Considering the definition above, the model that assumes managers will make logical decisions in the firm's best interest is the Classical Model.
This is because the Classical Model, otherwise known as the rational model of decision making, is a type of decision-making model that assumes managers will make logical decisions that are the optimal means of furthering the organization’s best interests.
The classical model of decision usually involves four major steps, which are:
Identifying the problem or opportunityComing up with alternative solutionsAssessing options & select a solutionExecuting and assessing the impact of the solution carried out.Hence, in this case, it is concluded that the correct answer to the question is the Classical Model of decision making.
Learn more here: https://brainly.com/question/18174858
economics is the study of how limited resources are used to satisfy human wants. economists look at the causes and effects of the choices people make. list 3 decisions that you have made in the last 24 hours.
Answer:
whether I should buy 1killo of orange or 2killo banana
A fundamental law of nature states that the quantities of labor, capital, land, and entrepreneurial resources that can be employed to produce products and services are finite. It implies that there are a finite number of resources available to the economy at any given time to produce products and services.
What three problems must an economic system solve?It's possible to question and remove unsourced material. The three basic economic questions that must be addressed and resolved by economic systems as a sort of social system are: "How much and which alternative commodities and services shall be created?" and "What kinds and amounts of goods shall be produced." How should products be made?
Limitations on resources and insatiable human desire are the root causes of all economic issues. It develops as a result of a lack of resources that can be used in other ways. Each community must make choices about how to use its limited resources. In general, resource allocation is the main issue in an economy.
Thus, The amount of labor, money, land and entrepreneurial resources that can be used to create goods and services is limited, according to a fundamental rule of nature.
Learn more about Economics here:
https://brainly.com/question/14787713
#SPJ2
withholding taxes for federal and state income tax are based upon which items?
a $50,000 loan is to be amortized over 7 years, with annual end-of-year payments. which of these statements is correct?
Proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.
Amortization is the process of gradually paying-off of debt through scheduled installments that include the component of principal and interest.
The amortization tables helps to keep track of amount owed and when payment is due.The table also shows how much to be paid at required intervals (i.e. monthly, bi-monthly, quarterly etc)As the repayment and period of payment increase, the outstanding debt keeps decreasing as well.The rate of interest determines the amount of repayment to be made at each intervalTherefore, if the interest rate were lower, then, the repayment of principal would be lower as well.
Read more about this here
brainly.com/question/12256592
when the government redistributes income from the wealthy to the poor,
advantage of running a business with someone and disadvantage
if a business owner becomes aware of a shortage in the market for the good or service he or she produces, he or she is likely to
Answer:
increase the price
Explanation:
they would increase the price to reduce demand
When you purchase something with a credit card, you
A
automatically improve your credit score
B
buy it now and promise to pay for it later
С
pay for it now but receive it later
D
decrease your debt
Answer:
(A) uhhh I think it's a
Explanation:
ok
the pitfalls of a differentiation strategy include
The pitfalls of a differentiation strategy include many methods such as "attempting to differentiate using easily copied features."
Other methods that could be a pitfall for differentiation strategy includes the following:
When firms differentiate based on the features, they believe buyers do not value.
When firms differentiate based on price, for example, firms charge higher prices to create a premium image.
Differentiation strategy in business is a method businesses or firms use to create distinct products for consumers, and it is expected to give the firms a competitive advantage over rivals.
Hence, in this case, it is concluded that there are various pitfalls in differentiation strategy firms should be aware of.
Learn more here: https://brainly.com/question/15407019
aanu owns several computer repair shops across northeastern wisconsin, and she has set a goal for her company of increasing market share in all locations over the next three years. aanu has set a:
Aanu's goal of increasing market share in all locations over the next three years is a strategic goal.
A strategic goal are the specific objectives a firm aims and plans to achieve over a specified period of time. The strategic goal set by the firm can either be financial or nonfinancial.
Examples of strategic goals include:
Increasing the market share of the company. Increase customer satisfaction.Increase the number of customers of the company.Other types of goals are:
Operational goals are the steps that a firm takes to achieve in the long term success. Tactical goals are goals that are set for the immediate short time period.To learn more about strategic goals, please check: https://brainly.com/question/15301818?referrer=searchResults
Betty's employees' performance is the lowest of the company. Most of Betty's employees have
been with the company less than 2 years. Those that have been with the company for more
than 2 years are visibly unhappy at the company. These results are drastically different than
most of the other teams in the company.
