The calculation for the NPV of the acquisition is , which is presented step by step as follows:Calculation of the total cost of the acquisition: The total cost of the acquisition equals the cash paid to Firm B's shareholders and the discounted synergistic value.Firm A will pay $65 million in cash to Firm B's shareholders.Therefore, the total cost of the acquisition equals:Total cost = Cash paid + Discounted synergistic valueTotal cost = $65,000,000 + $8,500,000Total cost = $73,500,000.
Calculation of the total number of shares outstanding after the merger: The total number of shares outstanding after the merger is calculated as the sum of the number of shares outstanding for both firms. The value is obtained from adding the outstanding shares for both companies:Total shares = Outstanding shares of A + Outstanding shares of BTotal shares = 2,000,000 + 4,000,000Total shares = 6,000,000Calculation of the new share price:
New share price = $73,500,000New share price = $73,500,000 / 6,000,000New share price = $12.25Calculating the value of Firm B’s shares: To calculate the value of Firm B's shares, we need to multiply the new share price by the number of shares outstanding for Firm B.Value of Firm B's shares = New share price × Outstanding shares of BValue of Firm B's shares = $12.25 × 4,000,000Value of Firm B's shares = $49,000,000Calculating the NPV:NPV = -Initial cost + PV of cash flowsNPV = -65,000,000 + (49,000,000 / (1 + r) ^ 1)where r is the cost of capitalNPV = -65,000,000 + (49,000,000 / (1 + 0.1) ^ 1)NPV = -$20,454,545.45Therefore, the NPV of the acquisition is -$20,454,545.45.
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who is indirectly benefitted by the tax we have paid
Answer:
Because no one lives in isolation, tax dollars from a variety of sources benefit you, your family and your neighbors, no matter the size of income. Every time you get into your car and travel on a public highway, you ride on roads built, maintained, and paid for by state and local road funds replenished by tax dollars.
Explanation:
Answer: the government
Explanation: because they ar collecting our taxes they can use it for building projects or something they wanna do
Recommend three life skills that can assist a grade 12 school leaver to adapt to the world of work in 2023.in each answer,also indicate how these life skills can prevent a stressful transition from being a learner to the work environment.
A grade 12 school leaver will require communication, time management and problem solving skills to adapt to the world of work.
What are life skills?Life skills are skills required by individuals are necessary for living and cooperation with others
Some of the life skills include:
communication time management critical thinking problem solvingA grade 12 school leaver will require communication, time management and problem solving skills to adapt to the world of work.
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Solve the simultaneous equation
y+x=4
2y-x=5
Answer:
Value of X = 1Value of y = 3Solution,
Using substitution method,
y + x = 4
Move 'x' to the left hand side and change its sign:
y = 4 - x --------> equation (i)
Now,
2y - X = 5
putting the value of y from equation (i)
2( 4 - x ) - X = 5
8 - 2x - x = 5
8 - 3x = 5
- 3x = 5 - 8
- 3x = - 3
The difference sign (-) will be cancelled in both sides
3x = 3
3x/3 = 3/3
X = 1
Value of X is 1
Now, replacing the value of X in equation (i)
y = 4 - x
= 4 - 1
= 3
Value of y is 3
Hope this helps...
Good luck on your assignment...
on january 1, ollinger company purchased a 25quity investment in fava company for $300,000. at december 31 fava declared and paid a $20,000 dividend and reported net income of $120,000.
Journalize the transactions.
The journal entries for the transactions related to Ollinger Company's equity investment in Fava Company would include a purchase entry on January 1 and a dividend entry on December 31.
January 1: Equity Investment in Fava Company $300,000,Cash $300,000. This entry records the purchase of the equity investment in Fava Company for $300,000. December 31: Dividend Receivable $20,000. Investment Income (or Dividend Income) $20,000.This entry records the receipt of the dividend from Fava Company, which is declared and paid on December 31. The dividend receivable account is debited, representing the amount of dividend due to Ollinger Company, and the investment income (or dividend income) account is credited, recognizing the revenue from the dividend. These journal entries reflect the two transactions related to Ollinger Company's equity investment in Fava Company.
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Andrea has a health insurance deductible pf $5,000. Her medical bills for the year total $49,000. How much will she be required to pay out of pocket on her annual medical bills?
