Answer:
$527,615.08
Explanation:
The formula that describes the present value of an investment compounded semiannually is:
For a future value of $630,000 obtained at a 6% annual rate for 3 years, the present value is:
Maria's gift is worth $527,615.08 today.
Managers usually make decisions without all the necessary information because they are not aware of the alternatives that they've and aren't able to predict the consequences of the decision.
- In management, decision-making is vital. Decision-making is important in the planning process. During planning, the manager decides on the goals that an organization wants to pursue.
- In certain cases, a manager may not have all the required information regarding a particular issue but despite that still makes such decisions. Also, there are some decisions that require urgent attention, and delaying such decisions can further complicate such issues.
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Answer:
Consult with other regional managers for their opinion before closing stores.
Explanation:
Team work is key for the progress of any organization. Every member of an organization must have the ability to work as a team and seek professional advice from other colleagues.
Stella has not been doing this because of her overconfidence and the overestimation of her ability. For Stella to be able to overcome these biases and stop making wrong decisions, she should seek professional advice from her co-managers. Her colleagues can give her suggestions on how to promote a store that is not doing well rather than closing it permanently.
Answer:
This is an example of shoe-leather costs of inflation.
Explanation:
In this case, local currency looses its value so quickly that <u>Lorenzo is doing a great efford to mantain the value of his work.</u> Then we can refer to shoe-leather cost of inflation, which is related to cost of time and effort that Lorenzo spend trying to avoid the lost of purchaising power.
There are a lot of reasons in buying a certain a product and sometimes we buy things which are not really necessary. One great example for emotional consumer motive in when we buy food because we need them to survive in this world.