Do you think Betty is a good manager? List facts that support your decision
Answer: Define job performance, organizational citizenship, absenteeism, and turnover.
Explain factors associated with each type of work behavior.
One of the important objectives of the field of organizational behavior is to understand why people behave the way they do. Which behaviors are we referring to here? We will focus on four key work behaviors: job performance, organizational citizenship behaviors, absenteeism, and turnover. Note that the first two behaviors are desirable ones, whereas the other two are often regarded as undesirable. While these four are not the only behaviors organizational behavior is concerned about, if you understand what we mean by these behaviors and the major influences over each type of behavior, you will gain more clarity about analyzing the behaviors of others in the workplace.
Explanation:
Because of his job, Joseph knows how to operate machinery, design plans, and has knowledge of geography and
math. He is also colorblind. Which career is Joseph most likely a part of?
O Petroleum Engineer
Pump Operator
O Meter Reader
Electrician Installer
Mark this and return
Save and Exit
Next
Submit
Answer:
Electricista Instalador
Explanation:
when you love your job, the opportunity cost of working is _____ the opportunity cost if you dislike your job.
Answer:
When you love your job, the opportunity cost of working is lower than the opportunity cost if you dislike your job.
Explanation:
There is a relation between liking or not liking your job and the opportunity cost. When a worker is happy, they are more likely to work harder.
If the opportunity costs of working is the same as the opportunity cost if you dislike your job, then you would feel indifferent or ok with your job.
If the opportunity cost of working was higher than the opportunity cost if you dislike your job, then you would likely NOT love your job, but hate or dislike your job and would want to find another job.
If the opportunity cost of working was lower than the opportunity cost if you dislike your job, then you would likely love or like your job.
Reich uses the 'virtual cycle' to explain economic growth in the United States. Which economic group does he believe stimulates economic growth the most?ConsumersProducersGovernment
Answer:
Economic growth can be caused by random fluctuations, seasonal fluctuations, changes in the business cycle, and long-term structural causes. Policy can influence the latter two.
Business cycles refer to the regular cyclical pattern of economic boom (expansions) and bust (recessions). Recessions are characterized by falling output and employment; at the opposite end of the spectrum is an “overheating” economy, characterized by unsustainably rapid economic growth and rising inflation. Capital investment spending is the most cyclical component of economic output, whereas consumption is one of the least cyclical. Government can temper booms and busts through the use of monetary and fiscal policy. Monetary policy refers to changes in overnight interest rates by the Federal Reserve. When the Fed wishes to stimulate economic activity, it reduces interest rates; to curb economic activity, it raises rates. Fiscal policy refers to changes in the federal budget deficit. An increasing deficit stimulates economic activity, whereas a decreasing deficit curbs it. By their nature, policy changes to influence the business cycle affect the economy only temporarily because booms and busts are transient. In recent decades, expansions have become longer and recessions shallower, perhaps because of improved stabilization policy, or perhaps because of good luck.
Long-term growth receives less attention from policymakers than cyclical growth. Yet in a broader view of history, long-term growth is the more important of the two because it is the key to raising living standards. Long-term growth is caused by increases in labor, capital, and productivity. Policy changes in the areas of education, taxation, competition, basic research, and infrastructure can influence the economy’s long-term growth rate, but only at the margins. Long-term growth has altered very little over most of U.S. history despite a broad array of policy changes. That fact is less surprising when one considers that the main contributor to long-term growth is technological progress, over which the government has little direct influence. In recent years, long-term growth has accelerated modestly because of higher productivity growth, driven mainly by what is popularly referred to as the “information technology (IT) revolution.” Although the government had little direct influence over the IT revolution, it provided an environment in which those technological changes were allowed to thrive, which likely explains why many other economies did not experience a similar productivity acceleration.
Explanation:
Hi i needa gf im 16 im a kind loving caring person anyone 13 through 17
Answer:
Hello, my names Harley and im 15. and im a red head with green eyes.
Explanation:
And im single lol...
What are payroll taxes levied on?
A.
a business's profits
B.
an individual's dividend income
C.
the wages or salaries of a company's employees
D.
the goods and services purchased by people
E.
a piece of land
Answer:
D
Explanation:
cus im like that
Payroll taxes are levied on the wages or salaries of a company's employees. Hence, Option (C) is correct.
Payroll taxes are typically withheld from an employee's paycheck by the employer and are used to fund various government programs and social benefits.
Payroll taxes serve as a means for governments to generate revenue that goes towards funding programs such as Social Security, Medicare, unemployment insurance, and other social welfare initiatives.
