Suppose that Markus Braun was trying to decide where he should open businesses next. He wants to make a rational decision. What should be his first step in making that decision?

a . Define the problem.
b. Generate alternative courses of action.
c, dentify criteria for judging the decision.
d. Compute the optimal decision.

Answers

Answer 1

Markus Braun's first step in making a rational decision is a. Define the problem.

The definition of the problem of where to open businesses will enable Markus to:

Establish critical decision criteria that will be used to adjudge the different choices.

Ascertain and evaluate the optimal locations that will meet his investment requirements.

Six decision-making processes identified for achieving satisfactory outcomes include:

Step 1 is the Identification of the Problem Step 2 is the Establishment of the Decision Criteria Step 3 is the Weighing of the Decision Criteria Step 4 is the Generation or Identification of Alternatives Step 5 is the Evaluation of Alternatives Step 6 is the Selection of the Best Alternative

Thus, wherever these processes are followed, the probability of achieving favorable outcomes become higher.

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Related Questions

Discuss 6 reason why banks fail in Ghana and proffer solution to reduce banking sector from these 6 cancerous roots in your opinion​

Answers

Various reasons have been found as the source of bank failure in Ghana; 6 reasons among these several reasons include Lack of corporate governance and Bad loans.

Other reasons why banks fail in Ghana include the following:

Inefficient regulatory practicesFake licenses processLow capital basePoor credit risk.

The solution to restoring the banking sector from these six cancerous roots are following:

The Central Bank of Ghana should ensure all the banks in Ghana have a specific amount of capital to run their banking services to avoid undercapitalization.

All the banks should ensure they carry out a necessary credit risk analysis before discharging credit to customers.

The Central Bank of Ghana should make the licensing process open and fair while putting heavy sanctions on banks with fake licenses.

The Central Bank of Ghana should also check the bank operations report periodically to know if they are working under established standards.

All the Banks in Ghana should be encouraged and mandated to operate based on established corporate standards.

Banks in Ghana should always access the loan or lending operations to manage their capital very well.

Hence, in this case, the Bank's failure in Ghana can be redeemed if the proper strategies are in place.

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how should telcom expand taking over a phone manufacturer or a chain of shops selling mobile phones

Answers

Answer:

expenses already strain their profit margin most operator's can't afford to shoulder the further financial burden of improving smartphone affordability for consumers.

The following entries appear in a cash account in March. $ Payments by customers 15,000 Rents received 250 Insurance paid 150 Drawings 700 Capital paid in 2,000 The balance at 1st March was $2,000 (in hand) what was the closing balance at 31st March? ​

Answers

Answer:

ejvjnwkjvnjn

Explanation:

baxcjnsldkv

the closing balance is 24,768

7. Valuing semiannual coupon bonds Bonds often pay a coupon twice a year. For the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. Using the values of cash flows and number of periods, the valuation model is adjusted accordingly. Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 9.90%. Using this information and ignoring the other costs involved, calculate the value of the Treasury note: $849,059.88 $721,700.90 $534,907.72 $1,018,871.86 Based on your calculations and understanding of semiannual coupon bonds, complete the following statement: The T-note described in this problem is selling at a .

Answers

The value of the Treasury note is $849,059.88 and this is selling at a discount.

The value of a treasury note depends on different factors such as:

The initial valueThe coupon rateThe value of the yield to maturity

Considering these aspects, let's calculate the value of the treasury note

Initial value: $1,000,000

$1,000,000 x 6% (coupon rate) =  $60,000

$60,000 / 2 (the coupon pays twice a year) = $30,000 - This value refers to the payment per period

Let's consider now the number of periods and the yield to maturity

Number of periods: 5 x 2 (the number of periods double) = 10 periods

Yield to maturity or rate: 9.90% / 2 (cash flow decreases by half) = 4.95%

Finally, you can use the PV formula to calculate the value:

PV (4.95%,10,-30000,-1000000) - This part is done in excel program as the original formula is quite complex

PV =$849,059.88

Based on this, the value of the note is $849,059.88, and you can conclude this is selling at a discount because this value is lower than the initial value of 1,000,000.

