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Margaret [11]
2 years ago
7

Nicholas, a longtime hotel manager for Wyndham, was meeting with Sophie, a regional manager, and telling her about his recent de

cision not to fire a front desk employee about whom several guests had complained. Nicholas discussed the four stages of the decision process. He said, "I first identified the problem, and then I gathered alternative solutions. I evaluated each choice and selected a solution. I then implemented my decision to not fire the employee but instead to provide him with additional training. Finally, I followed up with an evaluation of the solution I’d chosen." Nicholas is using the ______ process.
Business
2 answers:
timama [110]2 years ago
8 0

Answer:

The correct answer is: rational decision-making model

Explanation:

In the world of management and leadership, decision making is one of the most common, most demanding processes that have a high level of importance to determine the direction of organizations and determine how the processes that will guide the necessary activities will be to meet the objectives set.

Decision-making is fundamentally a choice between different alternatives to solve a problem in the most efficient way possible, but it cannot be taken lightly, so there are several methodologies and several types of decision-making, in this article we will discuss a bit about the "Rational model of decision making".

This model proposed by Herbert Simon is mainly characterized by the use of critical thinking to make decisions within organizations, equally applicable to everyday life. The rational model is simply to evaluate as objectively and sensibly different alternatives, with varied scenarios, causes and future results.

Rzqust [24]2 years ago
7 0

Nicolas is using 'Rational decision making' process.

<u>Explanation: </u>

Rational decision-making is a dual-step process of selecting alternative solutions. The logical decision-making process encourages reasoning, impartiality, and consideration of subjectivity and experience. In this case, the term "fair" doesn't in the philosophical sense imply sound or clear-headed.

This model prefers objective information and a systematic theoretical method on subjectivity and emotion. This model suggests that the choice-maker is well and clearly educated about options, as well as the need to determine every choice against another.

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Blair Housewares wants to add new products to its existing line of products. Managers are correct in believing that the purpose
Zinaida [17]

Answer:

False

Explanation:

The general purpose of idea generation is to come up with the largest amount of possible ideas, it doesn't matter how crazy they might seem.

The purpose of succeeding stages will be to funnel the ideas and only work and develop the most promising ones.

3 0
2 years ago
Fedex developed a 12-item statistical service quality indicator to measure customer satisfaction and service quality. the index
nikitadnepr [17]

Answer:

The correct option is B: Gap 2

Explanation:

The gaps model of service quality, which is also referred to as the 5 gaps model is a vital framework used by organization to ensure customer satisfaction. The Gap 2 model is normally between the perception of the management and what the actual experience of the customer is. In the Gap 2, managers always ensure that organization are delivering and defining the level of quality service they need. From the question Fedex is dealing with actual customer-defined performance standards and this indicates that they are a closing provider of the gap 2 of the gaps model of service quality.

8 0
2 years ago
The Digby company will sell 100 units (x1000) of capacity from their Drat product line. Each unit of capacity is worth $6 plus $
Y_Kistochka [10]

Answer:

The question is not complete, find the below complete question:

The Chester company will sell 100 units (x1000) of capacity from their Cat product line. Each unit of capacity is worth $6 plus $4 per automation rating. The Chester company will sell the capacity for 35% off. How much do they receive when the capacity is sold? Note: Automation rating is 7.0 per unit of capacity.

a) $1,870,000

b) $1,190,000

c) $2,210,000

d) $3,400,000

The correct option is C,$2,210,000

Explanation:

Th price per unit =$6+($4*automating rate) as given in the question

the price per unit=$6+($4*7)

                            =$6+$28

                            =$34

The actual worth of capacity =price per unit*number of units

number of units is 100,000

price per unit is $34

actual worth of capacity=$34*100,000

                                      =$3,400,000

Actual amount received=$3,400,000*(1-0.35)

                                       =$2,210,000.00  

The amount of received is $2,210,000

8 0
2 years ago
Read 2 more answers
3. Assuming the same sales mix, at what total sales level would Pure Water be indifferent between using the old equipment and bu
Nesterboy [21]

Answer:

The question is not complete. I want to assume the correct question is this:

Crystal Clear Products produces two types of water filters. One attaches to the faucet and cleans all water that passes through the faucet. The other is a pitcher cume filter that only purifies water meant for drinking.  The unit that attaches to the faucet is sold for $90 and has variable costs of $25. The pitcher-cume-filter sells for $110 and has variable costs of $20. Crystal Clear sells two faucet models for every three pitchers sold. Fixed costs equal $1,200,000.

Assuming the same sales mix, at what total sales level would Crystal Clear be indifferent between using the old equipment and buying the new production equipment? If total sales are expected to be 24,000 units, should Crystal Clear buy the new production equipment?

Explanation:

Let b be the total sales volume at which the company's indifference is based

Let the average contribution in the old system be $80

The profit will be 80b - 1200000

Let the average contribution in the new syste, be $88

The profit will be 88b - 1408000

Now let us equate the two average contributions to get:

80b - 1200000 = 88b - 1408000

Let us find b,

88b - 80b -1408000 = -1200000

8b = -1200000 + 1408000

8b = 208000

b = 208000 / 8 = 26000 units

If total sales are expected to be 24,000 units, and the total sales volume at which the company's indifference is based 26,000 units, therefore Crystal Clear should not buy the new production equipment.

5 0
2 years ago
Garcia Co. owns equipment that cost $76,800, with accumulated depreciation of $40,800. Garcia sells the equipment for cash. Reco
ZanzabumX [31]

Answer:

1.

Debit Cash $47,000

Debit Accumulated depreciation account  $40,800

Credit Gain on asset disposal  $11,000

Credit Equipment asset $76,800

2.

Debit Cash $36,000

Debit Accumulated depreciation account  $40,800

Credit Equipment asset $76,800

3.

Debit Cash $31,000

Debit Accumulated depreciation account  $40,800

Debit Loss on asset disposal  $5,000

Credit Equipment asset $76,800

Explanation:

To recognize gain or loss on the sale of the equipment:

First, the company calculates the carrying amount of the equipment by using the original cost of the asset, minus accumulated depreciation.

Then, subtract this carrying amount from the sale price of the equipment. If the remainder is positive, it is a gain and if the remainder is negative, it is a loss .

In Garcia Co., the carrying amount of the equipment = $76,800 - $40,800 = $36,000

1. Garcia sells the equipment for $47,000 cash

Sale price - Carrying amount of the equipment = $47,000 - $36,000 = $11,000>0

The company records gain by entry:

Debit Cash $47,000

Debit Accumulated depreciation account  $40,800

Credit Gain on asset disposal  $11,000

Credit Equipment asset $76,800

2.  Garcia sells the equipment for $36,000 cash

Sale price - Carrying amount of the equipment = $36,000 - $36,000 = 0

The entry to record the sale:

Debit Cash $36,000

Debit Accumulated depreciation account  $40,800

Credit Equipment asset $76,800

3. Garcia sells the equipment for $31,000 cash

Sale price - Carrying amount of the equipment = $31,000 - $36,000 = -$5,000 <0

The company records loss of the sales by entry:

Debit Cash $31,000

Debit Accumulated depreciation account  $40,800

Debit Loss on asset disposal  $5,000

Credit Equipment asset $76,800

8 0
2 years ago
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