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3 years ago

6

True or false: A decision tree is an analytical tool that can help managers to understand the possible consequences of their dec

isions and to create a plan to reach a goal.

1 answer:

ludmilkaskok [199]3 years ago

5 0

Answer:

True

Explanation:

A decision tree is useful in helping managers comprehend the possible consequences of their decisions and establish a model to attain their goal

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Related to the Economics in Practice on page 77: If a hurricane results in the supply of hotel rooms decreasing and the demand

UkoKoshka [18]

Answer:

Increases; Ambiguous effect on equilibrium quantity

Explanation:

This situation states that the supply of hotel rooms decreases and the demand for hotel rooms increases due to the hurricane, so this change will shift both the supply curve and the demand curve in the hotel rooms market.

This will shift the supply curve leftwards and demand curve rightwards, therefore as a result, there is an increase in the equilibrium prices and the effect of this change on the equilibrium quantity is ambiguous because that will be dependent upon the magnitude of the shifts of demand and supply curve.

5 0

3 years ago

A remotely located air sampling station can be powered by solar cells or by running an above ground electric line to the site an

Olin [163]

Answer:

a) should install the solar cells

alternative 1, solar cells

initial investment $18,000

annual expenses $2,400 (5 years)

NPV = $27,097.89

AW = (10% x $27,097.89) / [1 - (1 + 10%)⁻⁵] = $7,148.36

alternative 2, power line

initial investment $27,500

annual expenses $1,000 (5 years)

NPV = $31,290.79

AW = (10% x $31,290.79) / [1 - (1 + 10%)⁻⁵] = $8,254.43

b) $23,307.10

3 0

3 years ago

Polaroid’s 3d pen allows users to create 3d models. You can free draw or use the polaroid trace app to trace over stencils and b

hammer [34]

For Polaroid, the addition of the 3D pen to the U.S. market would be viewed as a <u>market development</u> strategy on product-market matrix.

<h3>What is a product-market matrix?</h3>

This refers to a business map that helps the Product Managers to map the strategic market growth of their products. This Matrix was named after Igor Ansoff, who was a a mathematician and business manager who published an essay outlining the matrix in the Harvard Business Review in 1957.

The 4 strategies of Ansoff Matrix (product-market matrix) includes:

market penetration
market development
product development
diversification.

In conclusion, the addition of the 3D pen to the U.S. market would be viewed as a market development strategy on product-market matrix.

Read more about product-market

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7 0

2 years ago

A salesperson receives a base salary of $1,200 per month plus a commission of 6 percent on each sale. The following sales were m

Sveta_85 [38]

Answer:

$4062

Explanation:

base salary of $1,200

+ 6% of each sale

so $1,200 + $390 + $619.20 + $42 + $70.80 + $1,740

=$4062

5 0

2 years ago

Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Pro

Allushta [10]

Answer:

$27,800

Explanation:

Given that

Government Divisional segment margin = $40,300

Export Products Division = $92,700

Common fixed expenses = $105,200

The computation of net operating income is shown below:-

Total segment margin = Government divisional segment margin + Export Products Division

= $40,300 + $92,700

= $133,000

Net operating income = Total segment margin - Common fixed expenses

= $133,000 - $105,200

= $27,800

7 0

3 years ago