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Darina [25.2K]
3 years ago
9

How can we develop desicion making skill on ourselves​

Business
1 answer:
Zielflug [23.3K]3 years ago
8 0

Answer:

Six simple steps for better decision-making skills

  1. Start with the desired outcome. Start with squad goals. ...
  2. Rely on data and insights to spot patterns. .
  3. Use S.W.O.T. analysis. ...
  4. Simulate the outcomes. ...
  5. Trust your instincts. ...
  6. Identify your cognitive biases
You might be interested in
Double D Ranch and Esau enter into a contract on August 1 for the sale of 200 cattle. Esau cancels the contract ten days later.
ycow [4]

Answer:

Keep the cattle and recover the contract price from Esau

Explanation:

Since in the question it is given that the Double D Ranch and Esau enter into a contract on August 1 for selling of 200 cattle.

But Esau cancels the contract after 10 days. Now the Double D Ranch is not able to sell the cattle to the another buyer so in this case , the Double D Ranch should keep the cattle and get back the price of the contract from the another party i.e Esau as he cancels the contract

3 0
3 years ago
Which of the following are characteristics of a perpetuity?
QveST [7]

Answer:

B. The value of a perpetuity is equal to the sum of the present value of its expected future cash flows.

C. The current value of a perpetuity is based more on the discounted value of its nearer (in time) cash flows and less by the discounted value of its more distant (in the future) cash flows.

Explanation:

A Perpetuity is a financial instrument that pays the holder forever or in perpetuity. For example, a bank paying you $800 per year for ever because you invested $40,000.

There are certain characteristics

Option B

The Perpetuity like most financial Securities has its value based on the underlying cashflows that it can accumulate. This means that it's value is based on the present value of it's future cashflow so the other the cash payments, the higher the present value.

Option C.

As the discounted cashflows in the nearer future will be discounted less by the discount rate as opposed to the cash flows further in future, the cashflows nearer to the present in time will contribute more to the Perpetuity than the cashflows further in time.

For example using that first example, $800 per year at a rate of 5% will be discounted to $762 in the first year but in year 10 will be discounted to $491.

7 0
3 years ago
On January 1, a company issues bonds dated January 1 with a par value of $400,000. The bonds mature in 5 years. The contract rat
Ivahew [28]

Answer:

Debit interest expense - - - - $15,351.72

Credit cash - - - - - - - $14,000

Discount payable on bond - - - - - $1,351.72

Explanation:

Parker value =$400,000

contract rate = 7% = 0.07

Market rate = 8%

Discounted bond = $383,793

First interest payment using straight lime amortization;

Debit interest expense :

8% of $383,793

0.08 × $383,793 = $30,703.44

$30,703.44 ÷ 2 = $15,351.72(semi annually)

Credit cash;

7% of $400,000

0.07 × $400,000 = $28,000

$28,000÷2 = $14,000(semi annually)

Discount on bond payable ;

Debit interest expense - Credit cash

$15,351.72 - $14,000 =$1,351.72= Discount amortization

4 0
3 years ago
A banking department form required when a person is acting as a mortgage broker and a real estate broker in the same transaction
Anna007 [38]

Answer:

Mortgage Broker Dual Agency Disclosure Form

Explanation:

The Mortgage Broker Dual Agency Disclosure Form is a document a broker needs to fill in when he/she acts as a mortgage broker and real estate broker in the same operation to inform the buyer and the seller before he/she can provide the services and it must be signed by both parties. So, according to this, the answer is that a banking department form required when a person is acting as a mortgage broker and a real estate broker in the same transaction is known as the Mortgage Broker Dual Agency Disclosure Form.

3 0
3 years ago
Which of the following is a type of incentive? Choose one or more:
swat32

Answer:

A.  indirect

C. direct

D. negative

E. positive

Explanation:

Incentives are meant to motivate people to put more effort into the work they have been assigned to do.

It can come in several forms including;

  • Indirectly - these are incentives that do not directly impact a person but might spur them to work harder e.g donating food to a charity of their choice if they reach a certain target
  • Direct incentives affect the person directly.
  • Negative - these incentives are like punishments or threats thereof that work by reducing an unwanted behavior for example, reducing pay for late coming
  • Positive - these incentives involve rewarding a person for a job well done so that they can do more for example, bonuses for working hard.
6 0
3 years ago
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