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asambeis [7]
3 years ago
11

Peter, the owner, is even more committed to making the used copier, which he recently purchased, work even though it keeps jammi

ng and people have been telling him about other problems they have been having with it. Peter is affected by ______.
Business
2 answers:
VARVARA [1.3K]3 years ago
5 0

Answer:

The correct answer is Escalation of commitment bias.

Explanation:

Commitment bias is the tendency to use a loss (of time or money) as an excuse to increase that loss.

Let's see an example. We pay a cinema ticket to see a movie and after twenty minutes we understand that it is unbearable; Now, since we have already paid, we decided to see it to the end. Curiously, in that decision we will not only have lost money, we will also have wasted time seeing something that has ceased to interest us from the beginning. The curious thing is that this bias is present in many areas of life. We can see it in those couples who stay together without anyone fully understanding why. It is as if so much time “invested” in the couple comes before the fact that they get along badly (and worse and worse). The same with a job, with a friend or with the study.

PtichkaEL [24]3 years ago
3 0

Answer:

The correct answer is: the escalation of commitment bias.

Explanation:

The commitment bias or escalation of commitment bias occurs when individuals keep directing all their efforts towards a failed project. Even other parties may have noticed it is useless to attempt saving the project but the individuals keep dedicating all the time and financial resources possible to try to save it.

The escalation of commitment bias happens because the individuals do not want others to think their initial venture is a failure or that they are incapable or incompetent.

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Kate set a goal of getting along better with her younger sister. What is a more specific goal for kate?
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A more specific goal for Kate would be to respect her younger sister, adore her more, and help her when times are rough.
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3 years ago
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On July 1, 2021, Tremen Corporation acquired 30% of the shares of Delany Company. Tremen paid $3,160,000 for the investment, and
Alenkasestr [34]

Answer:

Amount paid to acquire investments                            $3,160,000

<em />

Net income                                             $1,100,000  

Less: Yearly dividends (140,000*4) <u>($560,000)</u>

Income after dividends                          <u>$540,000</u>

Share in income after dividends

for 6 months  ($540,000 * 30% * 6/12)                             <u>$81,000</u>

Balance of investments of Tremen corporation    <u>$ 3,079,000</u>

Hence, the balance of investments of Tremen corporation in Delany company is $3,079,000 .

5 0
3 years ago
Notice that real GDP trends upward over time but experiences ups and downs in the short run. These short-run fluctuations in rea
Oxana [17]

Answer:

The correct answer is:

True

Explanation:

The business cycle is a model that let see how the GDP of a country changes through time. Business cycle is classified in four different stages peak, trough, contraction, and expansion. These kind of fluctuations normally occur in the trade, production and all the economic activity of a country. The business cycle refers to the changes or fluctuations that can be experienced in the economic model measured by the GDP (Gross Domestic Product) and it is reflected in the increases or decreases in economy.

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Use the following information and the tables in the Business Math Handbook that accompanies the course textbook to answer the qu
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"Melinda!" bellowed Torn to the company’s HR specialist, "I’ve got a problem, and you’ve got to solve it. I can’t get people in
Morgarella [4.7K]

Answer: Yes training is the solution, training is the effort made by the organization in order to provide their workers with the basic skills needed to ensure the efficiency of the work done in the organization. b.To improve productivity, to solve operational problems, to reduce wastage of materials, to boost employees morale. C. Identify training need, define programme objective, design training programme, implement training programme, monitor feedback during couse

Explanation:

a.

Training can be defined as the effort made by the organization in order to provide their workers with the basic skills needed to ensure the efficiency of the work done in the organization. The main objective of training is to achieve a change in behaviour of those workers trained. Training help the workers to acquire technical knowledge and the problems solving skills in which they can utilized on the job in order to achieve the organizational goals and objectives.

b. The need for training includes the following

1. To improve productivity on the part of both the employees and the organization

2.Training helps in solving operational problems such as reduction in the accident in the workplace, Labour turnover, absenteeism, and grievances rate in the workplace.

3. Training help the organization in reducing the wastage of materials used in the production of goods as well as to ensure better utilization of machines used in production of goods.

4. Training helps in boosting the morale of the workers in the organization, in the sense that as the workers acquired new skills it will make them a better workers which increase their market value and enhanced their earnings power which in the long run lead to job security and self actualization for the workers.

5. Training helps in filling the vacancy for specific manpower need which is crucial to the organization survival but which is very difficult to fill through the external recruitment process

6.Training helps in formation of new altitudes for the workers which will help the workers to contribute their quota towards the achievements of the organizational goals and objectives.

c. The summary of the need assessment include the following

1 . Identify the training needs

2. Define the programme objective

3. Design training programme

4.implement training programme

5. Monitor feedback during the course of training

6. Place training participants back on their jobs

7. Conduct post course evaluation to determined the benefits of the training programme.

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3 years ago
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