The specific rates and regulations surrounding payroll taxes can vary by country and jurisdiction.
The taxes are typically calculated as a percentage of an employee's income and are withheld directly from their paycheck, with the employer responsible for remitting the taxes to the appropriate government agency.
Thus, payroll taxes provide the necessary funding for government programs and social benefits.
Learn more about Payroll taxes here:
https://brainly.com/question/28427084
#SPJ6
in which step of the l&d process do managers determine what skills employees should have after the process that they did not have before?
The learning and development process refers to the steps taken by the employers of labor to equip their employees with the knowledge they need to succeed. The stage in which managers determine what skills employees should have after analyzing the skills that they did not have before is;
The Training Needs Analysis or Skills Assessment stageBefore training employees on certain skills, there should be an evaluation of what they knew before.
When their present skills are determined, it becomes easy to identify the gaps and fill them in through training.
So, the Skills Assessment stage, which is the second stage after Role-based Competency Mapping is applicable.
Learn more here:
https://brainly.in/question/12774795
the difference between personal assets and personal liabilities
Answer:
Assets include the value of securities and funds held in checking or savings accounts, retirement account balances, trading accounts, and real estate. Liabilities include any debts the individual may have including personal loans, credit cards, student loans, unpaid taxes, and mortgages.
Explanation:
Answer:
Assets: include the value of securities and funds held in checking or savings accounts, retirement account balances, trading accounts, and real estate.
Liabilities: include any debts the individual may have including personal loans, credit cards, student loans, unpaid taxes, and mortgages.
Difference between Assets & Liabilities:
Assets are what a business owns and liabilities are what a business owes. Both are listed on a company's balance sheet, a financial statement that shows a company's financial health. Assets minus liabilities equals equity, or an owner's net worth.
employees make greater use of their skills and enjoy more opportunities for professional development in a organization.
In a decentralized organisation, employee uses more of their skills and enjoy professional development as well.
Decentralized organization is a type of organizational structure where most decisions-making are made by mid or lower level managers.
Under a decentralized organizational structure, the senior management delegates majority of decision making to lower levels in the organization.In conclusion, employees who works under a decentralized organisation viii make greater use of their skills. Development of professional career will be enjoyed because more freedom are given to them at the workplace.
Learn more about Decentralized Organisation here
brainly.com/question/12653061
How do managers use information obtained in the income statement
Answer: The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported It then calculates operating expenses and, when deducted from the gross profit, yields income from operations.
Explanation:
does anyone how how i can get a hold of my own FAFSA records if im under 18?
Answer:
Log onto the FASFA app, and if you know the info of the person you're looking for or just call Department of Education 1800 621 3115
a marketing plan is an important tool for communicating details of the marketing functions. what else is the marketing plan used for?
Answer:
to attract customers or other buissness man that might want to invest
A marketing plan is used in order to attract customers or other businessman that might want to invest.
What is a Marketing plan?A marketing plan may be included as part of a larger company plan. A solid marketing strategy is the cornerstone of a well-written marketing plan that will allow goals to be met. While a marketing strategy provides a list of tasks, it is useless to a firm without a solid strategic basis.
A marketing plan is an advertisement strategy that a company will use to sell its product or service. The marketing strategy will assist in determining who the target market is, the best way to contact them, the price point at which the product or service should be marketed, and how the firm will assess its efforts.
Therefore, it can be concluded that a marketing plan is designed to attract clients or other businessmen who may be interested in making investments.
Learn more about Marketing plan here:
https://brainly.com/question/1438675
#SPJ6
at the end of 2021, koosharem corp. calculated and recorded $50,000 in depreciation on a building that it had purchased five years earlier. how will this depreciation affect koosharem’s 2021 financial statements?
The effect of depreciation on koosharem’s 2021 financial statements is that it would lead to a decrease in the net income and a decrease in assets.
Depreciation is a method that is used to decrease the carrying value of an asset due to wear and tear.
There are different methods that can be used to determine the depreciation of an asset. They include:
The double-declining method The straight line deprecation methodThe unit of production depreciation method Sum of the years deprecation method.Building is considered as an asset to the business. It is a type of fixed asset. The carrying value of the building on the balance sheet would be reduced by $50,000. Depreciation is an expense. This would lead to an expense of $50,000 which would reduce net income by the same amount.