A. $5,000
B. $33,000
C. $0
D. $38,000
b is right answer I think
$5,000 is the amount she will pay out of pocket on her annual medical bills.
Basically, the term of Deductible is used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.
In health Insurance, having a deductible of $5,000 on one's policy means the health plan benefits will start after one pays $5,000 out of his pocket.
Information given
Deductible = $5,000
Total claim = $49,000
Therefore, the Option C is correct because $5,000 is the amount she will pay out of pocket on her annual medical bills.
How do businesses maintain a formal record of financial transactions?
a) Publish an income statement b) Publish a balance sheet
c) Maintain a general journal
d) Utilize the Matching Principle
Businesses maintain a formal record of financial transactions through publication of income statement and balance sheet.
A formal record of financial transaction entails publication of periodic financial statement to allows users them to understand the financial position of the company.
The process of Bookkeeping with helps to record all financial transactions helps to publish an income statement and balance sheet.
The income statement and balance sheet are the two main financial record which depict the accurate position of the firms position.
Therefore, the Option A and B is correct.
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hey hows everyone i need help with this
Answer:
thank you for the points..have a good day
the aggregate demand (ad) curve is used together with sras to explain the economy in the short-run (over the course of a few years). one or more of the following will move you down along the ad curve (that is, as p declines). which one or ones?
There are several factors that can move the economy down along the aggregate demand (AD) curve, resulting in a decline in prices (P) in the short run.
One of the primary factors is a decrease in consumer spending. If consumers become more cautious with their spending due to economic uncertainty or personal financial struggles, this can lead to a decrease in demand for goods and services. As a result, businesses may lower their prices to stimulate demand and maintain sales.
Another factor is a decrease in government spending. When the government spends less on goods and services, there is less demand for those products, which can lead to lower prices. This decrease in government spending can occur due to a variety of reasons such as budget cuts, austerity measures or policy changes.
Overall, any factor that reduces demand for goods and services in the economy can lead to a decline along the AD curve and a decrease in prices in the short run.
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Which of the given techniques is a way of assessing the entrepreneurial environment?
A. SWOT analysis
B. free writing
C. mind mapping
D. self-analysis
Answer:
A. SWOT analysis
Explanation:
A SWOT analysis is a business administration technique that assesses both the internal and external enviroment of a business.
The internal enviroment consists of the firm's strengths and weaknesses, while the external enviroment consists of the threats and opportunities that the firm has to face.
Once these factors are added in the SWOT matrix, strategies are formulated taking into account two elements of each of these factors at the time. For example, one strategy can combine a weakness and and a threat, while another strategy can combine a strength and an opportunity.
What do you think Sam’s credit score is (from a range of 300-850)? from NGPF 6.3 Section 5 in "Intro to Credit"
Sam's credit score is likely to be lower which can approximately be 350 due to his high credit card balances, missed payment, frequent credit card applications, and short credit history.
Here is an assessment of each factor and its impact on his credit score to be 350:
1. He currently has 3 credit cards (+1) - Having multiple credit accounts can improve credit score as long as they are managed well.
2. He got his first credit card 8 months ago (-2) - Credit history length is an important factor in calculating credit scores. A shorter credit history can lower the score.
3. He doesn’t have any student loans (+3) - Not having student loans will not impact his credit score directly.
4. He has $4,000 currently outstanding on all his credit cards (-) - High credit card debt can lower the credit score.
5. He missed a payment in the last three months when he forgot to notify the card company that he had recently moved out of his apartment. (-) - Late payments have a significant negative impact on credit score.
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The complete question is:
You’ve been assigned to be the credit counselor for Sam. For Sam, follow the directions tounderstand the impact of certain financial decisions on his credit scores. SAM SPENDTHRIFT is a college junior. He couldn’t wait until he turned 21, so he could apply for a few credit cards. Here are some details about his profile:
1. All of his 3 credit cards currently have a balance, as he has had trouble paying off his card each month.
2. He doesn’t have any student loans.
3. He opened his last credit card 4 months ago.
4. He has $4,000 currently outstanding on all his credit cards.
5. He missed a payment in the last three months when he forgot to notify the card companythat he had recently moved out of his apartment.
