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Arada [10]
3 years ago
6

Roger's Meat Market is a chain of retail stores that limits its sales to fresh-cut meats. The stores have been very profitable i

n northern cities. However, when two stores were opened in the south, both lost money and had to be closed. Roger, the owner, has now concluded that no southern-based store should be opened as it would not be profitable. Which one of the following applies to RogerA)Confirmation bias
B) Endowment effect
C) Money illusion
D) Affect heuristic
E) Representativeness heuristic
Business
1 answer:
Anna35 [415]3 years ago
3 0

Answer:

E) Representativeness heuristic

Explanation:

  • According to Roger's idea, we can say that this method applies to representative heresies.
  • This assumption means that the tendency to judge the frequency and the uncertainty is used when making decisions about the likelihood of an event under uncertainty.

so correct option is E) Representativeness heuristic

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Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in December 2021 of a circuit
denis-greek [22]

Answer:

Sound Audio

Yes.  This loss should be accrued.

Explanation:

Accruing the loss contingency gives the readers of the financial statements an early warning of the probable existence of a future loss.  A loss contingency arises from a probable future event, which gives rise to an adverse outcome from a lawsuit.  Since the cost of the loss can be reasonably estimated and the product recall is virtually certain, it is prudent for Sound Audio to provide for this loss in its December 2021 financial statements.

3 0
2 years ago
Metode wat gebruik word om inligting te versamel<br>​
prisoha [69]

Answer:

what

Explanation:

I can't understand sorry

3 0
2 years ago
14. Explain why a free market and laissez-faire are opposites of socialism. (free market,
shusha [124]

Free market and laissez-faire are opposite for socialism as this type of market is free from the government control.

Explanation:

The free market and laissez-faire  are the type of market in which government has no control. The decision of what t produce, how to produce, how much to produce and other decisions like price are decided by the producers itself only.

This type of market is opposite for socialism as the motive of this market is to profit maximization and not social welfare as it is out of from government control.

7 0
3 years ago
Worldwide​ Wholesalers, Inc. has decided that instead of having its employees manage its raw materials​ inventory, it will pay i
Anastasy [175]

Answer:

Worldwide​ Wholesalers, Inc. has decided that instead of having its employees manage its raw materials​ inventory, it will pay its suppliers to store and deliver the products as needed. What action has Worldwide​ taken?

A.  Operations control

B.  Outsourcing

C.  ​Value-added analysis

D.  Business process re-engineering

E.  Quality control

Answer: B

Explanation:

Outsourcing is the business practice of contracting a gathering outside an organization to perform benefits and make products that generally were acted in-house by the organization's own workers and staff. Outsourcing is a training for the most part attempted by organizations as a cost-cutting measure. In that capacity, it can influence a wide scope of employments, going from client care to assembling to the back office. Outsourcing can assist organizations with decreasing work costs fundamentally. At the point when an organization utilizes outsourcing, it enrolls the assistance of outside associations not partnered with the organization to finish certain errands. The outside associations normally set up various remuneration structures with their representatives than the outsourcing organization, empowering them to finish the work for less cash. This at last empowers the organization that decided to redistribute to bring down its work costs.

5 0
3 years ago
Flickczar, a film production company in the United States, sells the distribution rights of a film to its distributors in unders
Rainbow [258]

Answer:

illegal but ethical.

Explanation:

The actions of Flickczar selling distribution rights to distributors in underserved areas at low prices, and to other areas at normal price is illegal because it is reliant on a suspect category (based on underserved or disadvantaged communities).

The action is ethical because it aims to improve the lives of those that have lower level of living compared to others.

So Flickczar's business practice is illegal but ethical.

4 0
3 years ago
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