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Savatey [412]
2 years ago
10

Explain the meaning of rationalization, prototyping and design determination and give an example of each

Business
1 answer:
matrenka [14]2 years ago
5 0

Answer:

rationalization: (1) the action of attempting to explain or justify behaviour or an attitude with logical reasons, even if these are not appropriate.

(2)the action of making a company, process, or industry more efficient, especially by dispensing with superfluous personnel or equipment.

prototyping : (1)an experimental process where design teams implement ideas into tangible forms from paper to digital.

design determination : (1) Design and determination are semantically related in aim topic. Sometimes you can use "Design" instead a noun "Determination".

Explanation:

examples:-

(1) rationalization : a person who is turned down for a date might rationalize the situation by saying they were not attracted to the other person anyway. A student might blame a poor exam score on the instructor rather than their own lack of preparation.

(2) prototyping : cognitive representation of something within a certain category. ... So if you see another dog, you could say that other dog is small (compared to your prototype), heavy, ugly, beautiful, etc.

(3) design determination : testing a new depression medication

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I need a paragraph using balance, deposit, withdraw, fixed expenses, variable expenses, profit, Interest, budget, financial inst
larisa86 [58]

Steve started an entrepreneur company called "Like" a data company which provides business data to all the social media sites to base on products.He starts with $1000  and $200 deposited in bank as capital budget, He had expenses $150 is spent on rent, computer, furniture and air-condition as his fixed expenses and $90 on carpenter, fittings and computer services as variable expenses.A month passed by, his expenses were $360 and income was $500 about $140 of profit.He bought 3 more computers on loan for $300 at interest of 12% for 2 years, Budget $50 for investment, $40 on buying equities from financial institution and balance $10 on debt instruments and $15 was withdrawn form bank for personal use.

Explanation:

  • Balance amount is the paid amount and<em> </em><em>left over amount</em>.
  • Deposit is the amount placed in a <em>particular bank</em>.
  • Withdrawn amount taken from the <em>bank</em>.
  • Fixed expenses which are on a <em>common basis</em>.
  • Variable expenses which is an <em>occurrence at any point in time</em>.
  • Profit amount earned after all the <em>net expenses and taxes</em>.
  • Interest extra amount paid or received by <em>borrowing or lending</em>.
  • Financial institutions buy <em>companies stocks and shares</em>.
  • Loan monetary on <em>credit</em> for business,house etc.

3 0
2 years ago
Korte Company reported the following information for 2014:
sergejj [24]

Answer: For 2014, Korte would report comprehensive income of $341,000.

Explanation:

Korte Company

Comprehensive income statement for 2014 (extract)

Sales revenue                             $1,500,000

Cost of goods sold                      (1,050,000)

Gross profit                                      450,000

Operating expenses                      (165,000)

<em>Other income:</em>

Unrealised gain on AFS securities   50,000

Dividends received                             6,000

Comprehensive income               $341,000        

4 0
3 years ago
Hal has just graduated from four years of college. For the last two years, he took out a Stafford loan to pay for his tuition. E
Nonamiya [84]

Answer: The answer is D, $13,615.

7 0
2 years ago
After considering current market conditions, an investor decides to place 60% of her funds in equities and the rest in bonds. Th
antoniya [11.8K]

Answer:

Asset allocation.

Explanation:

A basic decision that every investor must make is how to distribute his or her investable founds amongst the various asset classes available in the marketplace.

-Stocks

-Fixed income

-Cash equivalents

-Alternative assets

-Real estate

The strategic allocation is the proportion of wealth the investor decides to place in each of these asset classes. It is something also referred to as the investor´s long term normal allocation because it is presumed to be the baseline allocation that will remain in place until the investor´s life circumstances change appreciably.

4 0
3 years ago
For a company using target costing, market price minus profit equals target price.
Sav [38]

Answer:

The answer is false

Explanation:

Market price minus profit equals target cost and not target price.

6 0
3 years ago
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