"I want to expand our social media presence, engaging our customers on their preferred platforms in a cost-effective manner. If

I use a rational decision-making process, what can I expect the outcome to be?" "The chances are high that your decision will be biased, especially because the current problem is complex and past patterns will be an inaccurate guide." "Your decision will be based primarily on your preconceptions about social media, what you learn about social media as you begin your research, and Mi Ola’s past experiences engaging with customers online." "You will rate all alternatives against known criteria and choose the course of action that will maximize return to the organization." "You will make a decision that is about 80 percent accurate, which is good enough to meet your objectives given the time and information at your disposal."

Business

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Organizations are open systems, and they are dependent on _____ from the outside world, such as raw materials, human resources,

arsen [3447]

Factors of production are inputs utilized to create goods or commodities. They include resources necessary for a business to generate profit by manufacturing products, categorized into four types: land, labor, capital, and entrepreneurship.

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2 months ago

Zing Inc. is a large fashion brand that manufactures clothing and shoes. The top managers of Zing have decided to use the profit

Nady [3600]

Answer:

resource allocation

Explanation:

Based on my findings on various business strategies, I can conclude that this scenario exemplifies the resource allocation aspect of a strategy. It represents how a company optimally uses its resources throughout the organization by identifying new opportunities for resources that have not been fully utilized. This is occurring here as funds that are currently underutilized are being redirected into the shoe business.

I trust this clarifies your question. Should you have further inquiries, feel free to ask.

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1 month ago

A corporation’s articles of incorporation can be changed relatively easily. True False

Scilla [3833]

The statement is false.

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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:Year C

marusya05 [3725]

Answer:

IRR = 14.96%

The project should be rejected, because the calculated internal rate of return falls short of the required return (14.96% < 16%).

Explanation:

The internal rate of return (IRR) is an essential calculation in capital budgeting for assessing potential investment profitability. The IRR rule guides whether to pursue a project or investment, stipulating that if the IRR exceeds the minimum required return, the project should be accepted. Conversely, if it’s lower than the cost of capital or the requisite return, the project should be turned down.

The formula used is as follows:

$0 = (initial investment x -1) + CF1 / (1 + IRR) ^ 1 + CF2 / (1 + IRR) ^ 2 +... + CFX / (1 + IRR) ^ X

Initial Investment = Total initial investment costs year x-1

CFx = Cash Flow during period X

IRR = Internal rate of return

Due to the nature of the IRR formula, it cannot be computed analytically; it must be derived through trial and error or via specialized software for IRR calculation.

In this instance:

IRR = -27200 + 11200 / (1 + IRR) ^ 1 + 14200 / (1 + IRR) ^ 2 + 10200 / (1 + IRR) ^ 3

IRR = 14.96%

The company should not proceed with the investment, as the calculated IRR is less than what is required (14.96% < 16%).

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Why can the big candy makers produce candy that is less expensive per price?

Katen [3525]

Since many individuals purchase their items, they can generate enough revenue to remain profitable, even while offering lower prices.

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