An early version of Taiwan's relationship with mainland China. the States represent mainland N.A.
Recording the transaction of providing travel services to the travelers, who paid $22,500 with a balance of $4,500 in the books of the Travel Services Corporation include:
Journal Entries:
Debit Cash $22,500
Debit Accounts Receivable $4,500
Credit Service Revenue $27,000
- To record the provision of travel services for cash and on credit.
Data Analysis:
Cash $22,500 Accounts Receivable $4,500 Service Revenue $27,000
Thus, the total service revenue recorded for this transaction is $27,000.
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Answer:
For an organization to survive, it must exchange information with it's external environment. An organization has no control over it's external environment, hence, it as to use the information of it's external environment for planning.
Explanation:
Wells Fargo, was one of the most valued bank, that operated a successful open system, before the scandal became public. However, it could not survive it's complex external environment, as the scandal had damaged the reputation of the bank, which largely affected the bank's market share.
Answer:
B) produce more output with the same inputs.
Explanation:
Hicks-neutral technical is a theory by
John Hicks and can be explained as a change in the function of the production of a particular business with respect to the neatral condition of economic system at that period. It should be noted that Neutral technical progress allows a firm to produce more output with the same inputs.
According to the Question,
- When we assume the managers at Microsoft have used all available information and weighed all known benefits and costs, we are assuming rationality.
The antithesis of intuitive decision-making is rational decision-making. It follows a precise process that makes use of logic and objective information.
It entails recognising the issue that has to be resolved, collecting data, locating choices and outcomes, analysing them, taking into account all the connections, and making a decision.
<h3><u>Using the rational decision-making Steps in the workplace:</u></h3>
- Describe the issue.
- Determine the selection criteria.
- Assign the requisite weights.
- Make a list of possibilities and rank them.
To Learn more about Rational Decision Making, Click the links.
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