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pochemuha
2 years ago
12

The approach to decision making that involves soliciting input from a network of people outside of the organization is called

Business
1 answer:
katrin2010 [14]2 years ago
3 0

The approach to decision making that involves soliciting input from a network of people outside of the organization is called crowdsourcing

<h3>What is crowdsourcing?</h3>

Crowdsourcing involves the use of input from a large group of people. It is a method through which companies and businesses get information.

The internet is the major source that is used for crowdsourcing.

Read more on crowdsourcing:

brainly.com/question/6983872

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​Drive-Ins borrowed money by issuing $ 2 comma 500 comma 000 of 8 % bonds payable at 96.5. Interest is paid semiannually. Requir
Bogdan [553]

Answer:

I don't think he got any back

Explanation:

The money could have been a tip.

4 0
3 years ago
Two examples of a management information system
Vlada [557]
E and b not really sure but it’s my best guess
4 0
3 years ago
At the beginning of the year, Cullumber Company had total assets of $864,000 and total liabilities of $523,000. (Treat each item
Radda [10]

Answer:

a. $583,000

b.  $878,000

c. $330,000

Explanation:

In this question, we have to use the accounting equation which is presented below:

Total assets = Total liabilities + stockholder's equity

$864,000 = $523,000 + stockholder's equity

So, the stockholder's equity = $864,000 - $523,000 = $341,000

a. New assets = Old assets + addition

                       = $864,000 + $156,000

                       = $1,020,000

New liabilities =  Old liabilities - reduction

                       = $523,000 - $86,000

                       = $437,000

So, the stockholder's equity = $1,020,000 -  $437,000 = $583,000

b. New liabilities =  Old liabilities + addition

                           = $523,000 + $91,000

                           = $614,000

New equity =  Old equity - reduction

                   =  $341,000 - $77,000

                   = $264,000

So, the total assets = New liabilities + New equity  

                                =  $614,000 + $264,000

                                = $878,000

c. New assets = Old assets - reduction

                       = $864,000 - $90,000

                       = $774,000

New equity = Old equity + addition

                   = $341,000 + $103,000

                   = $444,000

So, the total liabilities = $774,000 - $444,000 = $330,000

7 0
3 years ago
g In the theory of comparative advantage, a good should be produced in that nation where Multiple Choice the production possibil
Lady_Fox [76]

Answer:

its cost is least in terms of alternative goods that might otherwise be produced

Explanation:

Comparative Advantage

This is simply explained as when an individual has an opportunity cost of performing a task is lower than the other individuals opportunity cost that is it is more efficient. It is the usual fundamental basis for international trade. Its principle includes production at a maximum peak to be achieved if each individual focus on the job or activities for which his or her opportunity cost is lowest.

Opportunity Cost

This is simply known as the highest valued of an alternative that must be given up so as to be involved or engage in an activity/job or task. There are several sources of a comparative advantage. They includes;

1. Climate and natural resources

2. Relative abundance of labor and capital

3. Technology

4. External economies etc.

3 0
3 years ago
In a closed economy, saving and investment must be equal, but this is not the case in an open economy. In the following problem,
Lilit [14]

Answer:

S>I

Explanation:

Y = C + I + G + (X - M) \\Y = C + I + G + NX

National saving is the income of the nation left after paying for government purchases and consumption. So,

S = Y - C - G

Y = C + S + G \\

Plugging this back into the equation for GDP, we get

Y = C + I + G + NX \\C + S + G = C + I + G + NX \\S = I + NX \\S = I + NX\\S = I + NCO

where, NCO is Net capital outflow.

When there is balanced trade, we have

X = M \\i.e \\NX = 0 \\So, S = I

When there is trade surplus, we have

X>M \\NX > 0 \\NCO > 0 \\Y > C + I + G

Thus,

S > I

6 0
2 years ago
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