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Q: What two factors are important to making the principle of compounding work?
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Is Qualitative factors more important in business decision making as compared to quantitative factors?

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What is the principle of maximax of decision making?

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Principal of limiting factor in decision making?

what is the principle of limiting factor in decision making. The principle of the limiting factor states that by recognising and overcoming those factors that stand critically in the way of a goal, the best alternative course of action can be selected.


What core principle that serves as the foundation to good decision making?

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Say x squared is to y then you square y and keep doing this what is that called?

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Steps required in compounding a prescription?

Compounding a prescription for a small amount of prescribed medicine usually only occurs when it is a very specialized medication. There are several steps in compounding that include calculating the ingredients, gathering the proper ingredients, formulating the compound per the instructions of the doctor, labeling the medicine and making final preparations for the customer.


What is better for the consumer simple interest or compounded daily?

I'm thinking of bonds when answering this question. The more frequent the compounding the better it will be for the lender. The less frequent the compounding the better it will be for the borrower. Lets use this example: Interest = 10% Principle = $1000 Compounding A = Annually Compounding B = Quarterly Time period = 2 years A) At the end of the first year $100 in interest would have been made making the balance $1100. At the end of the second year $110 would be earned because of compounding and the balance would be $1210. B) At the end of the first year $103.81 in interest would have been earned with a ending balance of $1103.81. At the end of the second year the interest earned would be $114.59 and the ending balance would be $1218.40. What I showed here is that if you are the one receiving the interest you would prefer daily compounding. When you're paying out interest you would prefer simple interest.


What are the three primary factors that together influence the ethical decision-making process?

Religious beliefs are very important when it comes to ethical decision-making. Some other factors are the education received from the parents and school.


What are the public policy making factors?

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List out how the principles of psychology work?

The principle of perception: How individuals interpret and make sense of the world around them. The principle of learning: How behavior changes and adapts through experiences and interactions with the environment. The principle of motivation: The factors that drive and influence behavior and decision-making. The principle of memory: How information is encoded, stored, and retrieved in the brain. The principle of social influence: How individuals are affected by others and societal norms.


What is the first principle of the GASB?

To be objective and neutral in its decision making.