Answer:
Nominal Approach
Explanation:
The approach which is followed by manager is the Nominal approach or technique, it is that technique which involves the group process comprise of solution generation, decision making and problem identification.
It can be used many sizes of the group, who want to take a decision as by vote, rank but include everyone opinions. Therefore, in situation, this approach is used.
Answer:
The insurance expense to be recorded for period ended 31 January 2013 is $900
The insurance expense to be recorded for period ended 31 January 2014 is $1200
Explanation:
From the date of insurance premium payment till 31 January 2013 gives a period of nine months, which means that nine months of insurance premium should be recognized as expense in that period.
January 31 2013 insurance expense=$2400*9/12
=$900
From February 1 2013 till January 31 2014, gives a complete year, which means 12-month insurance premium should be recognized in that period,hence the below calculation:
January 31 2014 insurance expense=$2400*12/24
=$1200
Answer:
The correct answer is letter "B": Utilitarianism.
Explanation:
Utilitarianism is a philosophical doctrine that emphasizes the maximization of the use of goods for the greatest number of people available in a society. The most relevant characters proposing this idea were British philosophers Jeremy Bentham (1748-1832) in "<em>Introduction to the Principles of Morals and Legislation</em>" (1789) and John Stuart Mill (1806-1873) in "<em>Utilitarianism</em>" (1863).
Then, <em>utilitarianism could be implemented to implement cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business.</em>
Answer:
The answer is: Threat of Substitutes
Explanation:
In this case Kodak film was replaced by a different technology (digital cameras) that solved the same economic need, photography. A digital camera captures photographs and stores them in a digital memory. There was no demand for photographic film anymore.
Ironically, a few years later digital cameras were almost completely replaced by cell phone cameras following the same principle.
Answer:
Lack of significant discounts in online shops
Lack of touch and feel of merchandise in online shopping
Delay in delivery
Lack of interactivity in online shopping
Lack of shopping experience
Lack of close examination in online shopping
Frauds in online shopping
Explanation:
