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Maru [420]
2 years ago
8

Tyree is starting a new project and wants an advisory board, as this project will affect many people and hearing the opinions of

others will be beneficial. As he sits down to consider who should be on the board, he lists many organizations, both civic and private. He wants to be sure to include the institutions of higher education so that they can be informed of the type of employees he will need in the future. Tyree wants to be careful to not forget private citizens so that this project will not end up causing a political debate and being shut down before it even starts. When he looks at his list, he has over 40 people on it. He decides that is a good enough number and he is ready to start sending out the invitations to the first meeting. Tyree’s partner advises him with which of these following statements?
A. In general, the larger the group, the lower the quality of their decisions.

B. In general, the larger the group, the higher the quality of their decisions.

C. In general, the larger the group, the faster they make decisions.

D. In general, the larger the group, the faster they come to a consensus.

E. In general, the larger the group, the more knowledge, so the better the decisions.
Business
1 answer:
alex41 [277]2 years ago
8 0

Answer:

E. In general, the larger the group, the more knowledge, so the better the decisions.

Explanation:

The type of "decision-making strategy" that a person chooses will largely depend on every circumstance. In the situation above, Tyree's partner advises him that the "the larger the group, the more knowledge" they can get so "the better the decisions."

This is true when the large group comprises of different kinds of members. In Tyree's case, his group consist of many kinds of people coming from both the <em>civi</em>c and<em> private organizations.</em> Although this is time-consuming, the group's different views and interests will be considered. This increases the knowledge of every member, thereby contributing to <u>better decisions.</u>

So, this explains the answer.

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Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master​ bud
Jlenok [28]

Answer:

Budgeted Operating expense= $505,375

Explanation:

Giving the following information:

Operating Expenses Variable Operating Costs ​$.75 per unit sold

Fixed Operating Costs ​$475,000

Other​ Info: Units sold in 2016 ​40,500

To determine the budgeted operating expense, we need to use the following formula:

Operating expense= total fixed operating expense + total variable operating expense

Operating expense= 475,000 + 0.75*40,500= $505,375

8 0
2 years ago
Regan company operates its factory on a two-shift basis and pays a late-shift differential of 15%. regan also pays a premium of
victus00 [196]
The <span>amount of direct labor should Regan charge to work-in-process is the wages at base direct-labor rates, which is $325,000.00.  Shift Differentials and Overtime Premiums are not included,</span>
3 0
2 years ago
Relevant financial information for Gordon, Inc. andJordan, Inc. for the current year is provided below. ($ in millions) Net sale
Yakvenalex [24]

Answer:

C) Return on Assets is 7.8% for Gordon and 6.2% for Jordan. Thus, Gordon is more profitable than Jordan

Explanation:

please find attached a clear image of the table used in answering this question

Return on assets = net income / average total assets

average total assets = (beginning assets  + ending asset) / 2

for gordon

average total assets = (1420 + 1600) / 2 = 1510

ROA = 118 / 1510 = 0.078146 = 7.8%

For Jordan,

average total assets = (2,230 + 2,020) / 2 = 2125

ROA = 132 /  2125 = 0.062118 = 6.2118%

The ROA figure shows how well a company converts assets into net income. The higher the ROA number, the better as it means the firm earns  more money on less investment

3 0
2 years ago
Imagine you've just gotten the first glimpse at your upcoming report card or transcript. 1. What are your steps for reviewing it
ludmilkaskok [199]

Answer:

Steps to Reviewing it:

  1. Look for the unweighted and Total GPA
  2. Look at the individual grades for the various subjects by semester then by GP.
  3. Look at the explanation of marks
  4. Finally look at the comments made on the report

Sections drawn to:

  • Total GPA
  • Grades in certain courses such as Computer Science, Commerce and Chemistry.
  • Comments from teachers

Important to me

  • That I pass all my subjects as much as possible and cause my teachers less grief.

Important to my parents

  • That I pass all my subjects by the best margins possible.

Actions if something looks wrong:

  • Investigate on my own first for instance, if a grade is not what it should be, go through term papers and be sure of the results.
  • Go to relevant authority to complain.
4 0
1 year ago
Lou Ling, owner of Lou’s Lube, estimates that he will need $70,000 for new equipment in 7 years. Lou decided to put aside money
igor_vitrenko [27]

Answer:

The principal amount to be to be invested=$46,613.95

Explanation:

The total amount that Lou needs to invest with Reel bank in order to have for new equipment in 7 years is known as the principal amount.

The formula for calculating total amount on investment compounded quarterly;

A=P(1+r/n)^nt

A = the future value of the investment, including the interest

P = the initial investment amount

r = the annual interest rate

n = the number of times that interest is compounded per unit t

t = the time the money is invested or borrowed for

For our case;

A=$70,000

P=p

r=6/100=0.06

n=compounded quarterly=4

t=7 years

replacing;

70,000=p(1+0.06/4)^(4×7)

70,000=p(1.015)^28

70,000=1.517 p

1.517 p=70,000

p=70,000/1.517

p=46,613.95

The principal amount to be to be invested=$46,613.95

5 0
2 years ago
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