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exis [7]
3 years ago
8

The final step in the decision-making process requires that mangers: a.select from a set of potential alternatives. b.identify t

he alternatives to address a problem. c.evaluate the effectiveness of their decision. d.recognize and define a decision situation.
Business
1 answer:
nasty-shy [4]3 years ago
3 0

Answer:

c.evaluate the effectiveness of their decision.

Explanation:

Evaluation of outcomes or results of decision made is a very important final step in the decision making process. Lessons can be learnt on how to make processes better in the future. If the outcome is not favourable it is an indicator that another approach should be formulated to solve the problem.

The steps in manager's decision making are:

-Identify the problem

-Seek information

-Brainstorm solutions

-Weigh alternatives

-Choose alternative

-Implement plan

-Evaluate effectiveness of decision

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On January 1, 2016, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and insta
VikaD [51]

Answer:

B. $6,000

Explanation:

The computation of the annual depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)  

= ($41,000 - $5,000) ÷ (6 years)  

= ($36,000) ÷ (6 years)  

= $6,000

The original cost is computed below:

= Purchase value + transportation and installation cost

= $40,000 + $1,000

= $41,000

8 0
3 years ago
Consider the following two goods: beer and hamburgers. The slope of the consumer’s budget constraint is measured by the
topjm [15]

Answer:

D. relative price of beer and hamburgers

5 0
3 years ago
roponents of zero inflation argue that a successful program to reduce inflation a. permanently raises unemployment. b. eventuall
madreJ [45]

Proponents of zero inflation say that a successful program to lower inflation gradually reduces inflation expectations.

A program is a set of instructions that a computer employs to perform a certain purpose. A program is analogous to a computer recipe. It includes a list of materials as well as instructions that inform the computer how to complete a certain task. Specific programming languages, such as C++, Python, and Ruby, are used to construct programs. These are high-level programming languages that are both human-readable and writable. Compilers, interpreters, and assemblers within the computer system transform these languages into low level machine languages. Assembly language is a low-level language that is one step beyond machine language and may technically be written by a person, however it is usually much more cryptic and complex.

Learn more about Proponents here

brainly.com/question/14294080

#SPJ4

3 0
1 year ago
In a labor market comprising many firms hiring many workers with identical skills, which of the following is correct?
serg [7]

Answer:

Individual firms and workers are wage takers because they cannot exert any control over the market wage rate.

Explanation:

Remember, a labor market shows the availability of employment and labor, in terms of their supply and demand.

This scenario occurs in a purely competitive labor market.

In this market there many qualified workers with identical skills; meaning the workers share similar skills while the demand for such skills is high because of their importance to firms.

4 0
3 years ago
Accounting is an information and measurement system that: I.Communicates business activitiesII.Identifies business activitiesIII
andriy [413]

Answer:

I.Communicates business activities

II.Identifies business activities

III.Records business activities

IV.Helps people make better decisions

Explanation:

Accounting is an information measurement system that identifies business activities, records the business transactions as they occur, in order in which they occur, communicate the result of operations to interested parties  which helps all the stakeholders make informed decision.

The main goal of accounting information is to communicate the true and fair view position of the entity to people that may want to make informed judgment on the entity.

7 0
3 years ago
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