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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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A country recently experienced a drop in consumer purchases and a rise in business inventories of durable goods. Wages grew slow
brilliants [131]

Answer:

A recession

Explanation:

A recession is a period of slow or negative economic growth that lasts several months. In a recession, there is a general decline in productivity in the economy. In other words, the GDP growth rate drops too low or turns negatives.

Due to low productivity, unemployment rate rises as the industries and services sectors lay-off workers instead of creating job opportunities.  There is reduced consumer confidence leading to low retail sales and a decline in prices.

Negative growth implies reduced levels of investment in the economy. Businesses experience low profits, and hence, stock prices fall.  Economist considers recessions a part of a normal business cycle.

8 0
3 years ago
Duc has been employed by Longbow Corporation for 25 years. During that time, he bought an annuity at a cost of $50 per month ($1
Arte-miy333 [17]

Answer:

a. How much gross income does Duc have from the contract in the current year?

According to the IRS, Duc's life expectancy is 90 years and 8 months, or 310 more months. This means that Duc can discount from his monthly income $15,000 / 310 = $48.39 (which we must round down to $48).

Duc received 8 x $200 = $1,600

deductions = 8 x $48 = $384

taxable income = $1,216

b. Assume that Duc dies on April 2, 2025. How does Annika account for the contract in 2025?

Annika should account for the contract in the same way as Duc did, and will also be able to discount $48 per month form her gross income. Since Annika will still file her taxes as married during 2025, she will report net income from this contract = ($200 - $48) x 12 months = $1,824

c. Assume the same facts as in part b and that Annika dies on August 4, 2032. How does the executor of Annika's estate account for the contract in the year of her death?

Both Duc and Annika received [(2032 - 2019) x 12] + 4 = 160 payments in total, so her estate is entitled to a tax deduction = (310 - 160) x $48 = $7,200

Since she died on August, her estate must also report income = ($200 - $48) x 8 = $1,216

3 0
3 years ago
Accounts Payable: $19,207
lisabon 2012 [21]

Answer:

total liabilities = $169,008

Explanation:

total liabilities:

  • Accounts Payable: $19,207
  • Discount on Bonds Payable: ($7,000) ⇒ contra liability account
  • Sales Tax Payable: 3,512
  • FICA Tax Payable: 3,200
  • Bonds Payable: 100,000
  • Note Payable, due in two years 1,709
  • Unearned Service Revenue 30,500 ⇒ must be reported as a liability
  • Salaries and Wages Payable 17,880

to determine the total liabilities we just have to add both current and long term liabilities, and subtract any contra liability accounts = $176,008 - $7,000 = $169,008

7 0
3 years ago
Which is the biggest company in Germany?
Fynjy0 [20]
Royal Dutch Shell
Shell
7 0
3 years ago
Determine the market potential for a product that has 20 million prospective buyers who purchase an average of 2 per year and pr
Gnoma [55]

4,000,000 units should be sold a company

<u>Explanation:</u>

<u>Calculating the sales in units:</u>

It has been given that the toal market demand is $20 million, average quantity purchased by buyer per year is 2 units, price average is $50, and the desired share of the market is 10%.

Q=n * q * p

Where:

Q = Total market demand,

N = number of buyers in the market, q = average quantity purchased by the buyer per year,

P = price of average unit

$\mathrm{Q}=20,000,000$ buyers $* 2$ per unit per buyer $* \$ 50$ per unit

= $2,000,000,000

Market share = $(20,000,000 \text { buyers } * 2 \text { units per buyer }) * 0.1$

= 4,000,000 units

Hence, the company should sell 4 million units to achieve 10 percent market share.

6 0
3 years ago
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