The answer to this question is true
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Answer:
C. Total cost per unit times mark-up percentage per unit
Explanation:
The mark-up percentage is assumed to be computed by dividing the desired profit by the total cost.
The dollar amount of the mark-up per unit shall be computed by multiplying the total cost per unit with the markup percentage per unit.
The selling price of the product can be computed by adding the mark-up per unit to the cost price of each unit.
Answer:
c.
Explanation:
Based on the information provided within the question it can be said that the best kind of question to ask would be a fixed-alternative question. This is a question in which a question is given and the individual who is answering the question is also given a set of responses which they have to choose the correct one of the various options. Which in this case would be something along the lines of,
Do you believe in aliens?
a. yes
b. no
Answer:
Design
Explanation:
In Simon model of decision making process there are four phases
• Intelligence
• Design
• Choice
• Implementation
- Intelligence phase: In this phase problem, situation and opportunity is being identified. The variable is identified which impacts the decision.
It is based on the objective of organization and project
- Design phase: This is the phase in which a model for decision is being created. It is done by identifying relation between the variable of decision-making process. Their relationship is established and then model is constructed. Based on the model various alternative of decision is created. The outcome for each decision option is also predicted and
- Choice phase: Based on model prepared by design phase. Various alternative of decision is created. In this phase the best decision is chosen which helps in attaining the objective most productively.
- Implementation phase: based on choice made. The action and activities of the decision is applied to situation or the opportunity.
In the problem defined the phase which is being discussed is one in which criteria of decision , alternative for meeting and relationship between choice and criteria is evaluated which corresponds to design phase as discussed in the above model.
