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kati45 [8]
3 years ago
12

As a software development project manager, Chang is extremely busy working on new products as well as improving old ones and fix

ing the glitches in existing ones. Given the time crunch, Chang's operational philosophy for problems is to go with a solution that meets his minimum standard of acceptance. Given more time he can probably find a better solution but he believes in moving on. Which of these describes his approach?
a. Escalation of commitment
b. Optimizing
c. A representativeness heuristic.
d. A non-analytic decision strategy
e. Satisficing
Business
1 answer:
ryzh [129]3 years ago
3 0

Answer:

e. Satisficing

Explanation:

Satisficing is an approach to decision-making that involves seeking satisfactory solutions to problems rather than expending more resources seeking for the best solution. It is a kind of a faster way to make decision and seek solutions that can satisfactorily solve a problem within acceptable limits. The approach employed by Change can simply be described as that of satisficing.

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Agreement and disagreement among economists
r-ruslan [8.4K]

Answer and Explanation:

The disagreement arise between this economist is due to the differences in the scientific judgements as they disagree due to the various scientific judgements. And, despite their differences, the proposition of two economists should be chosen at random as the tariff and import quotas normally decreased the economic welfare as it always result in deadweight loss and in this both economist should be agree for the same

4 0
2 years ago
DEF Ltd is a global leader in the manufacture, integration and support of networking and telecommunications systems. The company
Serjik [45]

Some of the challenges of this company include lack of control over financial reporting in all branches, and inaccurate data to make decisions for next years.

DEF Ltd's main problem is the inaccuracy regarding the recognition of revenue and other inconsistencies in financial reporting. This problem includes:

  • Inaccuracies related to revenue and deferred revenue.
  • Lack of documentation of some transactions.

Moreover, these problems are intended to be solved through a review process and training seminars. These two ideas are useful for the problem; however, the company might face some challenges and problems such as:

  • Lack of control in all branches: DEF Ltd seems to be a big company with multiple branches around the world. This makes it difficult for the company to control all financial records even if employees are educated about the process through seminars.
  • Inaccurate data for next periods: Considering there are lots of inconsistencies and some of the reports are incomplete, it is likely even after the review process the company does not have complete information about the previous transactions or revenues. This can affect future projections and decisions.

Note: This question is incomplete; here is the missing part:

Using the disclosures above as a starting point, brainstorm about the challenges regarding internal controls and that a company may face in doing business internationally?

Learn more in: brainly.com/question/10916805

5 0
2 years ago
Regulatory policy is a balance between ___________________ safety and ____________________ rights.
Lana71 [14]

Answer:

protecting

constitutional

Explanation:

7 0
2 years ago
Read 2 more answers
Shaq and Kobe are parties to a business contract containing a binding arbitration clause. A dispute between Shaq and Kobe is sub
sveta [45]

Most likely, Shaq will ask that the court overturn the award based on the acceptance of the bribe by Pat.

Option - b

<u>Explanation: </u>

Arbitration is a method to solve quarrels outside the court. The quarrel will be decided by the arbitral tribunal which gives the arbitration award. This award is lawfully compulsory from both the parties and enforceable in the courts.

The court can impose but these awards will be overturned by the court only in special cases. The court will declare void, or ignore to accept an arbitration award if it is a fraud product or misbehavior by the arbitrator.

7 0
2 years ago
The Planning process team is progressing. The team has involved a number of expert opinions in trying to approximate the costs n
Andrei [34K]

Answer:

Chart of accounts.

Explanation:

Chart of account set up the codes which is used to determine the project cost. Under chart of account each account is assigned unique number and name. Example of chart of accounts include balance sheet accounts, asset accounts, liability accounts, revenue accounts, expenditure accounts, etc.

Chart of account is usually used by an organization to show that what amount of money is received or spent by each class of items. By segregating expenditure, revenues, liability, assets, etc. it provide better understanding to an organization about financial health.

8 0
2 years ago
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