The decision-making process for consumer purchases has five stages. Problem recognition is the first step, and post-purchase behavior is the last.
What is a decision-making process?The process of choosing a course of action involves identifying a decision, acquiring data, and weighing potential answers. By collecting pertinent information and identifying options, a step-by-step decision-making process can assist one in making more careful, considered decisions.
By collecting pertinent information and identifying options, a step-by-step decision-making process can assist one in making more careful, considered decisions. By using this strategy, one have a better chance of selecting the option that will satisfy one the most.
Here, effective decision-making is defined as the procedure by which options are chosen and then managed through execution to meet organisational goals.
Effective decisions are the outcome of a methodical procedure that has aspects that are precisely specified and is handled in a specific order.
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A method used for establishing a logical framework for identifying the required activities for the project is called
I think it's
Work breakdown structure.
Many of the meetings in which office workers are involved are informal, small group meetings
Answer:
false
Explanation:
office meetings are always formal because this is a serious meeting. Every worker is also involved. You can tell by the way they dress the meeting and the way they speak is formal.
If you don't meet a deadline at work, you could: *
Answer:
Failing to meet a deadline in the workplace may result in disappointing your co-workers, receiving a negative reaction from your boss, or even hurting your company as a whole. If you cultivate time management skills early, you will have a better chance of success in your future career.
why was slavery more successful than other labor systems in meeting the labor needs of the colonial america market economy
Answer:
Cheap & effective
Explanation:
this source of labor was easily abusable and by having people you don't need to pay and spend barely anything on feeding them it makes it easier to build the USA. I don't agree with the USA being founded on this but other countries were doing this so the USA did it also.
Can someone please reading this and tell me if it sounds good so far, thanks!
It actually isn't bad; I would take out the freshman year sentence though.
General partners must obtain approval from a majority of the limited partners in order to manage the business. True or False
General partners do not have to obtain approval to run the business which means that this statement is FALSE.
In a Limited Partnership:
The limited partners are not involved in the running of the business The general partner makes all the relevant decisions involved in running the companyThe general partner therefore, does not have to take permission from the limited partners to manage the business. The limited partners have limited roles with one of them being that they do not run the business.
In conclusion, this statement is false.
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The difference between actual overhead costs incurred and the budgeted (flexible) total overhead at actual units produced is the:
Answer:
The difference between actual overhead costs and overhead costs applied to work done, based on standard hours allowed. ... Both standards and budgets are predetermined costs. The primary difference is that a standard is a unit amount, whereas a budget is a total amount.
Explanation:
The difference between the amount of overhead applied throughout the manufacturing process and the actual amount of overhead expenses incurred during the period is known as an overhead cost variation.
So the answer is overhead cost variance.
About overhead cost variance:
As most businesses employ perpetual inventory systems, their inventory costs must be updated in real time.
This means that management cannot wait until the end of the quarter to total all overhead costs and assign them to each task.
Instead, management should forecast future overhead expenses and distribute them throughout the manufacturing process.
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This is Pete's PPC curve for staying in touch with friends via phone vs. his weblog during one week. Pete plans to write four entries to his weblog. How many
conversations with friends can he have to efficiently use his time?
OO
01
04
06
To efficiently use his time, the number of conversations with friends Pete can have is 4.
The Production possibilities curve shows the different ways goods and can be combined so resources are fully utilised. The PPC is concave to the origin.
Points on the curve indicate efficient production. Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources . Points inside the production possibilities curve means that the nations resources are not being fully utilised.
If Pete wants to write 4 blog entries, trace the 4 on the y-axis to the curve and trace it to the x-axis. Based on this, Pete can have 4 conversations with friends.
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If the MPC is 0.8 and government transfers to households decrease by $50 million, then equilibrium GDP will decrease by:
The equilibrium GDP will decrease by $200 million if the government transfers to households decrease by $50 million.
Transfer payment multiplier = MPC / (1 - MPC)
Transfer payment multiplier = 0.8 / (1 - 0.8)
Transfer payment multiplier = 0.8 / 0.2
Transfer payment multiplier = 4
If the government transfers decrease by $50 million.
Equilibrium GDP will decrease by:
= $50 million * 4
= $200 million.
