Classical model of decision-making

Assignment Help Business Management
Reference no: EM1333718

Q1) Which of the following costs would be relevant in short-term decision making?

a. incremental fixed costs
b. All costs or inventory
c. Total variable costs that are the same in the considered alternatives
d. costs of fixed assets to be used in the alternatives
e. opportunity costs that are the same in the considered alternatives.

Q2) What are the assumptions that underlie the classical model of decision-making and explain how this model would help to explain the behavior of a manager who was attempting to act consistently with this model in a realistic business situation of your choosing?

Reference no: EM1333718

Questions Cloud

Explain amazon case- strategic audit : Explain Amazon Case- Strategic Audit and The SWOT is the part that I really need explained, but please explain it all
Find out an article on decreased consumer spending : Find out an article on decreased consumer spending, list the name of the article and provide the link to it.
Process of employee orientation : What would need to be done regarding career development, work-life balance, compensation and benefits, employee retention and turnover, and labor-management relations
Computing annual interest rate compounded monthly : Jack has a balance of $1276.53 on a credit card with an annual percentage rate of 15.2%. Find out the amount applied to reduce the principal in this statement. Show work.
Classical model of decision-making : What are the assumptions that underlie the classical model of decision-making and explain how this model would help to explain the behavior of a manager.
Define a point made by a classmate : What rights to privacy do people have while using the Internet at home? Are their privacy rights limited? Do those same rights and limits exist at work? Explain your answer.
Discuss the pros and cons of free trade : Discuss the pros and cons of free trade
What are the major federal laws : What are the major federal laws regarding equal employment and How does your organization incorporate affirmative action into its recruiting strategy
Rights of terrorists : Do you believe that terrorists should have the same rights as ordinary prisoners in the American.

Reviews

Write a Review

Business Management Questions & Answers

  Most pragmatic reason for business

Perhaps the most pragmatic reason for business to be socially responsible is that assuming a social responsibility.

  Press release on ethics interest

Rejuvenation, Inc. is a company that manufactures and sells parts and fixtures for older homes. Much of its success stems from its reputation as a company with high moral values and a strong commitment to people and the planet.

  Ethics in accounting choices

What are the ethical considerations implied in rationale for Fillups decision? Discuss. Do you believe that an accounting alternative must be selected solely on the basis of financial statement effects? Explain.

  Case study on carolcon metals

Carolcon Metals in Minnesota is in trouble. For the past 5 years, they have been losing ground to the competition in an especially fierce industry. All competitors have moved mining and production facilities to countries with lower wages and fewer..

  Process skills necessary for consultant to facilitate change

Identify and describe the process skills necessary for the consultant to have to facilitate change. What will and will not work at Pegasus?

  Ethics of executive compensation

Do you think executives deserve to make around 200 times as much as average worker? Is it ethical for managers to take large pay increases while laying off employees and when giving them only small raises?

  Drucker-s discussion of generic vs. exceptional issues

Using Drucker's discussion of generic vs. exceptional issues, how would you categorize/analyze the Katrina disaster.

  Relationship of team effectiveness and servant leadership

What is the relationship between team effectiveness and servant leadership based on research.

  Discuss developing a hr strategy

Discuss the developing a HR strategy for a current or prospective company

  Solving cases of cheese

How many cases of cheese should Jason manufacture each month?

  Business ethics-crisis management

In your business experience, consider number of situations you've experienced where a crisis occurred. Reflect on the response process and whether all stakeholders were well served in a fair and ethical manner.

  Difference between a forensic accountant and an auditor

What is the difference between a forensic accountant and an auditor? What do they have in common and what do they do that is different from each other?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd