based on the minimax regret method, which decision alternative will you choose? a) sell company b) form joint venture c) sell software on own
Answers
Based on the minimax regret method, the decision alternative I will choose is to sell company. Option A is the answer.
What is the minimax regret method about?The goal of the minimax regret method, a technique for making decisions, is to reduce the maximum regret connected to various option alternatives. Regret is the distinction between the reward of the ideal outcome and the reward of a specific outcome.
I would normally create a regret matrix that compares the potential consequences for each decision alternative before using the minimax regret method. The regrets connected to each result for each alternative decision are listed in the regret matrix. The regret is determined by comparing the best payout for a particular outcome with the payoff of a specific alternative for that outcome.
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Related Questions
Indicate whether the situation below will lead to a surplus, shortage, or neither.
The price of a product falls to a level that consumers consider a bargain.
O Neither
Surplus
Shortage
Answers
If the price of a product falls to what is considered a bargain price, a shortage would occur.
A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.
A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.
When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.
When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.
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Select ALL the correct answers.
Which two of the following are factors of production?
a home mortgage loan
stock in a construction company
a newly built house
carpentry skills
planks of hardwood
Answers
Answer:
stock in a construction company
planks of hardwood
Waist circumference, body mass index (BMI), and body fat percentage are three methods for assessing health risk. Read the descriptions below and choose which assessment method is being described for each. Description Assessment Method 1. May inaccurately classify muscular individuals as overweight 2. Assesses how much body weight is composed of fat 3. Assesses fat distribution
Answers
The Body Mass Index is the most practical indicator of obesity and overweight.
What is BMI?The body mass index is a measurement that is based on a person's height and build. The body fat percentage (BMI) is calculated by dividing the body weight in pounds by the squared of the adult height, and it is given in kilos per square meter (kg/m2).
Abdominal circumference is estimated at the lowest point of the breastbone and the center of the pelvis to determine the body's division of fat.
Gaining too much weight will be the outcome of an increase in any of them, wether BMI or WC.
Being overweight makes you more susceptible to conditions like high cholesterol, dyslipidemia, diabetes, which is very bad for your heart.
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Michael’s personal property in his college dorm room is insured by an endorsement on his parents’ homeowners insurance. The deductible is $2,000. A flood destroys Michael’s textbooks, which cost $570.93 tablet computer, which cost $868.91 backpack, which cost $141.37 and clothing, valued at $500. How much of the loss will the insurance policy not cover?
Answers
Answer:
81.21.
Explanation:
all you would need to do is add up all the values then subtract 2000.
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T/F: Business intelligence is both a core and extended ERP component.
Answers
Business intelligence is not considered a core or extended component of ERP (Enterprise Resource Planning) systems is False.
ERP systems are comprehensive software solutions that integrate various business functions and processes into a centralized system. They typically include core components such as finance, human resources, inventory management, and supply chain management. Extended components of ERP systems may include modules for customer relationship management (CRM), e-commerce, or business analytics.
While business intelligence (BI) is closely related to ERP systems and can complement their functionalities, it is not considered a core or extended component of ERP. Business intelligence refers to the technologies, applications, and practices used to analyze and present business data to support decision-making. BI systems often extract data from various sources, including ERP systems, to generate meaningful insights and reports.
While some ERP vendors may offer integrated business intelligence features or provide options for integrating BI tools with their ERP systems, business intelligence itself is not an inherent component of ERP. It is an independent discipline that focuses on data analysis, reporting, and visualization to enable organizations to make informed decisions and drive performance.
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4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)
Answers
Answer and Explanation:
Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.
Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.
The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.
This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.
Answer:
1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9
2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.
· Must have valid Pharmacy Technician License
3. Working with patients to explain and educate on medical questions
· Tracking and logging vaccination details into EMR (electronic medical records system)
· Assisting Pharmacist as needed
4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.
Explanation:
On 3/1/X1 Landlord Co. received a $36,000 cash payment from Renter Co. to pay for a total of 17 months, starting in the current month. How much revenue should Landlord Co. recognize in the year ending 12/31/X1? Round your answer to the nearest penny.
