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WARRIOR [948]
3 years ago
8

An effective decision maker should: A. Rely on primary sources of information and avoid secondary sources when making decisions.

B. Promote groupthink to evaluate potential solutions. C. Make decisions based solely on financial and environmental factors. D. Have a clear view of values and keep them in mind at each step of the process.
Business
1 answer:
tatyana61 [14]3 years ago
3 0

Answer:

A. Rely on primary sources of information and avoid secondary sources.

Explanation:

Decision means establishing a goal. A goal is a set of objective which a firm seek to achieve.

Primary sources of information are information obtained directly about people or an event. They include statistical data, accounts of eye witness, report of newspaper, speeches etc. In primary source of information, information are gotten from people who have direct contact with it.

Secondary source of information are information gotten either through interpretation or quotes . Examples include books on a topic, articles.

It is important that effective decision maker rely on primary source of information because he or she has a first hand experience or account of information on which decision will be made rather that secondary sources which rely on quotes and may sometimes be exaggerated.

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You come across a scientific study reported in the New York Times. The study says that adults who played varsity sports in high
dangina [55]

Answer:

There is no short answer.

Explanation:

We are given an article that presents a study that suggests adults who played varsity sports in high school have a 20% higher chance of earning a bachelor's degree in college than the ones who did not play during high school.

The outcome variable in this example, which is also the same as a dependent variable, is the chance of graduating from college with a bachelor's degree, which depends on whether that person played varsity sports during their high school years or not.

The treatment variable in this example, which is also the same as an independent variable, is whether the subject played varsity sports in high school or not which affects their chances of graduating from college with a bachelor's degree.

Counterfactual means thinking about an event in a way that did not actually happen, counter to the facts and it helps people feel more in control which in turn provides a psychological soothing effect. Counterfactual scenario in the given example for high school athletes would be not being able to earn a bachelor's degree despite having played sports in high school.

Thinking about the counterfactual scenario is important because it helps people get a sense of power and a feeling of control which is a primal instinct the brain needs to feel safe.

I hope this answer helps.

3 0
4 years ago
On January 1, 2021, Tennessee Harvester Corporation issued debenture bonds that pay interest semiannually on June 30 and Decembe
Iteru [2.4K]

Answer:

The face amount of the bonds is $7,400,000

Explanation:

The face value or amount of the bonds is the amount that is repaid to the bondholder at the end of the maturity period.  The face amount is usually stated on the bond certificate when issued, and the issuer of the bonds is expected to pay this amount at maturity.  The amortization schedule of the bonds shows how the interest expense and payments are made and the amortization of either premiums or discounts on the bonds.  It helps the issuer to account for the instrument over the maturity period.

3 0
3 years ago
Which section of the business plan should come first but be written last? A. Competitive Analysis B. Goals and Strategy C. Execu
brilliants [131]
<span>C. Executive Summary </span>
6 0
4 years ago
Read 2 more answers
Which of the following statements is FALSE? A venture capital firm is a limited partnership that specializes in raising money to
pantera1 [17]

Answer:

Venture capitalists typically control all of the seats on a start-up's board of directors, and often represents the single largest voting block on the board.

Explanation:

A venture capital is a type of capital arrangement by venture capital , provided to start up companies with the prospect of potential growth. Companies that provides financies for start up have a stake in the business they are financing. It is usually a high risk business.

Examples of venture capitalist are

Investment banks, pension funds, insurance companies etc.

Before finances can be made by venture capitalist, the initial capital required to start required to start the business is usually provided by the entrepreneur and his family.

5 0
3 years ago
Determine the amount of depletion expense that would be recognized on the Year 1 income statement for each of the two reserves,
emmasim [6.3K]

Answer:

Kindly check the explanation section.

Explanation:

STEP ONE: calculate or Determine the depletion expense per unit. .

For oil reserves, the depletion expense = 1376000 - 0/ 257000 - 12000 = $5.76.

For timber, the depletion expense = 2080000 - 112000/ 1770000 = $1.11.

For silver mine, the depletion expense = 1840000 - 0/ 131000 = $14.05.

For Gold mine, the depletion expense = 3070000 - 0/63000 = $48.73.

STEP TWO : Determine or calculate the total depletion expense.

For the year 2018, the total depletion expense for; (a). silver mine= 14.05 × 14800 = $ 207,940.

(b). Timber = 1.11 × 51000 = $566100.

For 2019, the the total depletion expense for; (a). silver mine= 14.05 × 29000 = 407,450

(b). Timber = 1.11 × 370,000 = 410,700.

(c). Gold mine = 48.73 × 4200 = 204,666.

(d). Oil reserve = 5.76 × 83,000 = 478,080.

STEP THREE:

SILVER MINE: 1840000

- Accumulated depletion = ($ 407,450 + $ 207,940) = 615,390.

(1). Thus, 1840000 - 615,390 = 1,224,610.

GOLD MINE = 3070000.

Accumulated depletion = 204,666.

(2). Therefore, we have 3070000 - 204666 = 2,865,334.

TIMBER: 2080000.

Accumulated depletion = ( $566100 + 410,700) = 976,800.

Residual value of land = #112000.

(3). Therefore, (2080000 - 976,800) - 112,000 = 991,200.

OIL RESERVES: 1376000.

Accumulated depletion= 478,080.

(4). Therefore, 1376000 - 478,080 = 897,920.

Hence, we have the total natural resources = (1) + (2). + (3). + (4). =

1,224,610 + 2,865,334 + 991,200 + 897,920 = $ 5,979,064.

Therefore, 5,979,064 - 112,000 = $ 5,867,064.

6 0
4 years ago
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