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If a stadium increases its profit margin from $250,000 to $575,000, what is the percentage increase in profit margin?

Answers

Answer:

250,000x575,000 a percentage is 1 thusand

The percentage increase in profit margin would be : 57%

First, we'll get increase in the profit

= $575,000 - $250,000

= $325,000

Then, the percentage increase in profit margin

= $325,000 / $575,000 * 100

= 0.57 * 100

= 57%

Hence, the percentage increase in profit margin would be 57%.

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Who can check your credit score?

Answers

Current or potential creditors — like credit card issuers, auto lenders, and mortgage lenders — can pull your credit score and report to determine creditworthiness as well. Credit history is a major factor in determining (a) whether to give you a loan or credit card, and (b) the terms of that loan or credit card.

Hope this helps you!

Today is Jerry's first day at his new job as a cashier at the local grocery store. When he arrives in the morning one of his new colleagues explains that Jerry will spend some time watching his colleague use the cash register while the colleague explains what he is doing. Then, after break time, it will be Jerry's turn to start acting as cashier, with his colleague right next to him to show him how to use the machine properly and conduct transactions with customers. Once he feels confident and learns this new skill, Jerry will be able to operate the cash register on his own. This is an example of:

Answers

Since today is Jerry's first day as a cashier at the grocery store and he is spending some hours observing another colleague, the use of the cash register, Jerry is receiving an example of on-the-job training.

An on-the-job training exposes the recruit to the tools, processes, and environment of the job.

An on-the-job training involves initial observation of another colleague doing the job, receiving instructions from supervisors, and practical experience.

Observation helps the recruit to see how the job is done and to ask questions for clarifications. Instructions are given so that the recruit understands the entity's practices and procedures. The hands-on experience enables the recruit to start doing the tasks involved in the job.

Thus, on-the-job training is an aspect of Human Resources Management that helps Jerry to acquire competences and skills to carry out the cashier job at the grocery store.

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Which of the following characterize a manager as being efficient?

Answers

Explanation:

They use a minimum amount of resources for the amount of outputs produced.

Mark the types of businesses that are most likely to need
personal liability protection for their owners. (Select five
answers.).
Driver's education classes
A dressmaker
A children's daycare center
Skiing lessons
Web design service
Cleaning service
An in-home nurse
A bakery
Graphic design service
A jewelry maker

Answers

Answer:

Driver's education classes, a children's daycare center, skiing lessons, an in-home nurse, and a bakery are more likely to need personal liability protection for their owners.

Explanation:

Those are business types that put people's health and safety at risks.

Which of the following is a strategy that may be used to gain financial success?
1_ buy what you want
2_ignore risks
3_make a financial plan
4_borrow money for fun

Answers

3- make a financial plan

how will you try overcoming the lower price offer by a competitor?

Answers

Answer:

Argue that you are better in every way you can.

Explanation:

hope this helps!

Summarize red lines and reverse red lining and why they are unethical lending practices

Answers

Answer:

3 For example, redlining has been used to describe discriminatory practices by retailers, both brick-and-mortar and online. Reverse redlining is the practice of targeting neighborhoods (mostly non-white) for higher prices or lending on unfair terms such as predatory lending of subprime mortgages. A 2017 study by Federal Reserve Bank of Chicago economists found that redlining—the practice whereby banks discriminated against the inhabitants of certain neighborhoods—had a persistent adverse impact on the neighborhoods, with redlining affecting homeownership rates, home values and credit scores in 2010.

Eggs, toilet paper, and candy bars are examples of __________.
A.
Specialty goods
B.
Convenience goods
C.
Shopping goods
D.
Unsought goods

Answers

Answer:

I think c

Explanation:

u can get it all from a store

Answer:

B. Convenience goods

Explanation:

Edge 2021

Which two are segments in a Marketing Plan? (Choose two)

Demographic


Psychographic


Income


Loyalty

Answers

The two segments that are part of a Marketing Plan are: A. Demographic and B. Psychographic segments.

