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IgorLugansk [536]
3 years ago
9

In addition to biases existing on the part of people who do the ratings, the people who receive evaluations (i.e., the ratees) c

an be biased as well. One example of ratee bias is EGOCENTRIC BIAS, which is best described as:_________ a. The tendency to evaluate oneself more favorably than others do b. The tendency to believe that one can accomplish a task alone, when in fact, a team is needed c. The tendency to compare oneself with less fortunate and incompetent others d. The tendency to believe that others are envious of your abilities and competencies
Business
2 answers:
Anton [14]3 years ago
6 0

Answer:

A

Explanation:

In addition to biases existing on the part of people who do the ratings, the people who receive evaluations (i.e., the ratees) can be biased as well. One example of ratee bias is EGOCENTRIC BIAS, which is best described as: The tendency to evaluate oneself more favorably than others do

Egocentric bias happens when you depend on your way of perceiving things more than it really is or how it looks in the eys of others. It is basically seeing things through your perspective.

OLga [1]3 years ago
3 0

Answer:

Option A. The tendency to evaluate oneself more favorably than others do

Explanation:

The Egocentric bias is the reliance of the person on the perspective that the person can form an higher degree opinion of oneself than other do. In the given question, the person thinks that he can evaluate its rating of work done better than the others is egocentric biasness.

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Blossom Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at co
horsena [70]

Answer:

$1,012,696

Explanation:

The computation is shown below:

At Cost method:

Merchandise available for sale is :

= Beginning inventory + Purchases + Fright-in

= $403,500 + $3,608,000 + $169,500

= $4,181,000

At Retail method:

Merchandise available for sale:

= Beginning inventory + Purchases + Markups

= $604,000 + $5,393,600 + $424,000

= $6,421,600

Now

Ending inventory at retail is

= Retail  - Markdowns - Net sales

= $6,421,600 - $0 - $4,866,000

= $1,555,600

Now

Cost to retail ratio is

= $4,181,000÷ ($4,866,000 + $1,555,600)

= 65.10%

And finally the ending inventory at cost is

= $1,555,600 × 65.10%

= $1,012,696

8 0
3 years ago
Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $12,000/day to oper
stepan [7]

Answer:

Operate mine 1 four 4 days and mine 2 during 6 days to obtain minimum cost for the desired output of 850 gold and 18,000 silver

Explanation:

We generate the equation system on excel:

(50g + 3000s) Q_1 --> output generated on Mine 1

(75g + 1,000s) Q_2 --> output generated on Mine 2

12,000 Q1 + 17,000 Q2 = cost of the mines

we do solver to minimize the days of each mine considering a desired output of 18,000 silver and 650 gold:

and get the following:

M1  4 days  output: (50g + 3000s) 4 = 200 g    12,000s

M2 6 days  output: (75g + 1,000s) 6 =  450g      6,000s

Cost: 12,000 x 4 + 17,000 x 6 = 150,000

6 0
3 years ago
One of the lessons about competing in a globally competitive marketplace that comes from "playing" The Business Strategy Game is
vaieri [72.5K]

Answer: the dynamic, changing nature of competition makes it advisable for managers to make strategy adjustments of one kind or another on an ongoing basis to improve company's competitiveness vis-a-vis rivals and boost its overall performance (D).

Explanation:

The Business Strategy Game is an important part of strategic management. It encourages encourages individuals to combine several decisions into a unified strategy which is vital for important decision making.

The Business Strategy Game consist of a global marketplace because businesses need to learn about the competitive and strategic features of foreign competition and international markets. The Business Strategy Game helps mangers make strategic adjustments thereby boosting overall competitiveness and performance.

8 0
3 years ago
What handles more trades than any other market, the NTSE or Nasdaq?
bearhunter [10]
Nasdaq because it has a greater trading volume than any other US
6 0
3 years ago
Read 2 more answers
The following information is available for the Lock-Tite Company, which produces special-order security products and uses a job-
Savatey [412]

Answer:

1. $176,000

2. $192,500

Explanation:

1. Cost of direct materials used = $ 43,000 + $ 188,000 - $ 43,000 = $ 188,000 - $ 12,000 = $176,000

2. Cost of direct labor used = $ 250,000 - $57,500 = $192,500

5 0
3 years ago
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