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Mkey [24]
3 years ago
14

If a firm is deciding upon the acceptance of a project with a value of $10,000, and if the client has a good credit history, the

firm will most likely use the grid chart in the decision-making process.
a) true
b) false
Business
1 answer:
AnnZ [28]3 years ago
3 0

Answer:

FALSE

Explanation:

The Decision-Making Process includes Identifying the need for a decision, Determining the outcome of the decision, Identifying all alternative actions, the benefits and consequences of each and Making and Evaluating the decision.

Decision-Making Tools includes the use of decision-making grid to differenciate or separates factors of decision to be made, the use of Gantt chart to shows phases of project to completion and Information technology and others.

The grid chart shows the relationship between input and output documents.

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A firm has three different investment options, each costing $10 million. Option A will generate $12 million in revenue at the en
vlada-n [284]
The answer is D the answer depends on the interest rate which is not mentioned so there is not enough info
6 0
3 years ago
budgets that are revised by adding a new quarterly budget to replace the quarter that just elapsed are called:
Natali [406]

Budgets that are revised by adding a new quarterly budget to replace the quarter that has just elapsed are called rolling budgets.

<h3 /><h3>What is rolling budget?</h3>

It corresponds to a more flexible and adaptable type of budget, generally used for companies whose business can be more volatile.

It is used continuously and extended, being updated during the period for the addition of new variables in the existing model. This being valid for use in the future budget.

Any type of budget is a necessary tool for organizations to be able to plan the use of their resources in a structured way that is consistent with their needs and objectives.

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6 0
1 year ago
Brian is a truck driver who delivers products throughout Massachusetts. His friend Chris is a traffic planner for the same state
Bond [772]

Answer:

a

Explanation:

7 0
3 years ago
Inayah needs Rs.100, 000 to start an ice-cream business. If she uses Rs.40, 000 from her savings and another Rs.60, 000 borrows
Lelu [443]

Answer: 5% of RS 100,000

Explanation:

Opportunity cost is what an economic agent such as an individual, form or government forgoes when a choice is made from different available choices.

Here, since Inaya has used Rs100000 for her ice cream business, the opportunity cost will be the 5% interest that she could have made on the money used for the business

4 0
3 years ago
assume that in the short run a firm is producing 800 units of output, has average total costs of $150, and has cost of $100. the
MakcuM [25]

Answer:

$80,000

Explanation:

Missing word <em>"and has average variable costs of $100"</em>

<em />

Note: AVC = Average variable cost, TVC = total variable cost

AVC = TVC / Output

$100 = TVC/800 units

TVC = $100*800 units

TVC = $80,000

So, the firm's total variable costs are $80,000.

4 0
3 years ago
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