Answer:
Stage 1: hear from others and listen to feedback
Stage 2: Create new ideas based on that feedback
Stage 3: Create several prototypes and choose one. Then test the prototype
Stage 4: Manufacture the prototype you chose
Explanation:
Answer
After implementing a solution to a given work-related problem, a manager can ideally evaluate the outcome of the solution
Explanation
In problem solving techniques, managers are required to build up a feedback channel after implementing a solution. <u>This is essential because it will provide back continuous monitoring and evaluation of the results against expectations. </u>Through evaluation, the manager can identify the impact of the new solution and revise the strategies if necessary.
Answer:
Firms may have to bid up stock price to complete repurchase, thus paying too much for its own stock.
Explanation:
Generally, the price of stocks are not fixed, so it might take a long time for a stock repurchase or buyback to be completed. Investors like buybacks since they tend to increase the price of stocks, but it makes them more expensive for the corporation to repurchase them.
Buybacks are seen positive by investors because they will eventually increase the earnings per share (by decreasing the number of shares outstanding) and they are also taxed in a lower rate than normal income. Management will tend to start buybacks when they believe the stock price is undervalued and they have excess cash. This way they will achieve achieve two objectives with one action:
- lower equity costs
- increase stock price
Answer: Preferences and taste
Explanation:
The preferences and the taste are the characteristics in the business that are changed according to the customer requirement for the various types of products and the services in an organization.
The preferences is one of the main factors which helps in influencing the user or the customers demand.
According to the given question, the non-pricing determinant of the demand is changing according to the preferences and the taste of the consumer as the requirement of the user are get changed in the market.
Therefore, Preferences and taste is the correct answer.
Insurance contracts are known as conditional contracts because certain future conditions or acts must occur before any claims can be paid. In this case, the insurance contracts are conditional because the policy holder must follow their requirements such as paying for the policy before the insurance company does their end of the contract. If you do not pay for your insurance policy, the insurance company is not responsible for coverage.
