Answer:
Implement the selected alternatives
Explanation:
The decision making process is divided in 4 rational steps:
1. Identify the existing problem: know what is the difficulty that is being presented, it involves all what is being affected.
2. List possible solutions for the existing problem: here the person lookfl for all the possible ways to solve a problem and the different variables that are being affected.
3. evaluate and select the most beneficial alternative: in this step the person foresee the results of each alternative and choose the once that would work in the best way.
4. Implement the alternative that was selected: it implies the work of every person involved in the results, follow the plan and the improvement of the initial problem.
Sometimes it is added a 5th step, the feedback and evaluation of the implemented alternative to know if the problem was fully solved.
Answer:
Explanation:
Make Buy Net income
Variable manufacturing costs $54,000 $0 $54,000
Fixed manufacturing costs $27,000 $27,000 $0
Purchase price $0 $67,500 -$67,500
Total annual cost $81,000 $94,500 -$13,500
Conclusion: Manson Industries should make the part as making part save cost than buying it.
<u>Workings</u>
Make Buy
Variable manufacturing costs 13500*4 0
Fixed manufacturing costs 13500*2 13500*2
Purchase price 0 13500*5
Answer:
the natural rate of unemployment.
Explanation:
In simple words, If inflation expectations is equivalent to 0, and inflation rate is currently equal to expected inflation, the short run Phillips Curve will most likely intersect the horizontal axis at natural unemployment rate.
A point where the Phillips curve intersects the horizontal axis is the rate of unemployment consistent with stable price, known as the Non-accelerating unemployment rate (NAIRU), also known as the 'natural unemployment rate.'
Answer:
true
Explanation:
Financing is the process of moving providing funds to run the business activities, making purchasing or investing.
Example: the company can raise fund by issuing bond or share. this is one of the financing activities
the company also can find venture capital and angel investor to get fund to run the business. it also consider as financing activities
