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ankoles [38]
3 years ago
15

The advantages of _______ are having a greater pool of knowledge, gaining different perspectives, gaining intellectual stimulati

on, having a better understanding of decision rationale, and having a deeper commitment to the decision.
Business
1 answer:
riadik2000 [5.3K]3 years ago
3 0

Answer:

group decision making

Explanation:

Group decision making happens in schools, families, groups of friends, clubs, businesses, etc. Basically every place where more than one person works, studies, lives or plays.

It involves a group of people making a decision about a common issue or problem. Since the issue or problem affects them all, the group members participate in the decision making process and they try to find a common idea or action to follow. That doesn't always happen because many times people cannot agree about different issues, but it is always better to discuss the issues that affect the group with the group itself, rather than only one person choosing for them all.  

You might be interested in
Which of the following statements is false? Multiple Choice The short run refers to a period of less than one year. In the long
Jet001 [13]

Answer:

The short run refers to a period of less than one year.

Explanation:

The statements is false that the short run refers to a period of less than one year.

The short run, long run and very long run are different time periods in economics.

<u>Short run – where one factor of production (e.g. capital) is fixed</u>.

long run – Where all factors of production are variable,

Unlike in accounting where operating period refer to a period of one year, <u> there is no hard and fast definition as to what is classified as "long" or "short" and mostly relies on the economic perspective being taken.</u>

7 0
3 years ago
The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The
Furkat [3]

The calculated profit per unit for base-case, worst-case is, and best-case for the management of Brinkley corporation is:

  • $7
  • $3 per unit
  • $3 per unit

<h3>The Profit per unit for base-case:</h3>

45 - 1 1- 24 - 3 = $7

<h3>Profit per unit for worst case:</h3>

45 - 12 - 25 - 3 = $3 per unit

<h3>Profit per unit for best case:</h3>

45 - 10 - 20 - 3 = 12$ per unit

b. The mean profit per unit is given as $7.05

c. The reason the simulation approach is preferable is due to the fact that it can help to determine the probability of profit as a particular amount, unlike the what-if scenario analysis.

It can also create different scenarios for possible resources.

d. The probability of the fact that the profit per unit woul  be less than 5 is 9%

Read more on risk analysis here: brainly.com/question/6955504

5 0
2 years ago
The stock of Business Adventures sells for $50 a share. Its likely dividend payout and end-of-year price depend on the state of
Delvig [45]

Answer:

Holding period return = 14.49%, Standard Deviation = 11.08 approx

Explanation:

Eco Scenario    Dividend     Stock Price  HPR    Prob     Expected HPR

Boom                         3                 60         26        0.33        8.58

Normal                       1.2               58        18.4       0.33       6.072

Recession                  0.75            49        (0.5)      0.33      <u> (0.165)</u>

              Expected HPR                                                       14.49%

<u>Calculation Of Standard Deviation</u>

                                      (A)                     (B)           (A) - (B)  

P_{1}          P_{0}       D_{1}       Given return   Exp return       d          p           p.d^{2}

60        50      3            26                     14.49         11.51       0.33      43.718    

58        50      1.2          18.4                   14.49         3.91       0.33      5.045

49        50      0.75      (0.5)                    14.49        14.99     0.33      <u> 74.15</u>

                                                                                         Total p.d^{2} =  122.91

wherein, d = deviation

               p = probability

               Standard Deviation = \sqrt{Total\ p.d^{2} }  = \sqrt{122.91} = 11.08  

<u></u>

<u>Working Note</u>:

Holding period return = \frac{P_{1}\ -\ P_{0} \ +\ D_{1}  }{P_{0} }

Boom = \frac{60\ -\ 50 \ +\ 3  }{50 }   = 26%

Similarly, for normal = \frac{58\ -\ 50 \ +\ 1.2  }{50 }  = 18.4%

Recession = \frac{49\ -\ 50 \ +\ 0.75  }{50}  = (0.5)%

figure in bracket indicates negative return

7 0
3 years ago
The Canton Corporation shows the following income statement. The firm uses FIFO inventory accounting. CANTON CORPORATION Income
Zepler [3.9K]

Answer:

Aftertax income     47,278.7

Explanation:

Sales 14,600 units at $14.30 (10%Δ)       208,780

Cost of goods sold (unchanged)        <u>   (116,800)   </u>

      Gross profit                                         91,980

S&A expenses; 5% of sales

208,780 x 5% =                                          (10,439)

Depreciation  (unchanged)                    <u>   (14,000)  </u>

Operating profit                                           67,541  

Taxes (30% of operating profit)             <u>    20,262.3  </u>

Aftertax income                                          47,278.7‬

8 0
3 years ago
A diagramming tool used to express the relationships between entities in a database is called a:
Anna71 [15]

Answer: (B) Entity-relationship diagram.

Explanation:

 The entity relationship diagram is one of the type of graphical model or representation which is related to the entities in the form of organizational database.

  • The entity-relationship diagram is refers to the data modeling technique which basically illustrate the relationship between the information system entity.
  • It is typically used in an organization for the the purpose of database and represent the entity framework.  

According to the given question, the entity-relationship diagram is one of the type of diagramming tool which is used for express the different types of relationship between the database and the entities.

Therefore, Option (B) is correct.

8 0
3 years ago
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