Explanation:
Regarding the management decision-making process, there are two different approaches that the manager must know and know how to use in certain situations.
The qualitative approach is one that is based on experimental knowledge of various factors involved in decision making, such as interpersonal connections that occur in the work environment, in this approach it is necessary that the manager has an intuition and accurate perception of the organization as a whole before making an important decision
The quantitative approach is one that uses mathematical statistics for decision making, generally works best for solving measurable problems, and for this reason can be used by a manager without much direct experience.
The qualitative approach may be more appropriate in a situation where a manager needs to solve problems related to situations of conflict between organizational departments, because in this scenario it is necessary to have knowledge of factors that generate the complex interaction between people.
The quantitative approach can be more useful in a scenario where it needs to analyze which are the most profitable departments in the organization and what is the probability of each department generating profits in the company, because in this case accounting data are used to support decision making.
Answer:
$22,200
Explanation:
The computation of the dividend amount made to the common shareholders is shown below:
Arrear in Preferred Stock Dividend is
= $580,000 × 7% × 2 - $38,000 - $38,000
= $5,200
Now
Current Preferred Stock Dividend is
= $580,000 × 7%
= $40,600
Now
The amount of dividends made to the common shareholders is
= $68,000 - $40,600 - $5,200
= $22,200
In my opinion, Cindy would open a specialty store, because she wouldn't sell just any kind (of all kinds) of women's clothes, for all women to shop there. She would carefully pick a few lines, she wouldn't have too many products, and her products wouldn't be too cheap. Her main concern would be customer satisfaction.
Answer:
Explanation:
Victor will have to highlight abilities for a civil engineer job position according to the Occupational Outlook Handbook in that field. Both in his cover letter and interview, he must put emphasis on giving the idea of being a team player and leader mainly because most of the skills desired for that position are those since they may differentiate one applicant of another. Besides, he must not forget basic skills for the job such as math skills and problem-solving.
Answer:
D. As a unit of accounting
Explanation:
The U.S. dollar functioned as money in Israel during this period as a unit of accounting.
Money can be defined as anything that is generally acceptable as a medium of exchange or form of payment
There are different functions of money which includes:
1. Medium of exchange
2. Store of value
3. Units of accounting
1. Medium of exchange. Money functions as a medium of exchange between buyers and sellers. Exchange of goods and services is made easy with the use of money.
2. Store of value: Money functions as a store of value. That is, money should remain valuable when stored for a period of time.
3. Unit of account: Money also functions as a unit of account, that is, providing a common measure of the value of goods and services being exchanged.