What do you think Sam’s credit score is (from a range of 300-850)? from NGPF 6.3 Section 5 in "Intro to Credit".
Phillipe has two job offers as given below and really has no preference for either company. Compare the total compensations for the job offers and explain which job you think Phillipe should accept and why. Company A Gross pay $62,000 Medical insurance $3,400 Paid time off $8,000 Retirement $2,700 Job expenses $800 Company B Gross pay $60,000 25% of gross pay in employee benefits
Answer:
Explanation:
He should accept job offer #1 bc it pays more and has more benefits.
Which of the following behaviors is likely to be considered unethical?
A) a manager hires a friend rather than a more qualified applicant
B) a manager underpays an employee, knowing that the employee can't afford to quit
C) company executives encourage employees to invest in company stock while withholding information about financial problems
D) an employee accepts a gift from a supplier in return for a large order
E) all of the above
Answer:
E) all of the above
Explanation:
Unethical behavior is engaging in activities that are considered wrong or improper in society. It entails indulging in behavior that goes against the expected code of conduct in a profession or the workplace. In short, unethical behavior is not doing the right thing.
In the list provided, none of the behaviors is correct or acceptable in the workplace. They are all unethical.
________ is the amount an employee earns before payroll withholding is performed.
A. Net pay
B. Gross pay
C. Taxable interest
D. An estate
Please select the best answer from the choices provided
Answer:
I think the answer is net pay
mario earned millions of dollars by taking the money he earned though his business and reinvesting it into real estate. the money that he invested is called
Mario earned millions of dollars by taking the money he earned through his business and reinvesting it into real estate. the money that he invested is called capital.
Real estate is defined as land and all permanent structures, such as dwelling houses, or improvements attached to land, whether natural or man-made.
A real estate is a form of real estate ownership. Real estate is property that includes land and buildings, as well as natural resources such as crops, minerals or water; in real estate of this nature; an interest is given to this property, the building or the dwelling in general. The word "real" is of Latin origin, meaning existing, real or genuine. The word "real estate" is an English translation of the Old French word "estate", which means status.Learn more about real estate here: https://brainly.com/question/1534216
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help me please
You are putting on a theater production. Which of the following should be a consideration when you get ready to choose the script?
The size of the theater/stage
The demographics of the audience
The topic/popularity of the script
All of the above
Answer:
The topic/popularity of the script
Explanation:
When you are writing a script, you WILL NEED TO consider the topic/popularity of the script.
Hope it help! ;)
Explain the critical aspects of preparing a capital budget proposal and its biggest risks?
Preparing a capital budget proposal involves identifying investment opportunities, estimating cash flows, calculating NPV and IRR, and conducting sensitivity analysis.
The proposal should include a detailed description of the project, its expected benefits, the estimated costs, and the timeline for completion. It should also consider potential risks and uncertainties, such as changes in market conditions, unexpected costs, and the potential for the project to fail.
The biggest risks associated with preparing a capital budget proposal are related to inaccurate estimates and inadequate analysis of potential risks. Poorly estimated cash flows, incorrect assumptions about the project's useful life or potential benefits, and insufficient consideration of external factors can lead to an incorrect assessment of the project's financial feasibility.
In addition, inadequate risk analysis can result in the failure to identify and mitigate potential risks, leading to unexpected costs, delays, and other negative consequences. It is crucial to carefully evaluate potential investments and to conduct thorough analysis and risk assessment to ensure the success of a capital budget proposal.
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Improvements in technology have allowed schools to use electronic books rather than original textbooks. Electronic books have _________ in supply.
a. increased
b. decreased
Improvements in technology have allowed schools to use electronic books rather than original textbooks. Electronic books have increased in supply. Option A
What are electronic books?E-books, or electronic books, are digital files including text and images that may be distributed electronically and displayed on screens in a way that is comparable to a traditional book.
eBooks are portable and light, making them simple to transport. A single eBook reader may store thousands of eBooks, saving you from lugging many heavy books. Both in your house and your purse, it frees up a lot of room. Concerning the storage cap, one should not worry.
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Let's say you start with $2,000, save $100 a month for 10 years, and the account has a 2.5% interest rate.
