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What is the process fo implementing a systematic plan to make informed consumer decisions based upon specified needs and wants for maximizing personal satisfaction called?
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∙ 14y ago
Rationality
Wiki User
∙ 14y ago
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Why is the goal of financial management to maximize the current share price of the company's stock instead of maximizing the future share price?
The question is misleading. In fact the goal of financial management is to maximize future share prices. Current share prices are a reflection of past financial decisions. David
What pair of words best describes the purpose of using cost benefit analysis?
To make decisions that maximize benefits. Rational and Subjective. Objective and systematic pleasure (benefit) and pain (cost) calculating and coherent Rational and structured =making a list of costs and benefits
What is capital structure decisions?
capital structure decisions are structure with decisions
What are the basic financial decisions?
basic financial decisions are three type: 1. Financial Decisions, 2.Investment Decisions, 3.Dividend Decision.
What is satellite decisions?
Often a major decisions leads to several smaller ones, sometimes called satellite decisions.
The process of implementing a systematic plan to make informed consumer decisions based upon specified needs and wants for maximizing personal satisfaction is what?
Rationality is the process of making wise consumer decisions to achieve desired results. This decision also fills specific needs and wants leading to satisfaction.
Explain the use of marginal analysis for break-even and profit-maximizing decisions?
In each case the process involves comparing costs and benefits of decisions that are made in small, incremental steps.
When implementing anti-malware software on a network one of your most important decisions is where to install the software?
true
Why is maximizing shareholders wealth a good philosophy?
Shareholders are actually owners of the company in which they hold stock in. All decisions should be made with the consideration of maximizing shareholders wealth. It is not to just increase the size of the company or to see that executives get rich but rather to maximize the return for shareholders/owners of the corporation.
Who is the traditional manager?
A traditional manager is largely reactive making decisions, implementing plans based on the input of those above them, around them or in the external environment.
Where is systematic study applicable?
Systematic study can be applied in various fields such as science, research, education, business, and healthcare. It involves a structured approach to gathering, analyzing, and interpreting data to draw valid conclusions and make informed decisions. By following a systematic study methodology, organizations can improve efficiency, quality, and productivity in their operations.
When does the president have the most room to make decisions of his own?
Many feel that the first few months of a president's term are the "honeymoon" period, when he has the best chance of implementing his agenda.
Driving force marketing channel decisions?
The driving force should be providing customer satisfaction. (Foundations of Marketing 2nd ed, p.220)
What are the five steps of the deliberate risk management process?
There are five steps involved in the deliberate risk management process. They include identifying hazards, assessing the hazards, making risk decisions, implementing controls, and supervising and watching for changes.
Jim andPhillipa are both 46-years old and happy in the work they do at their respective full time jobs In light of studies done on work satisfaction in middle adulthood what might you expect to find?
Phillipa's satisfaction can be linked to her positive view on career decisions made in early adulthood; Jim's satisfaction can be linked to promotions he has attained and his salary history.
Is the job of the president too much for one person?
No. A president has a lot of help and advisors and people making some of the decisions and implementing them. So the president is not really doing the job alone.
Not-for-profit organizations must make economic decisions?
Yes, the term "not-for-profit" doesn't mean those organizations do not aim at maximizing profits. Just they are not distributing the profits to their shareholders or owners but using the profits to achieve the organizations' goals.
