Answer:
evidence based decision making
Explanation:
Evidence made decision making refers to making decisions about issues related to the company or person based on available information gathered through experiential evidence (i.e. things that happened before).
In this case, L.L. Bean has huge amounts of information about their customers and their purchasing habits. When the company must decide about any issue or proposed ideas, they will test those ideas with the information stored at their databases. It is a way of simulating a potential outcome based on existing evidence.
Answer:
The correct answer is Profit.
Explanation:
According to the scenario, the given data are as follows:
Current market price = $4.50
Long run average cost = $3.50
As we know the following terms of the market, i.e
- If market price is greater than the cost, than it will give profit
- if market price is lower than the cost, than it will give loss.
Hence, from the above statement, as the firm is showing the greater market price and lower cost it will result is Profit to the firm.
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Question: In the event of a robbery, what must you do?
--------------------------------------------------------------------------------------------------------------Answer: In the event of an armed robbery, instruct your staff to remain calm, alert and observant. Panic only heightens the danger involved. Emphasize that their safety and welfare is your primary concern. Money can be replaced, human life cannot. Here are a few tips to help educate and protect your staff in the unfortunate event of a robbery.
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Answer: Casual.
Explanation:
A text or a paragraph is a set of words or sentences that together make a narrative. They have the distinction of starting with a capital letter and ending at a point. Paragraphs usually formulate only part of a narrative.
There are different styles of text, one of these is the casual text. This type of writing is very simple, it narrates the events in an orderly way with an urban or casual language. Emotions or actions are generally expressed in this type of text.
<em>I hope this information can help you.</em>
Answer:
Dutch Auction
Explanation:
The type of auction that is being described is called a Dutch Auction. Like mentioned in the question this is a type of auction in which the buyer initiates the process by submitting a description of the desired product or service, and when selling a high asking price is set and lowered until a participant accepts or the reserve price is met.