Therefore, the equilibrium GDP will decrease by $200 million if the government transfers to households decrease by $50 million.
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enterprise opportunities
Hedging risk involves engaging in a financial transaction that offsets a long position by taking an additional ________ position, or offsets a short position by taking an additional ________ position.
Risk Hedging entails offsetting a long position by taking an additional short position or offsets a short position by taking an additional long position.
Risk Hedging refers to various strategy employed to reduce exposure to an investment risk.
Risk Hedging is when the hedge the risk of one investment by taking an offsetting position in another investment.Hence, the strategy of Risk Hedging entails offsetting a long position by taking an additional short position or offsets a short position by taking an additional long position.
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The most basic form of ownership in a firm consists of:
Identify four (4) different types of credit (purposes)
Answer:Revolving Credit. Charge Cards. Installment Credit. Non-Installment or Service Credit
the free market idea is generally associated with which economic system?
Answer:
The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only private transactions between buyers and sellers.
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The bureaucratic structure that arranges employees by multiple factors such as region, products, or clients is known as the ______ structure.
Bureaucratic structure is a structure that has a lot of formalized set of role expectations. The bureaucratic structure that arranges employees by multiple factors such as region, products, or clients is known as the multi-divisional structure.
Bureaucratic structure along with its different roles shows who is expected to do what, how, and when.This structure is said to be a normative in nature that is often disconnected from decision behavior or process.
The structure often shows the different facets of a mechanistic organization when looking at work specialization, formalization, and centralization.
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What would the new optimal solution of product 3 sold for $15, and 100 hours of labor could be purchased?.
Answer:
I don't know sorry sorry forgive me
Explanation:
sorry
the changes in the non-cash balance sheet accounts explain the differences between the ______.
the best way for federal reserve board officials to help boost a stagnant economy is to
The most beneficial way for the Federal reserve board officials to help boost such economy is to lower interest rates so that the banks can provide more loans at cheaper rates to individuals and businesses.
The federal reserve board officials are nominated by the President and Senate to oversee the activities of the federal reserve.
Typically, the stagnant economy is characteristic by increasing interest rate which will discourage borrowing from bank.However, if the officials lower the interest rate for bank, it will encourage more provision of loans to borrowers.Therefore, the most beneficial way is to lower interest rates so that the banks can provide more loans at cheaper rates to individuals and businesses.
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Differentiate between equity financing and debt financing?
Answer:
When a business wants to obtain cash, it has two options for financing: equity financing and debt financing. Equity financing is the most common kind of financing accessible to companies. Debt financing refers to the borrowing of money, while equity financing refers to the sale of a piece of the company's stock.
Explanation:
Hope it helps:)
The bulk of evidence suggest that_______.
a. markets are competitive enough that only superior information or insight will earn superior risk adjusted returns
b. markets are competitive enough that earning superior risk adjusted returns is impossible
c. markets are inefficient enough that earning superior risk adjusted returns is time consuming but not difficult the efficient
d. market hypothesis has been proven incorrect, resoundly.
Answer:
C
Explanation:
I’m not sure tho
brenda apologized to kordell for an e-mail that upset him. she said she had chosen an inconsiderate way of stating her idea, and that she’d be happy to discuss it further. brenda is:
The behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: expressing consideration behavior.
Consideration behavior can be described as exhibiting a friendly and supportive disposition by considering the interests of others. It also entails effectively communicating openly with others, having respect of their ideas and showing concern for their feelings.
Thus, the behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: expressing consideration behavior.
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Which bank does not charge at all for using the ATM?
Bank A
Bank B
Bank C
Bank D
ANSWER : Bank A
Answer:
Bank A
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A wage increase of $3000 per year is most likely to increase the subjective well-being of people who currently earn ________ per year.
Answer:
12,000
Explanation:
A wage increase of $3000 per year is most likely to increase the subjective well-being of people who currently earn $12,000 per year.
What is wage?The term wage refers to the payments made to employees or labor as compensation for their services. Daily, weekly, and monthly are the norm. The wages are paid on a daily, weekly, or according to the work basis. The wages are the expenses of the business.
