Elvira is using the rational model of decision making. the alternative that she chose and implemented does not appear to be working. to correct the situation, elvira should consider
Final answer:
Elvira should reflect on the situation and re-evaluate her decision, refine her selection with the new information, and ensure her decision criteria were correctly established early in the process to avoid biases.
Explanation:
Elvira is utilizing the rational model of decision making, an approach that is structured and sequential, designed to ensure informed and well-thought-out decisions. If an alternative she selected is not yielding the desired results, the model suggests she should enter into a phase of reflection and evaluation. This involves re-examining the decision criteria, considering new information, learning from what has not worked, and then refining the list of alternatives. This refinement process results in a better-fitting solution being chosen, one that takes into account the lessons learned from the initial failure.
Elvira should also guard against falling in love with an option to the exclusion of important criteria, ensuring that all alternatives are considered. It is vital to establish decision criteria early in the process and to keep an open mind to generate a wide range of possible solutions.
While the rational model aims for optimal decision making, in practice, officials and individuals may resort to trial and error, or muddling through. The availability of too much information or a lack of time can lead to simplifying the process and choosing the first acceptable option, termed bounded rationality.
History what was the previous name of the shipping company, whose ferry sank off the coast of papua new guinea on february 2, 2012?
A project will produce cash inflows of $2,800 per year for 4 years with a final cash flow of $5,700 in year 5. the project's initial cost is $9,500. what is the net present value of this project if the required rate of return is 15 percent?
Net Present Value is equal to the Present Value of the future cash flows - Initial Investment. The Present Value of the cash flows is discounted at an interest rate 15% (in the above question).
Present Value of the cash Flows = Cash flow in Year 1 ÷ (1 + r ) ^n
where r = 15%
n = number of years.
The Net Present Value is $1,328
The final paragraph of a letter of application explains why you are writing the letter
Explanation:
The reason for writing the letter comes always in the first.
The reader should first know, why the writer has written.
If the purpose of the letter is mentioned in the last, the reader wouldn't be interested and it is not the best practice also.
The last part should comprise of requesting, or re-insisting the purpose of the letter.
The middle paragraph should go in deeper by giving some proof or explaining the process in a descriptive manner.
Two lawyers are arguing against each other in court. the first, ms. smith, tries to persuade the jury with logical, relevant arguments. the second, mr. henderson, tries to persuade the jury by looking attractive and wearing an expensive suit. ms. smith is trying to use the __________ route to persuasion, while mr. henderson is trying to use the __________ route.
Ms. Smith is using the central route to persuasion while Mr. Henderson is using the peripheral route.
Explanation:The first lawyer, Ms. Smith, is using the central route to persuasion by presenting logical and relevant arguments to persuade the jury. The central route relies on using data and facts to convince people of an argument's worthiness. On the other hand, Mr. Henderson is using the peripheral route to persuasion by trying to persuade the jury through superficial factors such as his appearance and expensive suit. This route focuses on non-logical factors to influence people's attitudes and behaviors.
Write a one sentence summary of the central dispute in the case of mcculloch. v. maryland identify the key individuals and institutions involved in this case
In McCulloch v. Maryland, the Supreme Court ruled that Congress had the authority to establish a national bank and that states could not tax such federal entities, with the necessary and proper clause as part of the decision.
Explanation:The central dispute in the case of McCulloch v. Maryland revolved around the constitutional authority of Congress to establish a national bank and the ability of a state to tax a federally chartered institution. The key individuals and institutions involved were James McCulloch, the cashier of the Baltimore branch of the Second Bank of the United States, and the state of Maryland. The Supreme Court, under Chief Justice John Marshall, ruled in favor of the national bank, invoking the necessary and proper clause and asserting that states could not impede legitimate actions of the federal government, such as the operation of the bank.
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_____ takes the position that because conformity cannot be taken for granted, nonconformity is to be expected when social regulations are less than completely effective.
Assume the price elasticity of demand for great fit shoe co. shoes is 2.5. if the company decreases the price of each pair of shoes, total revenue will
Final answer:
With a price elasticity of 2.5, if Great Fit Shoe Co. decreases the price of shoes, their total revenue will increase due to a proportionately larger rise in quantity demanded.
Explanation:
The price elasticity of demand for Great Fit Shoe Co. shoes is 2.5, which indicates the demand is elastic. This means that the percentage change in quantity demanded is greater than the percentage change in price. When the company decreases the price of each pair of shoes, the total revenue will increase. This is because a decrease in price at this level of elasticity will result in a proportionally larger increase in quantity demanded, so much so that it more than offsets the price reduction, leading to an increase in total revenue.
Sanctions are a type of trade restriction that is ineffective in forcing change in other countries.
The answer to this question is False. Sanctions do not only rarely achieve their goal of forcing change in the targeted country, but they also tend to produce collateral economic damage in the nations that do apply them.