A marketing plan details a company's target market, the brand's value proposition, the marketing campaigns, and the evaluation metrics for assessing if marketing initiatives are effective and inefficient.

In the marketing plan, the target market is usually segmented to enable the marketing efforts to yield good results.

The four major segments are:

DemographicPsychographicGeographicBehavioral.

The "demographic" segment classifies the target market based on age, gender, or race.  On the hand, "psychographic" segmentation dwells on consumers' activities, interests, and opinions, which go beyond the demographic classification.

Thus, the two segments that are part of the Marketing Plan are demographic and psychographic, while income and loyalty are ingredients in the segments.

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Answer: Demographic

Psychographic

Explanation:

Julio does not specialize in a particular function; instead, he provides overall guidance and leadership for the company. Julio is an administrative or ____ manager.

What is the answer to this?

Answers

Considering the description in the question above, Julio is an administrative or General Manager.

This is based on the idea that a General Manager is someone or an individual who takes an executive role in a firm or organization.

The role of a General Manager covers the activities of controlling all the income and expenditure of the firm.

A General Manager has no specific role, unlike other employees. He serves to provide leadership, set goals, and help guide the firm to achieve its missions and vision.

Hence, in this case, it is concluded that Julio is a General Manager.

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A hair salon acquired 100 new customers last year. Cost in the marketing and sales were as follows:



Marketing Costs = $ 1,000

Sales Costs = $ 10,000

Salaries = $ 96,000



What was the customer acquisition cost?

Answers

If a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs  $1,000, Sales Costs $10,000  and Salaries $96,000.What the customer acquisition cost will be is $1,070

Using this formula

Customer acquisition cost=Sales costs+ Marketing costs +Salaries ÷ Number of customers acquired

Where:

Marketing Costs =$1,000

Sales Costs = $10,000

Salaries = $96,000

Number of customers acquired=100

Let plug in the formula

Customer acquisition cost=$1,000+$10,000+$96,000÷100

Customer acquisition cost=$107,000÷100

Customer acquisition cost=$1,070

Inconclusion if a hair salon acquired 100 new customers last year. Cost in the marketing and sales were are marketing Costs $1,000, Sales Costs $10,000  and Salaries $ 96,000. What the customer acquisition cost will be is $1,070

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Answer:

The answer is $10 dollars

Explanation:

I took a test and got it right

Jamal is creating a four-fold brochure about the parts of a business including production, finance, marketing, and customer service. If he only wants to highlight the key aspects of each part with several bullet points, what information should he include? Briefly explain why you feel this is the most important information about each part of a business.

Answers

If Jamal is creating a four-fold brochure about the parts of a business including production, finance, marketing, and customer service If he only wants to highlight the key aspects of each part with several bullet points, the information  he should  include will be:

Jamal should carry out adequate and accurate research concerning the vital information that should be included  in the brochure.

The information that he should include in his brochure should be:

He should include relevant information that the customers need in the brochure.

He should show professionalism or he should show how professional he his when it has to to with his business.

He should highlight the most important aspect of the business such as the company products and services.

He shown reveal the purpose and objective of the business including what the business stand for.

The reason why i feel this is the most important information about each part of a business is because it will enables people to know that he is good at what he does  which will in turn help to promote the business.

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what are the various level of professions​

Answers

Answer:

Entry-level. Intermediate. Mid-level. Senior or executive-level.

Answer

Basic level.

Basic level.Medium level.

Basic level.Medium level.High level.

What leadership styles would you use to describe Carlos Slim Helu?

Answers

Answer:  autocratic

Explanation:

Carlos Slim's leadership style is autocratic since he centralizes the high level decisions, pedantically oversees his investments, and assumes responsibilities for his actions. . His style mechanics differentiate from most CEO's due the number of companies he runs and the variety of industries

Answer:

the  leadership style is autocratic

Explanation:

since he incorporates high-level decisions, meticulously supervises his businesses, and accepts responsibility for his actions.

Describe at least four ways you can take money out of a checking account. (1-4 sentences. 2.0 points)

Answers

List four ways Heidi can withdraw money from her checking account. Heidi can write a check, use an ATM, fill out a withdrawal slip and take it into the bank, or use online banking to transfer money to another account.

Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $258,750 in the Molding department and $218,750 in the Trimming department. The company budgets 16,000 machine hours (MH) in Molding and 25,000 direct labor hours (DLH) in Trimming. Actual production information follows. Number of Units Molding Department Trimming Department Hours per Unit Total Hours Hours per Unit Total Hours Part Z 3,000 2.0 MH per unit 6,000 MH 3 DLH per unit 9,000 DLH Part X 4,000 2.5 MH per unit 10,000 MH 4 DLH per unit 16,000 DLH Totals 16,000 MH 25,000 DLH Required: 1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours. 2. Determine the overhead cost per unit for each part using the departmental rates.

Answers

1 a. Departmental overhead rate for the Molding Department based on machine hours = $16.17 ($258,750/16,000)

1 b. Departmental overhead rate for the Trimming Department based on direct labor hours = $8.75 ($218,750/25,000)

2. Overhead cost per unit for each part based on departmental rates:

                                           Part Z                           Part X

Molding department        $32.34 ($16.17 x 2)       $40.43 ($16.17 x 2.5 MH)

Trimming department     $26.25 ($8.75 x 3)        $35.00 ($8.75 x 4)

Overhead cost per unit  $58.59                          $75.43

Data and Calculations:

                                                Molding       Trimming

Budgeted overhead cost     $258,750      $218,750

Budgeted machine hours         16,000         25,000

Actual Production:

              Molding Department                     Trimming Department

               Hours      Units   Total Hours    Hours      Units    Total Hours  

             per Unit                                      per Unit

Part Z    2.0 MH    3,000    6,000 MH      3 DLH     3,000      9,000 DLH

Part X   2.5 MH    4,000   10,000 MH      4 DLH     4,000      16,000 DLH

Totals                                16,000 MH                                    25,000 DLH

Thus, the Overhead cost per unit for Part Z is $58.59 and for Part X is $75.43.

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5. If an office makes equipment available in all offices and to all departments, then the firm is
practicing centralization of office equipment.

True
False

Answers

True.......

plz mark me as brain list

The answer is true.

How does money function as a medium of exchange?
O A. It has a value that is set and changed by the government.
O B. It can be used to compare the value of different products.
C. It allows people to buy, sell, and trade goods efficiently.
D. It can be made of paper, metal, or many other materials.

Answers

Answer:

C. It allows people to buy, sell, and trade goods efficiently

Answer: C, it allows people to more easily buy and sell products

Explanation:

what is the best way to move up and down on your computer srceen?

Answers

Answer:

your scroll wheel or pg up or pg down button

Explanation:

I probably think the up ⬆️ and down ⬇️arrows or you can even use the mouse

According to the guidelines of good journalism, which of the following is correct:

O Her birthday is March 10
O Her birthday is Mar. 10
O Her birthday is march 10
O Her birthday is mar. 10

Answers

The first answer is correct

Answer:

Her birthday is March 10 plz Mark me as brainlliest

A client has several suppliers they purchase their materials from, and most of the suppliers require part or all payments to be made at the time of order. You advise your client to set up a Prepayments account that can be reconciled each month. How should this account be set up

Answers

Analyzing the above scenario, the customer should set up an asset account called prepayment, which is an item described in the balance sheet as a current asset and liability, as this will be a financial resource available for future use.

A prepayment asset account is therefore configured as an expense previously paid, but which has not yet occurred, being this a facility for companies to pay their suppliers at the time of the order in a previously scheduled manner.

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is Labor is a type of human resource.

Answers

yes! labor is a type of human resource.

Distinguish between financial and cost accounting.

Answers

Cost accounting compiles the cost of raw materials, work-in-process, and finished goods inventory, while financial accounting incorporates this information into its financial reports (primarily into the balance sheet). ... Financial accounting personnel issue reports only at the end of a reporting period.

