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LenKa [72]
3 years ago
12

Which of the following statements is LEAST accurate?

Business
1 answer:
zvonat [6]3 years ago
5 0
Answer


It could be A or B just try one
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Businesses commonly rely upon groups to make decisions because of the many advantages to group decision making. Which of the fol
Andrei [34K]

Answer:

Almost every other business in this universe now relies upon group thinking rather than individual approach to anything.

It has several advantages, some of them are pointed out below:

o) Equality bias, when there are group discussion, this means that everyone has a part of say in the final decision and that leads to equality bias, which is beneficial.

o) More alternatives are generated, it is a fact that when an individual takes a decision, he/she is neglecting a lot of other options to explore which could be a lot beneficial for the business.

o) More acceptance of the final decision, Since the final decision taken is with the approval and consent of everyone, there is a possibility that the final decision will be more acceptable.

o) Lastly, It creates Synergy, synergy is the idea that a decision as a whole is better than in parts.

Hope this helps you. Good Luck.

3 0
3 years ago
Suppose a firm has evaluated four capital budgeting projects and, using one of the time value of money-capital budgeting techniq
Dima020 [189]

Answer:

The answer is: the following three should be used.

  • net present value (NPV)
  • traditional payback period (PB)  
  • the modified internal rate of return (MIRR)

Explanation:

First of all, the NPV of the four projects must be positive. Only NPV positive projects should be financed. If the NPV is negative, the project should be tossed away. This is like a golden rule in investment.

Now comes the "if" part. What does the company value more, a short payback period or a higher rate of return.

If the company values more a shorter payback period (usually high tech companies do this due to obsolescence), then they should choose the project with the shortest payback period.

If the company isn't that concerned about payback periods, then it should choose to finance the project with the highest modified rate of return. This means that the most profitable project should be financed.

6 0
3 years ago
Mini-Case: Read the mini case and answer the questions that follow. Suppose the local Honda dealership is offering a special lea
ASHA 777 [7]

Answer:

It would take 36 months

Explanation:

Based on the information given we were told that the dealership offers to lease the Honda Accord for 36 months which means that if Nigel have make a choice to lease the Accord by entering into a contract with the dealership after which the lease amount is paid by Nigel each month for 36 months in a situation were the contract terms cannot be possibly carried out within a year, Based on the terms of this contract between Nigel and the Honda dealership the performance of the contract would take 36 months because the Honda Accord lease deal is 36 months and secondly the lease payment is made every month for 36 months.

8 0
3 years ago
A part of a business's message that distinguishes it from all its competitors
MrMuchimi

Answer: Brand.

Explanation:

A brand usually a logo, name,  word or sentence or the comnbination  is  a company's valuable assets that  distinguishes its  their product from its competitors. Overtime, A Brand which proves credibility will promote the company's worth and value  and endear potential buyers   to the benefit  its owners and shareholders.   A brand becomes a trademark when legal protection is conferred on it.

7 0
3 years ago
The objective of general-purpose financial reporting is to provide financial information about a reporting entity to each of the
Anna007 [38]

Answer:

D) All of these answers are correct.

Explanation:

A company's financial reports are not top secret, their taxes are based on them. They main purpose of preparing financial reports is to provide useful information for current and potential investors, and current and potential lenders.

Any company that needs to raise equity must show their financial reports to current and potential investors so that they can decide whether to invest or not in the company. Publicly traded corporations must present their financial records to the market. Every single bank (or any other type of lender including  investors willing to buy bonds) will request a copy of the financial statements to analyze if the company is going to be able to pay them back.

5 0
3 years ago
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