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Nuetrik [128]
3 years ago
10

DeAngelo did solid research before founding a food-tour company in a coastal community. He used information gained by his compet

itive analysis of another beachfront food-tour organization, in business for over 30 years. Which type of decisions is he basing his entrepreneurial activities upon?
Business
1 answer:
polet [3.4K]3 years ago
6 0

Answer:

Programmed decisions.

Explanation:

Decision-making is a process of selection from a set of alternative courses of action,which is thought to fulfill the objectives of the decision problem more satisfactorily than others.

Decision making can be regarded as the cognitive process resulting in the selection of a course of action among several alternatives. Every decision making process produces a final choice.

Types of Decision Making:

• PROGRAMMED DECISIONS : A programmed decision is one that is fairly structured or recurs with some frequency.

A decision that is repetitive and routine, in which a definite method for its solution can be established. Examples: pricing standard customer orders, determining billing dates, recording office supplies etc.

• NON-PROGRAMMED DECISIONS : Non-programmed decisions are relatively unstructured and may occurs much less often. They are made in response to situations that are unique, are poorly defined and largely unstructured.

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Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 55,870 Direct la
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Answer:

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Explanation:

Data provided

Direct material = $55,870

Direct labor hour = 475

Wage rate = $11

Machine hour = $556

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Overhead rate = $13

The preparation of job sheet is shown below:-

Direct Material                $55,870

Add: Direct Labor           $5,225

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Overhead                         $7,228

($556 × $13)

Total                                  $68,323                      

Number of units                4,100

Cost per unit                      $16.66

($68,323 ÷ 4,100)

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