Which of the following is a phase in the rational model of decision making?

A) Data collection phase
B) Data analysis phase
C) Design phase
D Pre-implementation phase


C) Design phase

Business

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Kellogg's uses its corporate brand name with its individual product brands as with Kellogg's Rice Krispies, Kellogg's Raisin Bran, and Kellogg's Corn Flakes. Which branding strategy is being used by the company?

What will be an ideal response?

Business

Inadequate disclosure occurs when:

a. a company attempts to overstate assets to make their financial position look better. b. management makes statements that are wrong in its annual report or any other media. c. assets are not written down to their appropriate values because insufficient depreciation is recorded. d. a company understates its liabilities and overstates its revenues and net income.

Business

In allocating variable costs to products,

a. a volume-based cost driver should be used. b. direct labor hours should always be used as the allocation base. c. a company should use the same allocation base that it uses for fixed costs. d. a company should never use more than one cost driver.

Business

In times of inflation the Fed would reduce the nation’s money supply through:

a. buying government bonds b. borrowing capital from foreign governments c. lowering the discount rate d. lowering the reserve requirement e. selling government bonds

Business