Gross domestic product
a. does not include transfer payments or financial transactions.
b. only includes​ "final" goods and services to avoid double counting.
c. does not include the transfer of​ second-hand goods.
d. all of the above.
About ________ percent of political advertising is aimed at americans between 18 and 34 years of age.
All of the following are insurable risks EXCEPT
A: Lack of customers
B: A Flood
C: Poor management
D: Unproductive employees
A mix of shredded tobacco with honey or molasses and dried fruit is used for which tobacco product?
Shisha tobacco is a moist blend of shredded tobacco, molasses or honey, and dried fruit or fruit pulp. Shisha is often used interchangeably with hookah however shisha is the tobacco blend while hookah is the water pipe used to smoke the shisha.
A suffix is added to the ______ of a word to alter its meaning. A. end B. beginning C. middle D. none of the above
Which kind of unemployment would be easiest to tolerate?
Final answer:
There are three types of unemployment: cyclical, frictional, and structural. Cyclical unemployment occurs during economic downturns, frictional unemployment involves people searching for new jobs, and structural unemployment is caused by a mismatch between skills and job opportunities. The desirability of each type depends on the context.
Explanation:
There are different types of unemployment, each with its own characteristics and impact. The three main types of unemployment are cyclical, frictional, and structural unemployment.
Cyclical unemployment: This type of unemployment is caused by downturns in the business cycle, such as recessions. It is temporary and occurs when there is a lack of demand for goods and services, leading to layoffs. For example, the landscapers and coal miners laid off during a recession experience cyclical unemployment.
Frictional unemployment: Frictional unemployment occurs when people are in-between jobs or searching for new job opportunities. It is temporary and can happen even in a healthy economy. An example of frictional unemployment is the financial analyst who quits their job in Chicago and is pursuing similar work in Arizona.
Structural unemployment: Structural unemployment is caused by a mismatch between the skills and qualifications of workers and the available job opportunities. It is usually long-term and can occur due to technological advancements or changes in the structure of the economy. The printers laid off due to the shift to online advertising and the factory workers laid off as plants move to other countries experience structural unemployment.
The desirability or undesirability of each type of unemployment depends on the context and perspective. Cyclical unemployment is generally considered undesirable as it reflects a downturn in the economy. Frictional unemployment is seen as a normal part of the job market and can be seen as a positive sign of workers searching for better opportunities. Structural unemployment can be undesirable as it often leads to long-term job loss and requires policy interventions to address.
Which term identifies the occurrence of the system denying access to someone who is actually authorized?
A sailboat cost $35000. you pay 20% down and amortize the rest with equal monthly payments over a 12 year period. if you must pay 8.75% compounded monthly. what is your monthly payment
When Lisa purchased her house, the mortgage lender required her homeowner's insurance to cover 100% of the loan amount. After many years, Lisa paid off her mortgage. If Lisa decided to comparison shop for homeowner's insurance now, what should the insurance coverage amount be based on…
Steve has a new job as a data warehouse specialist. he has attended formal classes at the local university and informal classes provided by his employer in order to learn the skills required by his new job. steve also has learned job skills by performing them during the workday. steve has experienced a(n) ________
Justin, a human resources manager for xyz company, commits 20% of this year's budget to develop a new program for valuing diversity in the company. he is acting in the ___ role
Justin is acting in a leadership role by committing a portion of his budget to valuing diversity, indicating an understanding that successful diversity management is a collective responsibility, not just HR's duty.
Justin, a human resources manager for XYZ company, commits 20% of this year's budget to develop a new program for valuing diversity in the company. He is acting in the leadership role. By allocating resources towards diversity initiatives, Justin demonstrates an understanding that in successful companies, diversity management is everyone's responsibility, and not solely the job of the HR department.
It underscores the idea that to create an inclusive culture, managers must be proactive and the organization must have a strong culture where shared values, loyalty, and team performance allow employees from vastly different demographics and backgrounds to feel a sense of belonging. Effective diversity training programs can only be successful if they are integrated into the organization's culture and are supported by the commitment from all levels of management, just as companies like UPS have demonstrated by not isolating diversity to a single diversity officer's role.
What are the three general sources from which marketers can obtain information?
The three general sources that will make marketers obtain information they needed are the following;
- Market research
- Internal databases
- Competitive marketing intelligence
These are the sources that they need to obtain in order to gain the needed information they need and to know what are the things they need to develop.
The three general sources for marketers to obtain information are internal data, market research, and competitive intelligence. Each provides unique insights which, when combined, allow for comprehensive market understanding and strategic planning.
Explanation:The three general sources from which marketers can obtain information are the internal data, market research, and competitive intelligence.
Internal data includes information that is collected from within the organization such as sales records, customer databases, and performance reports. Market research involves the process of gathering information about the consumer's needs and preferences.
It can be collected through surveys, interviews, observations, and online monitoring. Competitive intelligence involves gathering, analysing, and applying information about products, domain constituents, customers, and competitors for short and long-term strategy planning.
Such information can be gained from public sources, such as news articles, public filings, job listings, and changes in management or production.
