Answer:
d) relative to others instead of against performance standards.
Explanation:
Contrast error is one that occurs during performance rating where a person is not rated objectively, but against previous people who performed good or badly.
The person's ratings is affected negatively or positively.
A person that performs well subconsciously sets a benchmark in the mind of the rater, and he now rates future participants based on this benchmark and not on performance standards that have been set.
Answer:
a. Incremental analysis.
b. Sunk cost.
c. Relevant information.
d. Opportunity cost.
e. Joint products.
f. Out-of-pocket cost.
g. Split-off point.
Explanation:
a. Incremental analysis: examination of differences between costs to be incurred and revenue to be earned under different courses of action.
b. Sunk cost: a cost incurred in the past that cannot be changed as a result of future actions. Sunk cost can be defined as a cost or an amount of money that has been spent on something in the past and as such cannot be recovered.
c. Relevant information: costs and revenue that are expected to vary, depending on the course of action decided on. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.
d. Opportunity cost: the benefit foregone by not pursuing an alternative course of action. Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
e. Joint products: products made from common raw materials and shared production processes.
f. Out-of-pocket cost: a cost yet to be incurred that will require future payment and may vary among alternative courses of action.
g. Split-off point: the point at which manufacturing costs are split equally between ending inventory and cost of goods sold. Thus, it give rise to joint products that emerge from the same raw materials and a shared manufacturing process.
Answer: C - Crowdfunding
Explanation: Investors, loans, and selling products and services would not gain them enough financial support, whereas crowdfunding will in an efficient way.
Answer:
I have prepared the cash disbursement schedule as requested,find it in the attached excel template.
Explanation:
Kindly note that data for other months whose cash disbursements are not required such February ,March and July had impact on the schedule one way or other,hence they are shown in the computation.
In addition, I have color blue to lay emphasis on the three months requested for.
The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all the members of the production team is the <u>stage manager.</u>
The daily management of a theater production, from dress rehearsals to performances to after-show festivities, is overseen and coordinated by a stage manager.
They set up each team, communicate with the rest of the business, and coordinate with them to make sure production runs well.
In the course of the rehearsal process, the stage manager is in charge of the following:
- forming relationships with all team members
- keeping daily diaries and reporting
- taking notes, observing, and blocking
<h3>What is definition of decision making?</h3>
Making a choice involves reaching a conclusion; it is a process that results in a final decision, which may or may not lead to action. Making up one's mind is a necessary or active process.
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