Chad and his partner, John, have decided to update their computer network, although they have no expertise in this area. During a meeting with John, Chad commented that "Our decision is limited by numerous constraints, such as our understanding of the complexity of technology, time and money, imperfect information, and our conflicting goals." These limitations are hindrances to
A. satisficing.
B. rational decision making.
C. intuitive decision making.
D. MBO.
E. nonrational decisions
B. rational decision making.
The ability of decision makers to be rational is limited by numerous constraints, such as complexity, time and money, imperfect or too much information, conflicting goals, and their cognitive capacity, values, skills, habits, and unconscious reflexes .
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ING realized they needed to stop thinking traditionally about product marketing and start understanding ______.
A. transformational leadership B. accommodating employees C. flexibility D. customer journeys
Overhead includes
A) indirect labor. B) indirect materials. C) supplies. D) all of these.
Clevenger Co. planned to produce and sell 30,000 units with a selling price of $10 per unit. Variable costs are expected to be $4 per unit and fixed costs are expected to be $80,000. Clevenger actually produced and sold 37,000 units.Using a contribution margin format:Prepare a flexible budget income statement for the actual level of sales and production.
What will be an ideal response?
Which of the following statements is (are) true about the federal estate tax?
I. The gross estate can be reduced by a number of deductions. II. If the person who died had any ownership interest in a life insurance policy at the time of death, the proceeds are included in the gross estate for federal estate tax purposes. A) I only B) II only C) both I and II D) neither I nor II