All categories

3 years ago

which model of decision making acknowledges that uncertainty and risk make it difficult for managers to make optimal decisions?

1 answer:

7 0

The non rational decision model making acknowledges that uncertainty and risk make it difficult to make optimal decisions.

The non rational model of decision making is one that requires the manager to just go with his gut.

Such method of decision making is one that defies logic. The decisions are made intuitively and not logically. They are hasty judgments that are made without careful consideration of the effects of the outcome.

You might be interested in

Key practices in the partnering approach to managing contracted relationships include ch12 Select one:_______a. Structured commu

slava [35]

Answer:

The correct answer is access to each other's organisational resources

Explanation:

There are numerous aspects of partnering approach in managing relationship. The significant advantage of this approach is that it helps to create an environment in which two parties can work along and start a healthy relationship where they can easily access organisational resources of each other. This approach helps firms and organisations to grow.

3 0

4 years ago

What is the complete count of a population, including place of residence?

Alex_Xolod [135]

Answer:

Census

Explanation:

A <u><em>census </em></u>is stablished to know exactly or with a minor level of error what is the total count of population and where do they live in any given city or country.

8 0

3 years ago

1. Executive Chalk is financed solely by common stock and has outstanding 25m shares with a market price of $10 per share. It no

elena-s [515]

Answer:

a. $10 per share

b. 16 million shares

c. $250 million

d. 64%

e. No one gain or loss

Explanation:

a. The expected market price of the common stock is same as given in the question i.e $10 per share

b. The buy back shares would be

= New debt value ÷ market price per share

= $160 million ÷ $10

= 16 million shares

c. The market value of the firm would be

= (Outstanding shares - buy back shares) × market price per share + debt value

= (25 million shares - 16 million shares) × $10 + $160 million

= $90 million + $1260 million

= $250 million

d. The debt ratio would be

= Debt value ÷ market value of the firm

= $160 million ÷ 250 million

= 64%

e. No one gain or loss

4 0

3 years ago

An economy produces only 1,000,000 computers valued at $2,000 each. Of these, 200,000 are sold to consumers, 300,000 are sold to

MA_775_DIABLO [31]

Answer:

$2.0 billion

Explanation:

The Gross Domestic Product is the monetary value of all goods and services that is produced within the boundary of a country in a specific time.

The formula for GDP is

GDP= consumption + government spending + investment + (export - import)

200,000 are sold to consumers

300,000 are sold to businesses

300,000 are sold to the government

100,000 are sold abroad (exported)

100,000 is kept as inventory

GDP= {200,000 + 300,000+ 300,000+ 100,000+ (100,000- 0)}* $2,000

GDP= 1,000,000*2000

GDP= $2 billion

4 0

3 years ago

the Hsu Manufacturing Company has two service departments: Maintenance and Accounting. The Maintenance Department's costs of $30

Leno4ka [110]

Answer:

$34,286

Explanation:

Step 1

Total number of employees :

Maintenance 2

Department A 8

Department B 4

Total 14

Step 2

Allocation to Department B :

Department B = 4 / 14 x $120,000

= $34,286

Conclusion :

Accounting Department's cost allocated to Department B using the direct method is $34,286

6 0

3 years ago