years ago

3 0

Decision Making Steps:

1. Identification of Problems

2. Identifying Information

3. Make predictions that are likely to occur

4. Make a decision from the alternatives

5. Evaluate the results against the predections made

Explanation:

1. Decision Making is an action that determines the results in solving problems by choosing a course of action among several alternatives that exist through a mental process and logical thinking and also considers all alternative choices that have a negative or positive influence.

Learn More:

1. Decision making steps brainly.com/question/13983891

2. Understanding Decision Making brainly.com/question/1031435

Details:

Grade: Middle School

Subject: Business

Keyword: Making Process

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Which of the following is NOT an advantage of human-centered design thinking?

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Answer:

The correct option is;

d) It allows a single entrepreneur to bring their favorite ideas to market

Explanation:

Human-centered design is a methodology applied to the resolution of problems that are associated with product design and framework of management that makes the thinking mindset for the development of problems solution of having the human standpoint to be included in all the steps involved in solving the problem in order to ensure usefulness of the solution to the people it is meant to benefit.

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3 years ago

Assume an increase in global agricultural production of food due to technology while global population remains the same. Due to

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Answer:

The equilibrium price falls and quantity increases

Explanation:

When the supply of food rises without a corresponding increase in demand , there would be an excess supply.

When there's excess supply, prices fall and the quantity produced rises.

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3 years ago

When the tasks and authority associated with various positions in the organization are clearly specified, it creates a scenario

nydimaria [60]

Answer:

A) employees are held strictly accountable for their actions.

Explanation:

When tasks are given specifically as well as authority to various positions, persons holding those positions will be held accountable for inquiries or issues that may arise from those specific positions. For example, a bread factory has a unit headed my John who is in charge of creative the bread tag, if the tag is done wrongly, or is being delayed, the management instantly knows who to question.

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3 years ago

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QUESTION 25 A perfectly competitive firm faces a __________ demand curve. a. downward-sloping b. unit-elastic c. nonlinear d. pe

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Answer:

The correct answer is letter "D": perfectly elastic.

Explanation:

Perfect Competition is a theoretical market system where competition is at its highest level as possible. Perfectly competitive markets are characterized by:

All companies offer an equivalent product.
All companies are price takers.
All companies have a fairly small market share.
Buyers have full quality and pricing knowledge.
The company has low barriers or no barriers to entering and leaving an industry .

Plotted in a graph, perfectly competitive goods have a horizontal curve. This is because at any given price any quantity can be demanded. Thus, the curve of perfectly competitive firms is perfectly elastic.

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3 years ago

A property is projected to generate cash flows of $10,000, $12,000, $15,000, and $17,000 at the end of year 1, 2, 3, and 4, resp

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Answer:

Total present value= $100,401.36

Explanation:

Giving the following information:

A property is projected to generate cash flows of $10,000, $12,000, $15,000, and $17,000 at the end of year 1, 2, 3, and 4, respectively. The expected sale price for the property at the end of year 4 is $100,000.

We need to apply the following formula to each cash flow:

PV= FV/(1+i)^n

Cf1= 10,000/1.13= 8,849.56

Cf2= 12,000/1.13^2= 9,397.76

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Total= $100,401.36

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3 years ago