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2 years ago

What does making a good decision mean?? How can I make a good decision?

Business

1 answer:

kherson [118]2 years ago

5 0

Answer:

A good decision is one that is made deliberately and thoughtfully, considers and includes all relevant factors, is consistent with the individual’s philosophy and values, and can be explained clearly to significant others.

Ways to make good decision:

Set Aside Time to Reflect on Your Mistakes
Stop Thinking About the Problem
Frame Your Problems In a Different Way
Identify the Risks You Take
Take Note of Your Overconfidence
Talk to Yourself Like a Trusted Friend
Label Your Emotions
Acknowledge Your Shortcuts
Consider the Opposite

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Earthquake, drought, fire, economic famine, flood, and a pestilence of TV court reporters have caused an exodus from the City of

Len [333]

Answer:

Buy

Explanation:

First, we need to find out what is the cost incurred by the company in building the power station and after that, we will compare that cost with the selling price of the power from Tri-county G&T. the lower-priced option will be considered as best option.

Cost incurred by the company in building the power station = $10,000,000 + (150,000 x $35)

Cost incurred by the company in building the power station = $10,000,000 + $5,250,000

Cost incurred by the company in building the power station = $15,250,000

Selling price of the power from Tri-county G&T = 150,000 x $75

Selling price of the power from Tri-county G&T = 11,250,000

Decision: It would be a wise option for the company to buy it. From buying the power the company will save $4m.

3 0

3 years ago

Excerpts from Huckabee Company's December 31, 2018 and 2017, financial statements are presented below: 2018 2017 Accounts receiv

ICE Princess25 [194]

Answer:

The Huckabee's 2018 average collection period (rounded) is 5 times

Explanation:

To find out the average collection period for Huckabee's 2018, we have to use the formula of the average collection period which is presented below:

Average collection period = Net credit sales ÷ Average accounts receivable

where,

Net credit sale is $400,000

And, the average accounts receivable is calculated by applying the equation which is shown below:

= (2017 accounts receivable + 2018 accounts receivable) ÷ 2

= ( $72,000 + $80,000 ) ÷ 2

= $76,000

Now apply the above values to the formula

So, the answer would be equal to

= $400,000 ÷ $76,000

= 5.26 times

The other things like opening balance of merchandise inventory and cost of goods and the ending balance of merchandise inventory and cost of goods is irrelevant. Thus, it is not to be considered.

Hence, Huckabee's 2018 average collection period (rounded) is 5 times

5 0

3 years ago

Use the Internet to research different outside financing sources available to entrepreneurs. You will need to have at least thre

Scrat [10]

Answer:

Three sources of financing to a business includes;

1) Angels (National Angel Capital Organization, NACO)

Wealthy and experienced retired industry leaders, that invest in startups, require transparency, and take charge of the supervision of the business management practices

2) Business Accelerator or Incubators (MaRS; MaRS Discovery District)

An incubator provide enabling environment and resources for startups to develop ideas before going into production

3) Bank Loans (Business Development Bank of Canada, BDC)

Bank provide loans to startup with a good idea and an accompanying excellent business plan, and personal guarantee

Explanation:

8 0

3 years ago

When thinking about implementation issues as discussed here, we can draw a parallel to the example from the text about Walmart e

Firdavs [7]

Try E or D I am not sure

4 0

3 years ago

Amanda and Jeremy argue about the employment of children in tobacco farms in a certain part of the world. Jeremy is of the view

mixas84 [53]

Answer:

Utilitarianism.

Explanation:

Utilitarianism is extraordinary compared to other known and most compelling moral theories. Like different types of consequentialism, its center thought is that whether activities are morally right or wrong relies upon their belongings. All the more explicitly, the main impacts of activities that are important are the great and terrible outcomes that they produce.

8 0

3 years ago