Answers
Answer: $21177
Explanation:
First and foremost, we should note that since the revenue that Landlord Co. wants to recognize in the year ending 12/31/X1 will be for a period of 10 months that is, from 1st of March to 31st of December.
Therefore, the revenue that Landlord Co. should recognize in the year ending 12/31/X1 will be:
= $36000 × 10/17
= $21176.471
= $21177
Richard has recently finished college and is about to prepare for his exam to become a certified public accountant. He wants to talk to other accountants to learn how best to prepare for this exam. Which professional organization would be most helpful for him to join?
Answers
Answer:
The accountant federation
An economy is operating at a point inside its production possibilities curve (PPC). Which of the following will most likely cause the economy to move toward the current PPC in the short run
Answers
If the employees have increased then the economy will move toward the current PPC in the short run with regard to the its production possibilities curve.
What is a an economy?An economy is a region where products and services are produced, distributed, traded, and consumed. a social domain that places an emphasis on production-related practices, discourses, and material expressions
In the short term, a rise in employment will most certainly force the economy to turn towards the current PPC. The number of employed people will increase as unemployment declines.
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According to the video, in which areas are Accountants and Auditors involved? Check all that apply.
budgeting
hiring
training
planning
cost control
employee compensation
event planning
Answers
Answer:
1, 4, 5, 6
Explanation:
Just did the assignment.
question content area falcon co. produces a single product. its normal selling price is $27 per unit. the variable costs are $16 per unit. fixed costs are $19,700 for a normal production run of 5,000 units per month. falcon received a request for a special order that would not interfere with normal sales. the order was for 1,460 units with a special price of $20 per unit. falcon has the capacity to handle the special order, and for this order, a variable selling cost of $2 per unit would be eliminated. if the order is accepted, the differential effect on profit would be a(n)
Answers
The differential effect on profit if Falcon Co. accepts the special order can be calculated using the relevant costs approach. Relevant costs are costs that change as a result of a specific decision and are therefore important in making that decision.
In this case, the relevant costs would include the variable costs that will be incurred in producing the special order, the fixed costs that will remain unchanged, and the revenue generated by the special order.
First, let's calculate the relevant costs for producing the special order. The variable cost per unit is $16, but the variable selling cost of $2 per unit will be eliminated, resulting in a variable cost of $14 per unit. Therefore, the total variable cost for producing 1,460 units would be:
Total variable cost = Variable cost per unit x Number of units
Total variable cost = $14 x 1,460
Total variable cost = $20,440
Next, we need to consider the revenue generated by the special order. The special price per unit is $20, which is $7 lower than the normal selling price of $27 per unit. Therefore, the revenue generated by the special order would be:
Revenue = Price per unit x Number of units
Revenue = $20 x 1,460
Revenue = $29,200
Finally, we need to consider the fixed costs, which remain unchanged regardless of whether the special order is accepted or not. The fixed costs for a normal production run of 5,000 units per month are $19,700. Since the special order is for 1,460 units, the fixed costs allocated to the special order would be:
Fixed costs allocated to special order = Fixed costs x (Number of units in special order / Total number of units)
Fixed costs allocated to special order = $19,700 x (1,460 / 5,000)
Fixed costs allocated to special orders = $5,724
Now we can calculate the differential effect on profit:
Profit = Revenue - Total variable cost - Fixed costs allocated to special order
Profit = $29,200 - $20,440 - $5,724
Profit = $2,036
Therefore, if Falcon Co. accepts the special order, the differential effect on profit would be a positive $2,036.
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_____ has become a major recipient of FDI and hit a record of $139 billion in 2018. Multiple choice question.
Answers
True or false: One consequence of big cities' ceasing to be industrial centers is that homes, jobs, and issues of interest have become focused on downtown areas.
Answers
A client who believes that current economic events will make market conditions more stable over the upcoming 30 days could profit by:
Answers
Answer: b. selling VIX calls
Explanation:
The client could make some money selling VIX calls. Call options give the holder the right to buy an underlying asset at a set price in future and they will do so if the market price of the underlying asset increases past the call price of the asset (exercise price).
