1.1 Describe the main stages of the purchase decision-making process Answer: 1.1 Business buying decision process consists of the following steps. * Problem recognition * General need description * Product specification * Supplier search * Proposal solicitation * Supplier selection * Order routine specification * Performance review (Kotler‚ Armstrong‚ 2008) Problem recognition: It will occur when an organization recognizes a problem or need that can be meet by
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Clinical Decision Making A complete medical history was obtained from the patient. Following a discussion of her concerns‚ a physical exam‚ including a pelvic and bimanual exam was performed. Swabs of the vaginal area were collected and placed under the microscope. The results were concurrent with the suspected diagnosis of bacterial vaginosis. The physician explained the results of the swab samples and offered the patient different treatment options. Pathophysiology Bacterial Vaginosis (BV) is
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profit and loss account both in standard UK format. He has left you with no further instructions: Accumulated profit at beginning of the year Accumulated depreciation at beginning of the year Administrative expenses Cash Corporation tax Cost of sales Current liabilities Debtors Dividends paid Fixed assets Interest expenses Long term liabilities Owner’s equity Sales turnover Selling and distribution costs Stocks Depreciation 42‚600 80‚000 42‚000 8‚400 18‚840 144‚000 97‚600 67‚000 11‚560 240‚000 5‚700 73
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Educating Young People Who Will Be Significantly Different! Achievement Standard: 90981 Make a financial decision for an individual or group Resource reference: Accounting 90981 (1.6) Credits: 3 Student instructions sheet Introduction This assessment task requires you to: • Collect printed and/or electronic data (and provide details of your sources) Your data must be collected from secondary sources (e.g. Internet research‚ brochures‚ newspapers‚ magazines etc)
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A. If Patty wants to show the bank the maximum profit over the previous 2-year period‚ which costing method should she present? Patty should present the variable costing method because it keeps variable and fixed cost separate. The variable cost is part of the determination of cost of sales and contribution margin.(Blocher‚ 2013) If Patty wants to show maximum profit for the two years then she should chose the marginal costing because it ignores manufacturing overhead. Full costing will demand
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Is making a bad decision better than making no decision at all? People make decisions of varying importance every day‚ so the idea that making a bad decision is better than making no decision at all is‚ in my opinion‚ the worst case scenario that may occur. When making a decision one has various options‚ risks‚ and is influenced by his surroundings. Firstly‚ decision making involves identifying and choosing alternatives based on the values and preferences of the decision maker. Making a decision
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responsibility to resolve the dilemmas to the best of our ability. This paper is going to explore the topic of ethical decision-making and establish ground rules for the process and analyze possible ethical implications that may arise. What are the ground rules? Making an ethical decision‚ at times‚ can be extremely difficult‚ as emotions tend to hinder ones judgment. For example‚ if a husband came upon his wife being beat to death‚ his first impulse would likely be to bring as much pain to the attacker
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Leadership and Ethical Decision – Making Richard Garner INTD670-1301A-06 Leadership and Ethical Decision – Making Dr. Lisa Smart January 14‚ 2013 Phase 1 Individual Project Abstract Ethics are principles that are kept throughout one’s life so that he/she maintains a respectable level of honest value. Based on my moral outlook on life‚ my view of ethics may differ to that of many in this class. The reason for that is ethics partially depends on the individual feelings of a given situation
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3. Research Finding and Conclusion: 1. Table‚ chart‚ calculation and interpretation: 3.1 Customer profile: 3.1.1 Customers’ Age: Age Midpoint (x) Frequency (f) Percentage <18 12 11 11 ≥18<30 24 25 25 ≥30<55 42 47 47 ≥55 67 17 17 Total 100 100 Table 3.1.1: The age of customers (Authors research) Chart 3.1.1: The age of customers Mean = f(x)f = 38.45 Variance = fx2f – x2 = 273.6 Standard deviation = 273.6 = 16.54 Mode 30-55 Median belong to ≥30<55 group SD độ lệch chuẩnMD
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CHAPTER 12 Decision Making‚ Creativity‚ and Ethics Nike’s decision to manufacture shoes overseas has prompted critics to claim that it exploits workers in poor countries. Did Nike make a rational decision‚ and is the decision socially responsible? 1 Is there a right way to make decisions? 2 3 4 5 6 8 7 How do people actually make decisions? How can knowledge management improve decision making? What factors affect group decision making? Should the leader make the decision‚ or encourage
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