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aalyn [17]
2 years ago
9

During a meeting, senior executives of a consumer products company tackled the problem that they were late in detecting several

consumer trends, such as the trend towards using see-through plastics in kitchenware. While trying to determine the source of this problem, one executive said: "The main problem here is that we need to find a better industrial design firm to design our products." Which of the following best describes the decision-making problem that this executive is exhibiting?
(A) The executive is engaging in escalation of commitment.
(B) The executive is being too creative.
(C) The executive is acting as a devil's advocate when the situation calls for consensus.
(D) The executive is engaging in groupthink.
(E) The executive is defining the problem in terms of a solution.
Business
1 answer:
yarga [219]2 years ago
3 0

Answer: <u><em>The executive is defining the problem in terms of a solution. </em></u>

<em>The decision makers lean towards defining questions as veiled matter. They pursue solution-focused problem identification since it renders satisfying approach to the otherwise ambiguous and doubtful nature of question, but it neglects to fully analyze the implicit causes that should be addressed. </em>

<u><em>Therefore, the correct option is (e)</em></u>

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The journal entry is as follows

Unearned ticket revenue Dr  $33,700

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(Being the unearned ticked revenue is recorded)

The computation is shown below:

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= 3,370 × $60 ÷ 6

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So we debited the unearned ticket revenue and credited the ticket revenue

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a) Calculate the PV of a perpetuity with a cash flow of $111,111 received every year. The first cash flow occurs in year 1. The
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