Greg is considering purchasing a new truck, and he wants to purchase the best one within his budget. He has searched the Internet, asked friends, and visited dealerships to learn more about the different brands and their features. He even found one website where he can conduct direct comparisons of different brands to help him in his decision. Which decision-making perspective is Greg following?A) Experiential decision making
B) Behavioral decision making
C) Complete decision making
D) Utilitarian decision making
E) Rational decision making

Answers

Answer 1

Answer:

Answer:

E) Rational decision making

Explanation:

Based on the scenario being described within the question it can be said that Greg is following a rational decision making perspective. This perspective focuses on a process that favors making decisions based on logic, objectivity, and analysis over subjectivity and insight. Which in this case, focusing on making the best overall purchase for the budget that Greg is on is the most logical and financially correct decision, therefore it is a rational decision.

Related Questions

A theater group made appearances in two cities. The hotel charge before tax is the second city was $ 1000 higher than in the first. The tax in the first city was 8.5 % and the tax in the second city was 5.5 %. The total hotel tax paid for the two cities was $ 790 . How much was the hotel charge in each city before tax?
Which one of the following best describes "semidashstrong" market efficiency? A. All public information is quickly reflected in security prices. B. The market is generally efficient, but some anomalies remain unexplained. C. Transactions are faster and lessdashexpensive than in the past, but not as fast or inexpensive as they could be. D. All information about a company, both private and public, is quickly reflected in its stock price.
which of the following processes authorizes a police officer to search private homes, businesses, and vehicles of suspects
If the price elasticity of demand for a good is -0.40, then a 10 percent increase in price would result in: a. a 4.0 percent decrease in the quantity demanded. b. a 10 percent decrease in the quantity demanded. c. a 40 percent decrease in the quantity demanded. d. a 400 percent decrease in the quantity demanded.
Aggregate planning is capacity planning that typically covers a time horizon of one to three months. True or false?

For more than 30 years, Starkist put 6.5 ounces of tuna into its regular-sized can. Today, Starkist puts only 6.125 ounces of tuna into the same-size can but charges the same price. Georgia-Pacific reduced the content of its Brawny paper towel six-roll pack by 20 percent without lowering the price. There are two sides to the ethical argument about this practice: that of consumer advocates and that of manufacturers. What is the practice called and what is the basic position of each side

Answers

Answer: Downsizing

Explanation:

According to the given question, the downsizing is one of the concept that helps in representing the two sides about the ethical argument in an organization.

The downsizing is the term which refers to operating cost of an organization in which we put less function or operation in the product but we charge the similar cost to the consumers in the market.

The main cause of the downsizing is that it may occur due to the various types of conditions such as when the economical position of the company is very poor and maintaining the profitability in an organization.

Therefore, Downsizing is the correct answer.

In a proceeds transaction: I. a customer directs that a position be sold; and the funds generated from the sale be used to buy another position II. a customer sells short securities "against the box" III. 2 separate mark-ups or commissions are charged IV. a combined mark-up or commission is charged

Answers

Answer:

I and IV

Explanation:

A proceed transaction is a type of transaction in securities where a broker uses the proceeds of the sales of a security to buy another security , still constituting a transaction. (option 1)

A proceed transaction is subjected to a combined mark - up or commission , where the mark up earned on the disposed security is added to the mark up earned on the new security bought in replacement , which must be reasonable and fair. (option iv)

If your company increases its market penetration, what is happening

Answers

That means more people in the market are purchasing the company's product. This tends to happen due to the fact that there are lots of people purchasing the products. That's where the word 'penetration' come from since people are starting to see it as totally in demand.

A _________ happens when the quantity supplied is more than the quantity demanded and often leads to a drop in prices.a. surplus
b. shortage
c. price floor
d. price ceiling

Answers

I think D the price ceiling

Characteristics of a corporation includea. stockholders having unlimited liability.
b. direct management by the stockholders.
c. stockholders having limited liability.
d. stockholders choosing a board of directors.

Answers

A corporation is characterized by limited liability for stockholders and management by a board of directors chosen by the stockholders. Stockholders' personal assets are not at risk in case of bankruptcy or lawsuits.

The Characteristics of a Corporation typically include:

Stockholders having limited liability - This means that the personal assets of the shareholders are not at risk if the corporation goes bankrupt or faces lawsuits.

Direct management by the stockholders is not usually happened. Instead, the stockholders elect a board of directors who manage the corporation.

Hence, in the given options, c. stockholders having limited liability, and d. stockholders choosing a board of directors are correct characteristics of a corporation.

Learn more about Corporation here:

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The answer to your question is letter C. Stockholders having limited liability.

What does the size of the dividend per share of stock depend on?

Answers

The size of the dividend per share of stock depend on : The corporation's profit

Dividend per share is calculated by : Total dividend / Total shares outstanding,

Which mean that dividend per share will increase if the total dividend increases.

Meanwhile total dividend will increased if the company gains more profit

the corporations profit ---- gradpoint

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