Answer:
c. stereotypes ready to avoid a decision minefield and remain realistic about cost and difficulty
Explanation:
To take good decisions it is necessary to have many variables into account. However, the conception of stereotypes may skew the decision making process. The main problem about stereotypes is that when these are applied to every situation, new unrealistic scenarios are created, it produces confusion for the decision making process, therefore a bad decision can be taken.
Answer:
1.) Which location would be the most advantageous for my business.
2.) What business structure would best suit my business?
3.) What is the total cost of ownership of my capital purchases
Explanation:
Location: Siting a business location is widely regarded as one of the most critical decision one has to make when starting a business. A locaction which is accessible and also harbors the business choice of consumer.
2.) Business Structure : Careful planning, perusal and adoption of a model for one's business is a very essential decision to be at the beginning of a startup. Entrepreneurs may need to decide if embarking on a business alone or partnering with an already existing company or partner will reap the most benefit.
3.) Cost of ownership of capital purchase:
Capital purchases are very essential in starting a business. It incorporates building, facilities and essential equipment needed to run the business. Estimating the cost is very important while preparing for begin a start-up.
A thing that motivates or encourages someone to do something
Answer:
has been overapplied.
Explanation:
The net balance of debit and credit of manufacturing overhead account is under or over applied overhead. On debit sides the Actual costs incurred is recorded and overhead applied is recorded in credit side of manufacturing overhead account. Total actual costs are $82,000 ( $30,000 + $24,000 + $28,000 ) and overhead applied is $86,000. Net balance of account is overapplied overhead of $4,000 ( $86,000 - $82,000 ).
Answer:
Explanation:
Being a juice producer, for which the raw material is oranges, Coolmist has to keep an eye on the prices of oranges. To protect herself from an increase in the cost of oranges, the financial engineering strategy that would be most beneficial to her is that she should buy in-the-money calls on oranges so that she will have an option to buy the oranges at the pre-decided strike price of the call option.
By doing the above, she would be protected against the price hike.