According to the given was the amount are the wage was the increased the per year in the $3000. There was the subjective in the people are the increased the well-being into the people are the collection was the wage are the $12,000 per year in the currently to the earn.
As a result, the wage increase of $3000 per year is most likely to increase the subjective well-being of people who currently earn $12,000 per year. Therefore, option (a) is correct.
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Your question is incomplete, but most probably the full question was.
a. $12,000b. $40,000c. $25,000d. $75,000Apple want to ensure their products continue to produce a positive cash flow. They are considering 2 options for their
iPod product range's product life cycle. Justify which option Apple should choose (9 Marks)
A-Use extension strategies to extend the product's lifecycle.
B-Decline
Answer:
The Product Life Cycle
Every product goes through the various life cycle phases of introduction, growth, maturity and decline.
Key Points
Depending on its current stage in the product life cycle, a product will have different marketing, financing, manufacturing, purchasing and human resource requirements.
In the market introduction stage (following product development ), the product is released on to the market.
Sales are low and costs are high in the market introduction stage, thus, no profits are made. There is little to no competition and demand must be created through heavy promotion.
Key Terms
decline stage: when a product is not predicted to continue to be successful or upgraded
product life cycle: The process wherein a product is introduced to a market, grows in popularity, and is then removed as demand drops gradually to zero.
maturity stage: when a product is no longer in the growth stage, but not yet in the decline stage
Product Life Cycle: Overview
The product life cycle (PLC) describes the life of a product in the market with respect to business/commercial costs and sales measures. It proceeds through multiple phases, involves many professional disciplines and requires a multitude of skills, tools and processes.
This is not to say that product lives cannot be extended – there are many good examples of this – but rather, each product has a ‘natural’ life through which it is expected to pass.
The stages of the product life cycle are:
Introduction
Growth
Maturity
Decline
PLC management makes these three assumptions:
Products have a limited life and, thus, every product has a life cycle.
Product sales pass through distinct stages, each of which poses different challenges, problems and opportunities to its parent company.
Products will have different marketing, financing, manufacturing, purchasing and human resource requirements at the various stages of its life cycle.
The product life cycle begins with the introduction stage (see ). Just because a product successfully completes the launch stage and starts its life cycle, the company cannot take its success for granted.
If you move a shipment from point A to point B, the subsequent movement from point B back to point A is most commonly referred to as the ____________
When an individual moves a shipment from one point to another point and then moved it back to the previous point, it's known as reciprocal movement.
Reciprocal movement simply means a movement that's repetitive in a rotational or linear manner.
If one moves a shipment from point A to point B, the subsequent movement from point B back is reciprocal movement. Reciprocal movement can also occur when two businesses promote each other so that they'll gain a mutual benefit.
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The curve most economists use to follow the relationship between the interest rates and bonds' time to maturity is the:
if marginal cost exceeds marginal revenue, a profit-maximizing monopolist will
Answer:
Reduce marginal costs so that they equal marginal revenue.
Explanation:
Regardless of whether the producer is a monopolist, oligopolist, or in perfect competition, the profit-maximizing quantity is where marginal revenue equals marginal costs, or in other words the cost of producing the next unit of output is equal to the revenue earned by the next unit of sales. Any output before this holds an opportunity cost, and any output after this intersection is losing money.
As some of the earliest management theories, scientific management and administrative management comprise the ________ viewpoint. behavioral quantitative systems contemporary classical
The management viewpoint which is made up of the scientific management and administrative management is known as:
E. Classical viewpointAccording to the given question, we are asked to state the name which is given to the management viewpoint which is made up of the scientific management and administrative management.
As a result of this, we can see that this is one of the earliest management theories as this has to do with the different methods of managing people and resources in a market system.
Therefore, the correct answer is option E
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Check all of the perks a job might offer as incentives for potential applicants
A) gym membership
B) 401k investment plans
C) health benefits
D) child care services
Answer:C,D
Explanation:
Click this link to view O*NET’s Skills section for Secondary School Special Education Teachers. Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Secondary School Special Education Teachers? Check all that apply. instructing installation learning strategies repairing active listening technology design
Answer:
instructing
learning strategies
active listening
Explanation:
Answer:
Explanation:
instructing
learning strategies
active listening