EAR versus APR [LO4] Two banks in the area offer 30-year, $220,000 mortgages at 5.5 percent and charge a $3,500 loan application fee. However, the application fee charged by Insecurity Bank and Trust is refundable if the loan application is denied, whereas that charged by I.M. Greedy and Sons Mortgage Bank is not. The current disclosure law requires that any fees that will be refunded if the applicant is rejected be included in calculating the APR, but this is not required with non fundable fees (presumably because refundable fees are part of the loan rather than a fee). What are the EARs on these two loans? What are the APRs?

Answers

Answer:

application fee. However, the application fee charged by Insecurity Bank and Trust is refundable if the loan application is denied, whereas that charged by I.M. Greedy and Sons Mortgage Bank is not. The current disclosure law requires that any fees that will be refunded if the applicant is rejected be included in calculating the APR, but this is not required with non fundable fees (presumably because refundable fees are part of the loan rather than a fee). What are the EARs on these two loans? What are the APRs?

What is the collection of direct, non-advertising messages a company presents to the public about itself, its brand, and its products? A. Sales promotions B. Market research C. Direct marketing D. Public relations Please select the best answer from the choices provided A B C D

Answers

Answer:

Is a D. Public relations

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What did the acorn say when it grew up? commmonlit the 13th how does Angela's thoughts on luck change throughout the story PLLLLSSSS HURRY UP IM IN CLASS London lives 1200 meters south of Chick-fil-A and is thinking about going there for lunch. When she is ready to leave, she realizes she left her wallet at her Aunt's house. She walks 750 meters to her aunt's house and then 1000 meters to Chick-fil-A. It took her 30 minutes to get from her house to Chick-fil-A. What was her distance traveled? Y = 11x - 7, what is y when x = 4? 1 Write the equation Y = x - 7 X 7 What are the sources of petrochemicals Look at the figure below and calculate the length of side y.A. 8.5B. 1712yC. 6O D. 1245 HELP ME ASAP PLEASEEE Find the output, h, when the input, x, is 18.h=17+x/6 h= "Off there to the right somewhere is a large island," said Whitney. "It's rather a mystery""What island is it?" Rainsford asked."The old charts call it 'Ship-Trap Island,'" Whitney replied. "A suggestive name, isn't it? Sailors have a curious dread of the place. I don't know why. Some superstition""Can't see it," remarked Rainsford, trying to peer through the dank tropical night that was palpable as it pressed its thick warm blackness in upon the yacht."You've good eyes," said Whitney, with a laugh, "and I've seen you pick off a moose moving in the brown fall bush at four hundred yards, but even you can't see four miles or so through a moonless Caribbean night.""The Most Dangerous Game,"Richard ConnellWhat purposes does the dialogue serve? Check all that apply.to create a mysterious moodto show the locationto reveal that Rainsford is a hunterto explain what Whitney looks liketo show the time of day Tell me an operational definition for each underlined idea. You can do one, but the more you do the more points you get. Thank you!!! billy started a paper route with 21 customers. if he adds 3 new customers every week, how many weeks will it take to double the number of customers on his route. which enzyme is responsible for proofreading during replication? what are the consequences of greed An organism suffers damage from chemical exposure, causing a cell to increase the production of a protein that promotes cell division. This division is rapid and uncontrolled. How would this impact the organism?The organism would be able to heal minor injuries rapidly.The organism would be able to heal minor injuries rapidly.The organism would begin to develop cancerous masses.The organism would begin to develop cancerous masses.The organism would stop growing.The organism would stop growing.The organism would start to evolve.The organism would start to evolve. Compare and contrast Eubacteria and Archaebacteria. which of the following is most clearly an example of iambic pentameter?A. I have ever loved thee in a hundred forms and timesB. Twas the night before christmas, when all through the house C. But, soft! what light through yonder window breaks?D. Change it, sea, with your hundred winds [true or false] Libraries and schools are places where you may conduct formal research. compute (explanation would be helpful too) A swimming pool contains 3000 gallons of water pool is drained a rate of 100 gallons per minute write a rule for the amount of water in the pool one X minutes of gone by find the amount of water in the pool 130 minutes of I need help asaapppp