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Orlov [11]
3 years ago
14

Otis, the manager of a camera store, believes that his store may be closed by corporate in the near future, so he cannot sleep w

ell at night and he is dealing with severe anxiety and irritability, and he has been ill several times this month. Several times Otis has missed important details in his job, and he almost got in an automobile accident this morning. The district manager is coming today to do his bimonthly evaluation of Otis’s store. Although Otis usually performs well, he is worried about this one. His district manager may be influenced by ________ bias.
Business
2 answers:
Mandarinka [93]3 years ago
7 0

Answer:

Panic

Explanation:

A panic attack is the abrupt onset of intense fear or discomfort that reaches a peak within minutes and includes at least four of the following symptoms: Palpitations, pounding heart, or accelerated heart rate. Sweating. Trembling or shaking. Sensations of shortness of breath or smothering.

Leona [35]3 years ago
6 0

Option:

D) framing  bias

Answer:

D) framing  bias

Explanation:

Framing bias takes place when someone makes a decision based on how the facts are presented, and the circumstances surrounding the facts, rather than the facts themselves. For example, an investor who approves how a company is being managed may consider a bad situation a minor misstep, while other investor that dislikes current management will consider it a great mistake. Probably the facts were half way between both appreciations.

We tend to build a framework of how we expect certain things to be done or how we like certain things to be done. Our expectations are usually based on how we feel about things, not about the things themselves.

In this case, Otis is worried because he believes that his store will close, and the district manager must know better. So when the manager gets there, he/she will have a preconceived idea that the store doesn't function properly and must close. Whatever facts Otis tells him/her, it wouldn't matter a lot because the premise is that the store must close and the review will focus more on the negative aspects.

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Fill in the missing amounts.
Marrrta [24]

Answer:

Find my analysis below

Explanation:

The gross profit rate is the portion of net sales earned as gross profit prior to considering operating expenses as indicated by the formula below:

gross profit rate=gross profit/net sales

The profit margin measures the net income as a percentage of net sales

profit margin=net income/net sales

                                Crane company Sheridan company

Sales revenue                 $94,200  $103,000  

sales returns and allowance  $14,000  $3,000  

Net sales                           $80,200  $100,000  

cost of goods sold                  $54,200  $50,000  

Gross profit                               $26,000  $50,000  

Operating expenses            $14,700  $34,400  

Net income                            $11,300  $15,600  

 

Gross profit rate=gross profit /net sales 32.4% 50.0%

Profit margin=net income/net sales         14.1% 15.6%

Crane company Sheridan company

Sales revenue                 94200 =F5+F4

sales returns and allowance  =E3-E5 3000

Net sales                       80200 100000

cost of goods sold              54200 =F5-F7

Gross profit                       =E5-E6 50000

Operating expenses        14700 =F7-F9

Net income                            =E7-E8 15600

 

Gross profit rate=gross profit /net sales =E7/E5 =F7/F5

Profit margin=net income/net sales =E9/E5 =F9/F5

7 0
2 years ago
In January of 2018, the Phillips Company purchased a patent at a cost of $100,000. In addition, $10,000 in legal fees were paid
soldi70 [24.7K]

Answer:

The answer is: $113,000

Explanation:

By 2020, Phillips Company had already amortized $22,000 of the patent expenses (2 years x [10% x ($100,000 + $10,000)]). Since it lost its patent defense in 2020, it will now have to write off $113,000 ($88,000 pending amortization + $25,000 in legal fees) for the adjustment of its 2018 income.

5 0
3 years ago
Tom strongly believes that raising tax rates for the rich is the only way to steer the economy out of a recession because it is
BabaBlast [244]

The answer to the blank space is a contrast effect. A contrast effect is defined as a psychological bias where individuals are prone to evaluating that a stimulus is more positive because a similar stimulus was previously perceived as negative.

This is what is going on with Tom; despite having been presented information by Sam regarding how low taxes in general creates higher tax revenue, Tom still believes that taxing the rich would generate greater tax revenue to reduce the effect of recession.

4 0
3 years ago
A new brand of peanut butter cookies includes Hershey's Kisses chocolates on top. Which of the following is this new brand using
astra-53 [7]

Answer:

B) brand alliance

Explanation:

Firms with a limited reputation sometimes form a brand alliance with a reputable firm so as to gain from the quality associated with the known brand

4 0
3 years ago
​Vroom-Va-Voom regularly polls its customers for their opinions about its products and its employees about working conditions. T
Anon25 [30]

Answer:

managing stakeholder relationship

Explanation:

Based on the information provided within the question it can be said that in this scenario these are two example of managing stakeholder relationship. This refers to a company performing certain actions and decisions in order to meet the expectations and agreed upon objectives of the company's stakeholders. Which is what Vroom-Va-Voom is doing by gathering information on how to better their company to generate more revenue. Thus making stakeholders happy.

6 0
3 years ago
Read 2 more answers
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