If the client expects that market conditions will be stable then an increase in stock price is not expected. They can sell calls and make money from the premium they will charge for the calls knowing that they would not have to sell any stock to the holder as the value will not appreciate.
The ceo of c & j construction is considering moving to a virtual network structure. What would be the best reason to make such a move?.
Answers
The best reason for the CEO of C & J Construction to consider moving to a virtual network structure is to increase flexibility and scalability. By implementing a virtual network structure, the company can easily expand or contract its network resources based on its needs.
This allows for efficient allocation of resources and cost savings. Additionally, a virtual network structure enables employees to access company resources and collaborate from anywhere, promoting remote work capabilities and improving overall productivity.Learn more about virtual network structure-
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Starbucks created the Starbucks College Achievement Plan that offers eligible
employees full tuition to earn a Bachelor's degree in partnership with Arizona State
University. This action represents the
dimension of social responsibility.
Answers
The aforementioned action represents the philanthropic activities dimension of social responsibility.
What is CSR?CSR is abbreviation for corporate social responsibility and it can be defined as a business organization's (company's) obligation to act in a manner that benefits and adds significant value to the society and the people living in the environment where it operates, and usually as it conduct its business operations.
Basically, corporate social responsibility (CSR) is typically focused on improving the society through any positive and beneficial means possible.
Corporate social responsibility requirements stages.Generally speaking, there are four different corporate social responsibility requirements stages and these include the following:
Financial and economic viability.Compliance with legal and regulatory requirements.Ethics, principles, and values.Philanthropic activities such as offering eligible employees full tuition, in order to enable them a Bachelor's degree.In this context, we can reasonably infer and logically deduce that the aforementioned action represents the philanthropic activities dimension of social responsibility.
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Which part of the ethical code for social work is described?
Suppose you are working with a community group and a concern is raised about the single mothers in the community. After listening to the group, you realize the concern is that people do not want to rent to single mothers; therefore, these individuals are usually living on the top floor of old buildings that are not always the best environment for children.
social justice
competence
service
relationships
Answers
Social justice is the correct answer.
Answer:
tis actually competence
Explanation:
alexander hamilton argued that the chief executive office should possess
Answers
Alexander Hamilton argued that the chief executive office should possess energy. The correct option is c.
According to Alexander Hamilton the President of the United States should have substantial executive authority and powers. He supported a strong executive branch with significant decision making power and the capacity to successfully govern the country.
A capable executive who could offer leadership, stability and efficient governance was a key component of Hamilton's vision. He argued in favor of a President with the authority to carry out and enforce laws, manage foreign affairs and uphold national security. The Presidents duties as outlined in the United States Constitution were influenced by Hamilton's ideas on executive power.
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The complete question is "Alexander Hamilton argued that the chief executive office should possess a. popularity. b. judgment. c. energy. d. gravitas."
We wish to develop a confidence interval for the population mean. The population follows the normal distribution, the standard deviation of the population is 3, and we have a sample of 10 observations. We decide to use the 90 percent level of confidence. The appropriate value of to represent the level of confidence is ________________.
Answers
which principle defines how many times something repeats.
Answers
The principle that defines how many times something repeats itself is called the repetition compulsion.
This psychological principle was studied by psychoanalyst Freud as an essential component for mental analysis, as the discovery of patterns of repetitive behavior is aimed at the unconscious and instinctive search for:
pleasure and to avoid contempt.Therefore, repetition compulsion is related to repetition of behaviors in the form of dreams and neuroses in the form of the individual unconsciously seeking to assume a slightly more dominant role over an event that may have generated trauma.
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find the definition of each one of those key terms:
gross investment
net investment
exports
(please type this answer)
imports
net exports
national income (NI)
personal income (PI)
disposable income (DI)
saving
Answers
Gross Investment: Gross investment is an economic term that refers to the amount of investment made by a company or government in capital goods, such as factories, equipment, and other productive assets, over a particular time period.
Gross investment is a measure of the total amount of capital invested, without accounting for depreciation. Net Investment: Net investment is the total amount of investment after accounting for depreciation. It is the difference between the gross investment and depreciation of capital goods.Exports: Exports are goods or services produced in one country that are sold and shipped to another country.
