1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Naddik [55]
3 years ago
12

Christin, the CEO of a national IT manufacturer, was approached by Ultimate Phones, a new company that is marketing a new type o

f phone, to partner with the company on a project. The results of the partnership are uncertain because the company (Ultimate Phones) and its technology are new. Christin is uncertain what to do because she is limited by numerous constraints, such as the uncertainty and complexity of the technology, the management success of Ultimate Phones, and time (because other companies are interested in the partnership). Christin is experiencing:A. an ethical dilemma. B. bounded rationality. C. groupthink. D. a bounded dilemma. E. limited scope.
Business
1 answer:
liraira [26]3 years ago
7 0

Answer:

B. bounded rationality.

Explanation:

Bounded rationality -

It refers to the idea where the decisions of the people are rational , within a limit of the specific information known and the mental capabilities , is referred to as the bounded rationality .

The concept was given by Herbert Simon  .

As the thinking capacity and the information have some limit , hence the decision are also limited .

Hence , from the given scenario of the question ,

The correct answer is bounded rationality .

You might be interested in
Rank the following types of businesses in order of risk to you, with the highest being number 1: partnership, limited partnershi
kompoz [17]

Answer:

  1. Sole Proprietorship
  2. Partnership
  3. Limited Partnership
  4. Limited Liability Company      

Explanation:

Sole Proprietorship is the type of business in which the liability is not limited. Due to this issue, the owner is solely responsible to pay off the debts of company from his personal owned assets if the business goes bankrupt.

Partnership is just like sole proprietorship but here the partners are the only responsible persons to payoff the debt of the company because the liability is limitless. The burden of the company debts is equally shared among the partners.

Limited Partnership is less risky because the liability is limited and only the amount invested in the business is subjected to the payment of borrowings from the lenders. The limited partner is responsible for his actions which means if his misdeed resulted in fine then it would be paid from his share first and then the other partners are equally liable to for compensation if their is still any amount left.

In the case of Limited liability company, the liability is limited and the burden of the payment of the liability falls on the company. So the investor is not subjected to pay the debts of the company because the limited liability company is a separate entity and is solely liable to pay for its debts.

8 0
3 years ago
Business behavior determines the ethics of society.We can improve society's moral and ethical behavior by first making a commitm
valkas [14]

Answer: The correct answer is False.

Explanation:

Business behavior will not determine the ethics of society. Businesses can't be responsible to change the moral and ethical behaviors of a single person or an entire world. Only a person can change their own behavior. A society in whole can only be changed by each person acting upon their own free will.

If a business is not ethical, then they need to change the way they work and do business and lead by example.

7 0
3 years ago
The impact lag facing the Fed is
Annette [7]

Answer: A: the time required for monetary policies to take effect

Explanation:

The impact lag also known as the response lag is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.

For instance, during the last recession, several policies were introduced by the government to manage the situation . The time it takes for the citizens to feel the impact of these policies is known as the impact lag phase.

6 0
3 years ago
Suppose that the government of Ping's hears of the working conditions and the country seizes the Quality Dragon plant in which P
KATRIN_1 [288]

Answer:

The answer is: A) expropriation

Explanation:

Expropriation is the seizure of private property by a government entity or government agency for the purpose of public interest. Usually owners that lose property due to expropriations, receive some type of compensation for their loss. It also can refer to private property being taken away by another private entity with the authorization of a government entity or agency. A common example of expropriation is land being taken away for building roads or dams.

In this case the Quality Dragon plant was expropriated by a private entity who was authorized by the government and the owner was received a monetary compensation for his loss.

5 0
3 years ago
The computer accessories that Javier is making and
andrezito [222]

Answer:

E. Profit motive

Explanation:

Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.

This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.

Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.

In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.

Thus, this is an example of profit motive.

4 0
3 years ago
Other questions:
  • A business collects data about its market size, consumers’ purchasing power, market competition, similar products, and so on. Th
    13·1 answer
  • Additional data: 1. Dividends declared and paid were $25,400. 2. During the year, equipment was sold for $8,700 cash. This equip
    8·1 answer
  • Leslie Printing has net income of $26,310 for the year. At the beginning of the year, the firm had common stock of $55,000, paid
    6·1 answer
  • Cadmia and Rhodia specialize in the production of electronics and pharmaceutical products respectively. They are considered the
    11·1 answer
  • 13. The work day has just started and you receive reports that the inventory management server is not accessible on your company
    5·1 answer
  • Sales discounts: A)Refer to merchandise that customers return to the seller after the sale. B)Refer to reductions in the selling
    11·1 answer
  • How do u mark brainlist pls? hurry
    6·1 answer
  • The slope of the security market line represents the:__________a) risk premium on an individual asset. b) beta coefficient. c) r
    5·1 answer
  • Kelia, the owner of a Lebanese factory that produces electrical converters, recently learned that the EU will begin taxing all e
    6·1 answer
  • the narnian stock market had a rate of return of 45% last year, but the inflation rate was 30%. what was the real rate of return
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!