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il63 [147K]
3 years ago
11

Your city newspaper publishes a "Best of" poll that lists its readers' favorite restaurants. Mundo Bar and Grill is ranked as th

e best casual restaurant. Your best friend had dinner at Mundo Bar and Grill last week and commented that the food was mediocre and the service was slow. You decide not to have dinner at Mundo Bar and Grill based on your friend's experience. Your decision illustrates that people
a. are reluctant to change their minds.
b. are overconfident.
c. give too much weight to a small number of vivid observations.
d. are satisficers.
Business
2 answers:
jeka943 years ago
8 0

Answer:

The correct answer is the option C: give too much weight to a small number of vivid observations.

Explanation:

To begin with, in the case that a close friend had told you that he had a bad experience in a certain place, a restaurant in particular this time, does not states the fact that it will always be like that for every person that goes to that place because it may have been a bad day for the employees and that impacts at their work while if you go any other day every detail is taking care nicely. Therefore that the people give too much  weight to small number of vivid observations due to the fact that the article published in the newspaper must have been made with over dozens of observations and comments, not just one, and the major agreement is that those places are good ones to go to eat.

valina [46]3 years ago
4 0

Answer:

The answer is option D) My decision illustrates that people are satisficers

Explanation:

Satisficers are people who want good enough and n this case, the opinion of my best friend about Mundo Bar and grill helped in my decision making process.

Satisficers are individuals who are pleased to settle for a good enough option, not necessarily the very best outcome in all respects.

A satisficer is less likely to experience regret, even if a better option presents itself after a decision has already been made.He is a pragmatic individual who makes decisions based on meeting requirements in a timely manner, finding the “good enough” solution and moving on. The word is a portmanteau of the words satisfy and suffice.

Satisficing is a decision-making strategy or cognitive heuristic that entails searching through the available alternatives until an acceptability threshold is met

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Fairview Community College is a multi-district college with four campuses. Each campus has one president, two vice presidents, f
EastWind [94]

Answer:

The correct answer is b. chain of command

Explanation:

A chain of command is a system of sending information characteristic of organizations with strong, vertical and authoritarian hierarchical structures, such as political-party and military organizations, where orders, rewards and penalties flow from the tip of the pyramid organizational to the base, and where it is expected that only the required information, entrusted activities and tasks flow to the top of it.

7 0
3 years ago
What type of PMO do you think would be the best type to start with if your organization does not have a PMO
klemol [59]

Answer: Controlling PMO

Explanation:

Controlling PMO works as an auditor for the company, tis check the organization tools, processes and ensures if standard are applied in projects. They are known by their level at which they control projects, they manage the project activities and budget. Actions are taken into place when measures are not met in the processes, tools and standard.

6 0
2 years ago
Monopolistic competition resembles pure competition because:
OleMash [197]

Answer:

The correct answer is D.

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another as goods but not perfect substitutes (such as from branding, quality, or location). In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms.

Monopolistic competitive markets:

have products that are highly differentiated, meaning that there is a perception that the goods are different for reasons other than price;

have many firms providing the good or service;

firms can freely enter and exits in the long-run;

firms can make decisions independently;

there is some degree of market power, meaning producers have some control over price; and

buyers and sellers have imperfect information.

7 0
3 years ago
Margot is giving a persuasive speech in her health class. Her topic is obesity in kids. Her first main point is, "Childhood obes
VladimirAG [237]

Answer: Problem-Solution

Explanation: Problem solution pattern is process of moving from a start state (problem) to a goal state (solution).

Margot starts from talking about child obesity and how this can be resolved.

5 0
3 years ago
Bernice’s has $823,000 in sales. The profit margin is 4.2 percent and the firm has 7,500 shares of stock outstanding. The market
Irina-Kira [14]

Answer:

a. 3.58

Explanation:

the price earning ratio is obtain with the following formula:

\frac{Market \: Price}{EPS}

We are given with the market price, now we need to solve for the EPS

with sales and profit margin we solve for net income. then we divide by the shares outstanding to get the EPS

823,000 sales x 4.2 profit margin = 34.566‬ net income

now we solve for EPS Earning per share:

\frac{Income}{Shares}\\\frac{34,566}{7,500} = 4.6088‬

Now we can sovle for price-earnings ratio

\frac{Market \: Price}{EPS}

16.50/4.61 = 3,5791 = 3.58

8 0
2 years ago
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