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4 years ago

Identify whether each example in below is a programmed or nonprogrammed decision.

Business

1 answer:

insens350 [35]4 years ago

5 0

Answer:

The answers are:

1. nonprogrammed decision

2. programmed decision

3. nonprogrammed decision

4. programmed decision

Explanation:

Programmed decisions are decisions for which the decision maker has developed certain set of guiding rules for, over time, as a result of repetition. Here the results can be predicted with a reasonable degree of accuracy, because the situations surrounding the circumstances are well known. In our example, feeding the puppy overtime has become routine, hence it is a programmed decision, also, the choice of tea at Starbucks is a programmed decision because you know what to expect and that is because you have tried the other varieties and come to a conclusion on the choices to be made which is well understood.

On the contrary, a nonprogrammed or nonroutine decision is a decision that is based on circumstances that are not entirely predictable to a reasonable extent. The structure of the circumstances surrounding the decision to be made is not well understood. There are so many "what ifs". These decisions can be said to be novel, and they are not routine. In our example, the choice of the constructor to use for your kitchen design and the decision by the accounting firm on whether to renew the lease or relocate are nonprogrammed because these decisions are not everyday decisions and the decision makers are not certain what the outcomes will be depending on the choices they make, if they will eventually regret it or not.

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Suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the supply the housing. Assumin

Allisa [31]

Answer:

,000 new apartments will make the equilibrium price = $1,500
10,000 new apartments will make the equilibrium price = $1,000
15,000 new apartments will make the equilibrium price = $500

Explanation:

Rent Demand Supply

2,500.00 10000 15000

2,000.00 12500 12500

1,500.00 15000 10000

1,000.00 17500 7500

500.00 20000 5000

The equilibrium quantity is 12,500 apartments with a $2,000 rent per month. If the government wants to lower the equilibrium rent price by increasing the supply of apartments, then it must build:

5,000 new apartments will make the equilibrium price = $1,500
10,000 new apartments will make the equilibrium price = $1,000
15,000 new apartments will make the equilibrium price = $500

8 0

3 years ago

Today is January 1, 2009. The state of Iowa has offered your firm a subsidized loan. It will be in the amount of $10,000,000 at

erastova [34]

Complete question:

Today is January 1, 2009. The state of Iowa has offered your firm a subsidized loan. It will be in the amount of $10,000,000 at an interest rate of 5 percent and have ANNUAL (amortizing) payments over 3 years. The first payment is due today and your taxes are due January 1 of each year on the previous year's income. The yield to maturity on your firm's existing debt is 8 percent. What is the APV of this subsidized loan? If you rounded in your intermediate steps, the answer may be slightly different from what you got. Choose the closest.

A. -$3,497,224.43 B. $417,201.05 C.$840,797 D. None of the above

Answer:

$840,797 is the APV of this subsidized loan

Solution:

Input the loan in a financial equation first and resolve the payment:

PV=10,000,000

N= 3I = 5%

PMT = 3,672,085

Now, find the APV of the loan:

CF0 = $10,000,000

CF1= -$3,502,085

= -$3,172,085 - .66 * $500,000CF2

= -$3,556,011CF3

= -$3,612,632I

= 8%

APV = $840,797

5 0

4 years ago

Macroeconomics is the branch of economic theory that deals with behavior and decision making by small units such as individuals

Bezzdna [24]

Answer:

True

Explanation:

Macroeconomics is a part of financial aspects that reviews how a general economy—the market frameworks that work on a vast scale acts. Macroeconomics manages the exhibition, structure, and conduct of the whole economy, rather than microeconomics, which is progressively centered on the decisions made by singular entertainers in the marketplace.

Macroeconomists create models clarifying connections between these components. Such macroeconomic models and the gauges they produce are utilized by government elements to help in the development and assessment of financial, money related, and monetary approaches; by organizations to set methodology in household and worldwide markets.

3 0

3 years ago

Read 2 more answers

Suppose you have the following information on Sam's budget. Sam has a yearly budget of $2000 to spend on consuming concert ticke

AleksAgata [21]

Answer:

Bundles A B C D

Concert Tickets 80 60 20 0

Books 0 50 150 200

Explanation:

Since each concert ticket costs $25,

if Sam spends $2,000 on concert tickets, he will purchase 80 tickets
if he spends $1,500 on concert tickets, he will purchase 60 tickets

if he spends $500 on concert tickets, he will purchase 20 tickets

Since each concert ticket costs $10,

if Sam spends $2,000 on books, he will purchase 200 books
if he spends $1,500 on books, he will purchase 150 books
if he spends $500 on books, he will purchase 50 books

6 0

3 years ago

Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to s

andrezito [222]

Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. Under "current liabilities"section of balance sheet this account will be recorded as "account payable".

Answer: Option (B) is correct

Explanation:

Raw material purchased on credit from a vendor is a liability and it is shown under current liabilities in "accounts payable". Since raw material purchased on credit and payment is to be made after two months.

Payment due gives rise to liability. Now current liability is a company's short term obligations that are to be paid back within a year. Here the firm will have to make payment within two months to the vendor.

8 0

3 years ago

Read 2 more answers