Answer: Satisficing
Explanation:
According to the given question, the Charlotte's strategy for the decision making process is one of the example of satisficing.
The satisficing is one of the type of tendency is that helps in searching for the alternatives solutions until the best solution is found based on the needs and the standard.
The main aim of the satisficing is that it focuses on the various types of pragmatic efforts or the optimal outcome based on the available time and the resources. Therefore, Satisficing is the correct answer.
Answer:
Close-ended questions
Explanation:
Flora should simply ask people if they choose her dealership for service, reputation, or location, which would be a close-ended question.
She could also use some probing questions in order to further research the reasons why customer prefer her dealership.
Answer:
The administrative expenses in the planning budget for June would be closest to:
- d. $5,670 ⇒ $5,400 + (2,700 x $0.10) = $5,400 + $270 = $5,670
The net operating income in the planning budget for June would be closest to:
- c. $16,220 ⇒ ($47.80 x 2,700) - [$50,200 + (2,700 x $23.20)] = $129,060 - ($50,200 + $62,640) = $129,060 - $112,840 = $16,220
The medical supplies in the flexible budget for June would be closest to:
- d. $18,440 ⇒ $1,700 x (2,700 x $6.20) = $1,700 + $16,740 = $18,440
Answer:
Target unitary cost= $30
Explanation:
Giving the following information:
Selling price= $62 per unit
Desired profit= $32 per unit
<u>To calculate the target unitary cost, we need to use the following formula:</u>
Target unitary cost= selling price - desired profit
Target unitary cost= 62 - 32
Target unitary cost= $30
Answer:
The budgeted operating income for 7,200 chairs sold is $13,826.
Explanation:
<u>Wicker Chair Co. budgeted operating income</u>
Sales (7,200 chairs × $52) $374,400
Less Expenses
Variable (7,200 chairs × $39.20) ($282,240)
Fixed ($78,334)
Budgeted Income / (loss) $13,826
Conclusion :
The budgeted operating income for 7,200 chairs sold is $13,826.