All categories

2 years ago

Goal displacement, satisficing, and groupthink are:

Business

1 answer:

Grace [21]2 years ago

6 0

Goal displacement, satisficing, and groupthink are the<u> advantages of </u><u>group decision-making.</u>

Group decision-making simply means the process where several individuals act collectively in order to analyze a particular problem.

During group decision-making, several ideas are considered and the best approach or idea is chosen in order to achieve a particular goal.

Some of the advantages of the <em>group decision-making</em> include goal <em>displacement, satisficing</em>, and groupthink.

Read related link on:

brainly.com/question/25067788

You might be interested in

Match each type of lending institution to its description.

rjkz [21]

Credit union - provides credit only to the organization’s members

Payday lender - offers short-term credit at very high interest rates

Consumer finance company - typically provides credit for purchasing items on an installment basis

Bank - provides credit for a wide variety of purposes and periods of time.

4 0

3 years ago

Connie Shockey wants to put funds in an account that does not offer checking privileges because she has a tendency to overspend.

vlada-n [284]

Answer:

certificate of deposit.

Explanation:

A certificate of deposit is one that funds are deposited for a fixed period of time at a particular interest rate. Usually interest rate is determined by the amount being deposited.

Premature liquidation of the certificate of deposit attracts penalty.

This will be the ideal account for Connie Shockey since she does not want an account she can easily withdraw from.

The penalty charged on premature liquidation will serve as a deterrent of she wants to withdraw.

Certificate of deposit is a stable high yield form of investment that will give Connie good returns.

8 0

3 years ago

A movement along the phillips curve shows that the unemployment rate and inflation rate are.

Gemiola [76]

Changing in response to the supply-side policy.

<h3>What causes a movement along the Phillips curve?</h3>

An increase in AD is a shift from point A to point B. Inflation rises, and the jobless rate falls when AD rises. A shift from point A to point C corresponds to a reduction in AD.
The Phillips curve is a diagram that illustrates the economic link between the rate of unemployment and the pace at which wages are changing in terms of money. It reflects the belief of economist A. William Phillips that wages tend to increase more quickly when unemployment is low.
According to the Phillips curve, unemployment and inflation are inversely related. Lower unemployment is correlated with higher inflation, and vice versa.

A movement along the phillips curve shows that the unemployment rate and inflation rate are.

Changing in response to the supply-side policy.

To learn more about the Phillips curve, refer to:

brainly.com/question/14058703

#SPJ4

3 0

1 year ago

On January 1, 2020, Pina Corporation sold a building that cost $263,240 and that had accumulated depreciation of $101,140 on the

Firlakuza [10]

Answer:

Gain from sale = $23,067

Explanation:

the none interest bearing note must be recorded at present value:

present value of the note = face value / (1 + r)ⁿ

face value = $253,240
r = 11%
n = 3

PV = $253,240 / (1 + 11%)³ = $185,167

the note receivable must be recorded at $253,240, but $68,073 will be recorded as interest revenue.

the journal entry for the transaction should be:

January 1, 2020, sale of a building:

Dr Notes receivable 253,240

Dr Accumulated depreciation 101,140

Cr Building 263,240

Cr Interest revenue 68,073

Cr Gain from sale 23,067

8 0

3 years ago

Which of the following, identified in an analysis of the general environment, is an opportunity for an entrepreneur who wishes t

kvasek [131]

Answer:

a. The average age of the population in his community is high.

Explanation:

As the average age of the population in his community is high, it is an opportunity for an entrepreneur who wishes to open a business providing "Fitness for Life" physical conditioning services (strength, balance, and flexibility training) in a city of 100,000 people because people will be more interested in the physical conditioning services and they will be attracted towards it as when the age rises, people become more interested in the health related activities, therefore, chances are very high that this will pose a serious and profitable opportunity for the entrepreneur in that particular city. He or she can definitely capture this opportunity very handsomely and profitably.

5 0

3 years ago