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The company incurred operating expenses of $19,400. of these expenses, $13,600 were paid in cash; $5,800 was still owed on account at year-end. in addition, wildhorse prepaid $2,680 for insurance coverage that would not be used until the second year of operations. (a) calculate the first year’s net earnings under the cash basis of accounting, and the first year’s net earnings under the accrual basis of accounting.
Owen inc. has a current stock price of $15.00 and is expected to pay a $0.80 dividend in one year. if owen's equity cost of capital is 12%, what price would its stock be expected to sell for immediately after it pays the dividend?
As it is known that future cash flows are risky in nature so it is not possible to discount them at risk free rate. So investor must discount the future cash flows based on the equity cost of capital. It is the expected return of the other investments available in the market with same kind of risk to the firm’s share.
Price of the stock can be found by using the cost of equity equation which is as follows:
Po = Div_1 + P_1 / 1 + r_E
$15 = 0.8 + X / 1.12
X = $16
So the expected selling price of the stock is $16.00
References are typically included on a résumé. Please select the best answer from the choices provided T F
Answer:
False
Explanation:
Your Welcome
Bairn sells the bowls and plates he makes on his pottery wheel. in which career does he work?
Answer:
fine arts
Explanation:
Bairn sells the bowls and plates he makes on his pottery wheel. The career he works in is fine arts. Thus option D is correct.
What is a Career?A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achive the goals of life.
The fine arts commonly referred to as the performing and visual arts are distinctive and significant in the curriculum of schools. To Learn the essential abilities needed for a fine artist to thrive, including realistic sketching and the capacity to create lifelike sketches based on actual events.
The study and development of artistic endeavors are emphasized in fine arts, which has an interdisciplinary orientation. In the visual arts, multimedia, and design fields, it creates a broad base of both practical and conceptual skills.
Therefore, option D is appropriate.
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The complete question is Probably
Bairn sells the bowls and plates he makes on his pottery wheel. In which career does he work? multimedia design animation commercial art fine arts
The lengthy process by which a job is examined in detail in order to identify the skills, knowledge and behaviors necessary to perform the job is known as a
How can you help stay motivated to continue working out after p.e. ends?
Answer:
all of the above
Explanation:
Is it acceptable for a food handler to rinse hands in the sanitizing compartment of the three compartment sink?
No, it's not acceptable for a food handler to rinse hands in the sanitizing compartment of a sink. Proper handwashing separate from sanitization of cooking tools and utensils is important for public health.
Explanation:No, it is not acceptable for a food handler to rinse hands in the sanitizing compartment of the three-compartment sink. The main purpose of these sinks is to wash, rinse, and sanitize utensils or dishes, not for handwashing. Handwashing is a critical aspect of public health and should always be conducted in a designated sink, using soap, and following a recommended process.
The Centers for Disease Control and Prevention (CDC) outlines specific scenarios for when to wash hands. In a food handling context, hands should be washed before, during and after handling food. Sanitization, on the other hand, refers to reducing microbes on inanimate surfaces to safe levels to maintain public health. This does not replace the need for proper handwashing.
Food handlers should wash their hands under running water, scrub with soap for at least 20 seconds, rinse well, and then dry their hands with a clean towel or air dry them.
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The 1986 japanese release of legend of zelda introduced ________, the concept that players could go wherever they wanted and there were multiple routes to winning.
A non-linear game is a game that can be completed taking different approaches and routes in contrast to a linear game which has always a fixed path of sequences. Zelda is considered for many as the founder of the non-linear genre known these days as sandbox.
What makes e-mail different from other forms of business communication?
Final answer:
E-mail differs from other business communications due to its flexibility, informal-formal balance, and ability to immediately share information. As a representation of the individual and the company, business e-mails must display professionalism, attention to detail, and appropriate formality. It is a dominant form of interaction in the modern workplace, underscoring the importance of e-mail communication skills.
Explanation:
What makes e-mail different from other forms of business communication is its versatility and the formal-informal dichotomy it represents. Unlike traditional print hard copy letters or memos, e-mail has the capability of sending both short routine and lengthy formal messages. It has replaced many traditional forms of business communication for both external and internal correspondence due to its efficiency and ability to facilitate immediate exchange of information. E-mail can also be accessed through various devices, making it highly convenient.
However, e-mail in a business setting must be approached with caution. It should reflect professionalism and respect, as it serves as a representation of you and your company. Crafting effective business e-mails requires attention to vocabulary, organization, tone, and awareness that any message could be forwarded to a third party or become part of a permanent record due to electronic storage. Additionally, with e-mails being utilized for critical correspondence and document transmittal, professionalism has become even more vital.
Despite the casual perception associated with e-mail communication, it is imperative to remember that business e-mails require a professional tone and adherence to business standards. Effective communication through e-mail is a crucial skill in the modern business environment, where e-mail is a dominant form of interaction, often seen as the most versatile communication channel in the workplace.