The revenue generated from exports contributes to the growth of the exporting country's economy.Imports: Imports are goods or services purchased by one country from another country. The importing country spends money to purchase goods or services from other countries.
Net Exports: Net exports is the difference between a country's total exports and total imports. When a country exports more than it imports, it has a positive net export, which contributes to economic growth.National Income (NI): National income is the sum of all the income earned by a country's citizens, including wages, salaries, profits, and interest.
It is an important economic indicator that reflects the overall health of a country's economy. Personal Income (PI): Personal income is the total income earned by an individual, including wages, salaries, and other sources of income. It does not include taxes or other deductions.
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Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays and double time on Sundays. This week he worked his regular 40 hours plus 8 hours on Saturday and 7 hours on Sunday. What’s his total pay?
Answers
Answer:
$1,034.88
Explanation:
Aden total pay will be
regular hours worked x regular pay
=40 hrs x $15.68
=$627.2
Overtime hours
Saturday rate :$15.68 x 1.5 =$23.52
Hours worked on Saturday= 8 hrs
Saturday pay = $15.68 x 8
=$188.16
Sunday rate : $15.68 x 2= $31.36
Hours worked on Sunday = 7
Sunday pay = $31.36 x 7
=$219.
Total pay =$627.2 + $188.16 +$219.52
=$1,034.88
if a person is waiting to be called back to a job from which she has been laid off, how is she classified?
Answers
Regardless of whether they have participated in a particular job search activity, employees who anticipate being called back from a temporary layoff were counted as unemployed.
People frequently find themselves in situations where they have engaged in much than one action when the population is categorized according to who was employed, unemployed, as well as not in the labor force on the foundation of actual actions throughout a given calendar week. Since each person will only be counted once, whose status is determined by a system of priorities.
In some seasons of the year, unemployment as well as total employment generally stronger compared to others. For instance, unemployment typically higher in January as well as February, when it gets colder across much of the nation and less work is done in construction, agriculture, as well as other seasonal industries.
Additionally, every June, as students enter the workforce in pursuit of summer jobs, simultaneously employment as well as unemployment soar.
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(Easy) Drag each label to the correct location on the image.
Match the factors to the type of financing adopted by the business.
Answers
Answer:
First 3 going straight down go in equity financing last to go in debt financing.
Explanation:
Which economic system best defines: Lowest amount of economic freedom?
Answers
Answer:
command economy
Explanation:
In a command economy, the government is the only determinant of what is to be produced, its quantity, and price. All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.
The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.
How can an employer prevent their employees from being exposed to hazardous substances?
Answers
An employer prevent their employees from being exposed to hazardous substances using control equipment and controlling procedures.
Workers should have access to eating and break areas that are apart from their work locations in order to reduce the danger of ingesting hazards and to foster a more pleasurable working environment. Work with the union and the firm to ensure that the presence of hazardous chemicals is consistently monitored at the workplace. Each business that handles hazardous materials is distinctive. Their use of chemicals, the reasons behind it, the number of people who handle it, and the resources available to them to reduce the hazards associated with chemical usage are all different.
utilizes or dons the tools, safety gear, or uniforms that the employer of the worker requires. works in accordance with the Act's and any requirements under it that relate to their company's protective equipment, methods, and processes.
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Outline any other THREE qualities of a successful entrepreneur
Answers
Answer:
Robust Work Ethic.
Deep Passion.
Creativity. ...
Motivated Self-Starters. ...
Easygoing Attitude. ...
Eager to Learn.
you can choose any three you want :)
Your store has an average time of 90 seconds toprocess a sales transaction. There are three customers in line to check
out. How much time will have passed when the last sales transaction is complete?
Answers
Answer: 270 Seconds
Explanation: 90 seconds x 3 customers = 270 seconds Hope this helped :)
How to be a successful entrepreneur?
Answers
Answer:
Don’t take ‘no’ for an answer
Learn from the best
Stay hungry and ambitious
Never stand still; evolve with the times
Nurture long-term business relationships
Inspire those around you
Trust your gut instinct, not just your spreadsheet
Explanation:
It takes hard work and dedication and they are many free sources that is available today such as videos
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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