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bija089 [108]
3 years ago
9

Chester, the operations manager at a chemical manufacturing company, finds that the air pollutants released by the company have

become very high. To arrive at a decision to resolve the issue, he defines the problem and then identifies decision criteria. In the context of rational decision making, which of the following is the next step that Chester should ideally take?
-Computing the optimal decision

-Weighing the decision criteria

-Generating alternative courses of action

-Making absolute comparisons
Business
1 answer:
sergeinik [125]3 years ago
6 0

Answer:

The correct answer is weighing the decision criteria

Explanation:To find out the solution to any problem it is necessary that decision has to be taken.A possibility can be regarding various decisions.But which decision is more important and which is less important ,it has to be considered.

For this Chester has to assign weights to each criteria depending upon the importance of that decision criteria .This will help him to prioritize effectively.It will give him more clarity on decision making.

Steps for weighing the decision criteria

  1. Identify the criteria:Identify the key factors that matters.It means what important decisions Chester has to take to resolve the matter.All those decisions have to be considered.
  2. Rate the criteria:Give weights to all the decision criteria.More weights to important decisions and less weights to less important decisions.
  3. Rate your options against criteria and multiply by weights.

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__________ is the set of costs associated with various issues firms face when entering foreign markets, including unfamiliar ope
FromTheMoon [43]

<u>Option c. Liability of foreignness</u> is the correct answer.

<h3>What is Liability of Foreignness?</h3>

(LOF) specifies the disadvantages that a corporation faces in a foreign country as a result of its foreign status. Because of differences between cultures, languages, conventions, rules, and market conditions, they are at a disadvantage. Foreignness liability introduces new issues for firms to comply with, costing them more fees and effort to run. Zaheer, S., created the phrase "Liability of Foreignness" in her foundational paper "Overcoming the Liability of Foreignness," published in the Academy of Management Journal in 1995.

<h3><u>Examples of LOF</u></h3>

Consider a foreign corporation starting a business in a host nation with a different culture, language, and legislation. In such a case, they must train their employees to acquire the fundamentals of the foreign language, tailor their products to meet local needs, and adjust their marketing techniques. All of them need additional fees for the company.

Therefore,<u> Liability of Foreignness</u> is the set of costs associated with various issues firms face when entering foreign markets, including unfamiliar operating environments; economic, administrative, and cultural differences; and the challenges of coordination over distances.

For more information on Liability of Foreign, refer to the following link:

brainly.com/question/23451497

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3 0
2 years ago
Wallace Heating is attempting to estimate its costs of manufacturing heating ducts for the coming year using the high-low method
Anna11 [10]

Answer:

Variable Cost per hour is $4.86

Explanation:

given data

Highest Cost = $27,049

Lowest Cost = $19,772

Highest Cost Driver = 4,168  hours

Lowest Cost Driver =  2,672  hours

solution

we get here Variable Cost per hour that is express as

Variable Cost per hour = (Highest Cost - Lowest Cost) ÷ (Highest Cost Driver - Lowest Cost Driver)   ......................1

put here value and we get

Variable Cost per hour = \frac{27049-19772}{4168-2672}    

Variable Cost per hour = \frac{7277}{1496}    

Variable Cost per hour = 4.86

so Variable Cost per hour is $4.86

5 0
3 years ago
Norman Delivery Company purchased a new delivery truck for $36,000 on April 1, 2019. The truck is expected to have a service lif
ArbitrLikvidat [17]

Answer:

2019 = 2750

2020 = 5500

Explanation:

Given that:

Cost of truck = $36000

Salvage value = $3000

Useful life = 120, 000 miles

(Cost of asset - salvage value) / useful life

(36000 - 3000) / 120,000 = 0.275

2019 : 0.275 x 10,000 = 2750

2020 : 0.275 * 20000 = 5500

3 0
3 years ago
The two general kinds of trade barriers are _____.
lana66690 [7]
I think the answer is A
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3 years ago
Lately, there have been several complaints about evan's work performance. he has arrived late, his uniform is stained and wrinkl
Bingel [31]
The answer is company’s rules and policies. These two form the instructions of behavior in an organization, outlining the duties of both employees and employers. Company policies and rules are prepared to guard the rights of workers as well as the commercial interests of managers. Contingent on the needs of the organization, various policies and procedures create rules concerning employee conduct, dress code, attendance, confidentiality and other extents associated to the terms and situations of work.
7 0
3 years ago
Read 2 more answers
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