Answer:
Focus Groups are generally used when there is little or no knowledge about the target market.
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Answer:
The Journal entry and their narrations for recording the bonds retirement is shown below:-
Explanation:
The Journal entry is shown below:-
Bonds payable Dr, $70,000
Loss on redemption of bonds Dr, $3,832
($68,000 - $64,168)
To Bond discount amortization $5,832
($70,000 - $64,168)
To Cash $68,000
(Being bonds retirement is recorded)
So, for recording the early retirement of the bonds we debited the bonds payable and loss on redemption of bonds and credited the bond discount amortization and cash.
A manager, making decisions in real-life situations, strikes a balance between these ways to make quick but correct decisions based on systemic organizational vision and conceptual skills.
The manager's experience will help him to make decisions using rational and normative ways, and thus analyze what is the best strategy for effective decision making.
Conceptual skills refer to the manager's systemic view, which understands the organization as an integrated system and must involve a set of thoughts, processing and planning to improve the business.
Therefore, decision making must be taken in a rational and normative way according to the context of the situation that requires a decision, and it is up to the manager to use the best tool to make a decision aligned with the company's objectives and goals.
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Answer
The answer and procedures of the exercise are attached in the following images.
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
<span>She is at the problem recognition stage. In this stage, the buyer recognizes that there is a deficit between what they have and what they are looking to purchase. The state they are in is less than (or substandard to) the state or item they desire to have.</span>