To learn more about depreciation, please check: https://brainly.com/question/24002169?referrer=searchResults
when an externality is present, the market equilibrium is
Answer:
Effecient
Explanation:
And the equilibrium maximizes the total benefit to society as a whole
Ida has always wanted to be a teacher and give back to her community. However, she has recently come to realize that she will never be able to afford a fancy lifestyle if she chooses to be an educator. Ida is now confused about which career path to choose. Which values conflict is Ida MOST likely facing?
A.
leadership vs. acceptance
B.
security vs. risk
C.
wealth vs. service
D.
challenge vs. control
Answer:
C. Wealth vs. Service
Explanation:
Ida is choosing between wealth and service because she needs to choose between living a non-fancy lifestyle or educating the future generations (service).
A DJ wants to analyze market reactions to the new music selections played at his dance last weekend. He advertises his weekly dances using social media and email.
Which would be the most effective way to gather reactions from those who attended the dance?
Focus Groups
Surveys
Personal Interviews
Observation
Answer: Surveys
Explanation:
The most effective way to gather reactions from those who attended the dance is Surveys. Option B is correct.
What are Surveys?In order to gather information about a service, product, or process, a surveys are described as the act of looking at a process or questioning a predetermined sample of people. Surveys used to gather data ask a specific set of people about their beliefs, actions, or knowledge.
Surveys are used to collect data or learn more in areas like demography and social research. Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys might have narrow, focused objectives or they can have broad, more general objectives.
Thus to analyze market reactions to the new music selections played at DJ dance last weekend surveys are most optimal option here.
Learn more about Surveys refer:
https://brainly.com/question/29365625
#SPJ2
select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster.
Companies raise prices to unjust levels when they engage in price gouging. There is no set definition of what constitutes price gouging, but it happens frequently.
The statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster are:
1. When prices rise after a disaster, consumers are encouraged to produce less of the good and leave some for others to purchase; price gauging laws short-circuit this effect.
2. When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gauging laws short-circuit this effect.
3. Price gauging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.
Price gouging frequently happens when there is a rapid increase in demand for a specific good, service, or commodity, such as in the case of catastrophes and natural disasters.
The desire for luxuries and non-essential goods decreases in times like these, which causes many firms to lose the sales they typically rely on. In an effort to counteract this loss and stay in business, shops may hike the prices of necessities.
On the other hand, if demand for necessary goods or services surges abruptly, the supply may become severely constrained and prices may rise even further.
Learn more about price gouging here:
https://brainly.com/question/5046026
#SPJ12
Your question seems to be incomplete, but most probably the complete question was:
Select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster. True Statement about Price Gouging Drag appropriate answer(s) here ✓
Price gouging laws keep prices low after a disaster. This forces consumers to buy less of the good than they otherwise would.
When prices rise after a disaster, consumers are encouraged to consume less of the good and leave some for others to purchase; price-gouging laws short-circuit this effect.
When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price-gouging laws short-circuit this effect.
Price gouging laws reduce shortages after a disaster by keeping prices low. Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse,
Price gouging laws keep prices low after a disaster. This forces producers to produce more of the needed goods.
which region gained the most from the exchanges of ideas and technologies facilitated by the mongol empire?
Answer:
europe
Explanation:
ABC Company sold goods to XYZ traders on May 1, 2019. ABC company agreed to accept a Kshs.1,400,000 for 6 month, 12% note in payment for the goods. Interest is payable at maturity. Required: Prepare journal entries to record the above transactions
Answer: If you have ever taken out a payday loan, you may have experienced a situation where your living expenses temporarily exceeded your assets. You need enough money to cover your expenses until you get your next paycheck. Once you receive that paycheck, you can repay the lender the amount you borrowed, plus a little extra for the lender’s assistance.
There is an ebb and flow to business that can sometimes produce this same situation, where business expenses temporarily exceed revenues. Even if a company finds itself in this situation, bills still need to be paid. The company may consider a short-term note payable to cover the difference.
A short-term note payable is a debt created and due within a company’s operating period (less than a year). Some key characteristics of this written promise to pay (see (Figure)) include an established date for repayment, a specific payable amount, interest terms, and the possibility of debt resale to another party. A short-term note is classified as a current liability because it is wholly honored within a company’s operating period. This payable account would appear on the balance sheet under Current Liabilities.
Short-Term Promissory Note. A promissory note includes terms of repayment, such as the date and interest rate.
Explanation:
what country consumes the most chocolate per capita?
Answer:
Switzerland
Explanation:
amounting to an impressive 8.8 kilograms.
Answer:
Switzerland
Explanation:
what are the four factors underlying the free enterprise system?
Answer:
profit,risk,competition and productivity
