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Ksenya-84 [330]
3 years ago
5

An organization decides to ask three advertising agencies to pitch a proposal to handle the organization's business, instead of

asking all of the advertising agencies in the city where this organization's headquarters are located to pitch the account. What type of decision does this represent?
A. Programmed
B. Nonprogrammed
C. Satisficing
D. Certainty
E. Illusion of control
Business
1 answer:
PtichkaEL [24]3 years ago
4 0

Answer:

C.

Explanation:

Satisficing is searching for and accepting something that is satisfactory rather than insisting on the perfect or optimal.

Managers tend to satisfice rather than optimize in considering and selecting alternatives.

Characteristics:

-accept good enough

-do not obsess over other opinions

-can move on after deciding

-happier with outcomes

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Mikey is very picky and insists that his mom make his breakfast with equal parts of cereal and apple juice any other combination
timofeeve [1]

Answer: Mikey's mom will buy 80 tablespoons each of cereal and juice. Option C.

Explanation:

We will get the correct option by calculating each option thus:

Cereal = 4 cents per tablespoon.

Juice = 6 cents per tablespoon.

Option A. 40 tablespoons of cereal and 75 tablespoons of juice.

40 tablespoons of cereal X 4 cents = 160 cents = $1.6

75 tablespoons of juice X 6 cents = 450 cents = $4.5

Option A gives a total of $6.1 (WRONG).

Option B. 100 tablespoons of cereal and 67 tablespoons of juice

100 tablespoons of cereal X 4 cents = 400 cents = $4

67 tablespoons of juice X 6 cents = 372 cents = $3.72

Option B gives a total of $7.72 (WRONG).

Option C. 80 tablespoons each of cereal and juice.

80 tablespoons of cereal X 4 cents = 320 cents = $3.2

80 tablespoons of juice X 6 cents = 480 cents = $4.8

Option C gives a total of $8 (CORRECT)

Option D. 40 tablespoons each of cereal and juice.

40 tablespoons of cereal X 4 cents = 160 cents = $1.6

40 tablespoons of juice X 6 cents = 240 cents = $2.4

Option D gives a total of $4 (WRONG)

Therefore, the correct option is C.

3 0
3 years ago
Michael Chang buys only tennis rackets during a particular year. During the year in question, the price of all goods rises by 10
Zolol [24]

Answer:

Michael does not experience inflation because he only buys Tennis rackets

Explanation:

Inflation is defined as increases in price per unit price.

It is the prolonged increase in the price of goods and services caused by devaluation of currency , demand -pull or cost - push. While a certain degree of inflation can be beneficial to a thriving economy , it can become a threat if it becomes larger.

One of the direct impact of inflation is rise in price of goods and services.

As the price of rackets was not affected by the inflation , that means that Michael was not affected by the inflation.

6 0
3 years ago
Suppose that a consumer has a health insurance program with co-payments of $10 per doctor visit. If the consumer purchases 6 doc
Katarina [22]

Answer:

$300

Explanation:

Given that s a health insurance program with co-payments of $10 per doctor visit.

Thus,

amount paid by insurance in 1 visit = $10

Amount paid by insurance in 6 visit = $10*6 = $60

Total bill charged by the doctor in 6 visit = 360

Amount paid by the consumer = Total bill charged by the doctor in 6 visit - Amount paid by consumer in 6 visit = $360 - $60 = $300

Since , consumer is the third party payer he pays $300 out of total $360 bill charged by the doctor.

In fraction ,portion of bill paid by the third party payer = 300/360 = 5/6

Thus, 5/6 portion of bill is paid by third party payer.

3 0
3 years ago
Sales-Related and Purchase-Related Transactions Using Perpetual Inventory SystemThe following were selected from among the trans
sveticcg [70]

Answer:

Nov 3

Inventory 64,000

Account Payable 64,000

Nov 4

Cash 40,080

Sales Revenue 40,080

COGS 24,580.5

Inventory 24,580.5

Nov 5

Inventory 51,620

Account Payable 51,620

Nov 6

Account Payable 13,600

Inventory 13,600

Nov 8

Account Receivable 14,830

Sales Revenue 14,830

COGS 9,240.13

Inventory 9,240.13

Nov 14

Account Payable 50,400 (64,000-13,600)

Inventory 1,008 (50,400 x 2%)

Cash 49,392(50,400-1,008)

Nov 14

Account Receivable 231,020

Sales Revenue 231,020

COGS 135,490.15

Inventory 135,490.15

nov 23

cash 14,830

account receivable 14,830

Account Payable 51,620

Inventory 1,016 (50,800 x 2%)

Cash 49,784(51,620-1,016)

nov 24

Account Receivable 53,800

Sales Revenue 53,800

COGS 37,340.28

Inventory 37,340.28

nov 28

credit card charge expense 3,690.3

cash 3,690.3

nov 28

sales return and allowance 5,610

cash 5,610

Inventory 2,990

COGS 2,990

5 0
3 years ago
g Each division has a manager who is paid a salary of $130,000 annually and one assistant manager who is paid $70,000 annually H
olga_2 [115]

Answer:

$0

Explanation:

Common fixed expenses are expenses that cannot be traced to any specific division, business unit or store/office within a larger company. In this case, each division has its own manager and assistant manager, but their salaries can be traced to the corresponding division, therefore, they cannot be considered common fixed expenses. Examples of common fixed expenses are the CEO's salary (or any other upper management or board of directors), their assistants or certain administrative costs that are incurred by them.

4 0
3 years ago
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