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Vinil7 [7]
3 years ago
10

In your opinion, do we need to use a structured decision making model to make decisions in business.

Business
1 answer:
dolphi86 [110]3 years ago
5 0

Answer:

Decision-making models can help you create successful solutions even with limitations like short time or little information. It's useful to understand the details of various decision-making models when trying to choose the best one for your team and situation.So,we need to use a structured decision making model to make decisions in business.

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Esther is ninety years old, but she still shops for her own groceries every morning. When Esther was younger, she would head to
Anettt [7]

Answer:

Esther is ninety years old, but she still shops for her own groceries every morning. When Esther was younger, she would head to Main Street and stop at the butcher shop for meat, the bakery for bread, and the farmer s market for fruits and vegetables. Now, she goes to a supermarket, where she can shop for all of those items under one roof and spend much less time buying food for the day. The convenience that Esther enjoys is called <u>contact efficiency.</u>

Explanation:

In the business world, contact efficiency is a strategy used by businessmen to provide flexibility to their customers.

Under this strategy, the numbers of stores are reduced and all the main goods kept and sold under one roof to provide better service to the customers. This strategy makes more money and also saves time and energy of the customers.

In the question, Esther is shopping for all her needs from a single supermarket which makes it more reliable for her, hence depicting a perfect example of contact efficiency.

6 0
3 years ago
Pell is the principal and Astor is the agent in an agency coupled with an interest. In the absence of a contractual provision re
Verdich [7]

Answer: B. Pell: No; Astor: Yes.

Explanation: According to Termination of agency law:

-An agent is entitled to renounce his power by refusing to act or by notifying the principal that he will not act for the principal.

The agent can terminate the agency first in absence of contractual agreement relating to the provision of duration of contract.

3 0
3 years ago
Evidence seems to support the view that studying public information to identify mispriced stocks is: Select one: a. effective as
uranmaximum [27]

Answer:

Correct Answer:

c. ineffective.

Explanation:

In stock market, there are so many firms upon whose stocks are being traded on by various investors. Most of these stocks could be legit while others could be fraud through price fixing or mispricing. <em>Evidence carried out has shown that, it is highly ineffective studying public information in-order to identify mispriced stocks.</em>

6 0
3 years ago
Read the following scenario. Then in the table below, match each of the activities to the management by objectives step it repre
Klio2033 [76]

<u>Solution and Explanation:</u>

<u>Setting a Goal = B </u>

Basis the past data and knowledge, 90 seconds is set as target for maximum time to hold .

<u>Developing a Action Plan = A </u>

The contingent call center workers are hired for anytime service and support to ensure hold time is less than 90 seconds .

<u>Reviewing progress = C </u>

In mid of the project, review is done to check how many times hold time exceeded 90 seconds .

<u>Appraising performance = D </u>

It is done at the end post project completion with data and results .

 

5 0
3 years ago
I need help with Family and Consumer Science questions! If you do not know do not answer!
irinina [24]
The way brain cells connect and develop will be influenced by a newborns experience with adults and the environent
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3 years ago
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