Answer:
Explanation:
After 10 years, you would have saved $14,000 (excluding interest).
Saving $100 a month for 10 years would result in a total of $100 x 12 months/year x 10 years = $12,000 in savings. However, with a 2.5% interest rate, your savings would earn interest over the 10-year period.
To calculate the interest earned, we can use the formula for compound interest:
A = P * (1 + r/n)^(nt)
where:
A = the final amount (including interest)
P = the principal amount (initial savings)
r = the annual interest rate (in decimal form)
n = the number of times interest is compounded per year
t = the number of years
Given that the initial savings (P) is $2,000, the annual interest rate (r) is 2.5% or 0.025, the interest is compounded once per year (n = 1), and the time period (t) is 10 years, we can plug these values into the formula to calculate the final amount (A).
A = $2,000 * (1 + 0.025/1)^(1*10)
A = $2,000 * (1.025)^10
A = $2,000 * 1.2800844
A = $2,560.17
So, after 10 years, you would have a total of $2,000 (initial savings) + $560.17 (interest earned) = $2,560.17. However, it's important to note that the interest earned may be subject to taxes and fees, and actual interest rates and compounding periods may vary depending on the specific savings account or financial institution.
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________________ is assessing the prospects' needs, their buying power, and receptivity towards the companies' products.
Market segmentation is assessing the prospects' needs, their buying power, and receptivity towards the companies' products.
Step 1: Identify and define the target market.
Start by analyzing the target audience based on factors such as demographics, psychographics, and geographic location. This will help create a clear picture of the customers the company wants to reach.
Step 2: Determine the prospects' needs and preferences.
Understanding the specific needs, preferences, and pain points of potential customers is crucial. This information allows companies to tailor their products and marketing messages to resonate with the target audience.
Step 3: Assess the buying power of the target market.
Evaluating the prospects' purchasing power enables companies to price their products appropriately and choose suitable distribution channels to reach their audience.
Step 4: Gauge receptivity towards the company's products.
Analyze the target market's attitude towards the company's products, including their level of interest and potential objections. This information helps businesses develop strategies to overcome challenges and improve the appeal of their offerings.
By conducting market segmentation, businesses can focus their resources on reaching the most relevant and profitable customer segments, resulting in increased sales, improved customer satisfaction, and enhanced brand loyalty.
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1) Identify a shortage of any good or service on your economy mention 5? Explain why the shortage occurred?
2) Compare and contrast the aims and objectives of a government funded swimming pool and a private health and leisure club?
3) List 4 advantages and 4 disadvantages of-
a) free market economy
b) command economy
c)mixed economy
The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answer:
Who,When,What
Explanation:
how should inletting black should be spread on the metal parts?
When it comes to inletting black, the application process can be a little tricky, but spreading it properly on the metal parts can make a big difference. Inletting black is typically used to highlight areas of a gun stock that require further fitting or sanding, and it can also help to prevent rust and corrosion on metal parts.
To apply inletting black to metal parts, it's important to use a thin, even layer to ensure that the black is spread evenly across the surface. This can be achieved by using a small paintbrush or even a cotton swab to apply the black to the metal. It's also important to take care when applying the black, as it can be difficult to remove once it has dried.
When spreading inletting black on metal parts, it's important to focus on the areas that require the most attention. This might include the action, barrel, trigger guard, or other metal parts that need to be fitted to the gun stock. By applying the black to these areas, you can more easily identify areas that require further sanding or fitting.
Overall, the key to spreading inletting black on metal parts is to take your time and be precise in your application. With a little practice, you can achieve a professional-looking finish that will help to protect your gun from rust and corrosion while also highlighting areas that require further fitting or sanding.
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(A). Label the following statement as true, false or uncertain and explain your choice.
(i). All members of a resource cartel share a common objective, namely increase prices as much as possible. [ 2.5 points] (ii). By holding the price lower than they would otherwise be, placing a price control on a depletable resource increases both the speed with which the resource is extracted over time and the cumulative amount ultimately extracted. [2.5 points] (B). As society's cost of disposing of trash increases over time, recycling rates should automatically increase as well. Do you agree with this statement? Explain your reasoning. What government policies can be implemented to encourage producers and consumers to achieve the optimal level of recycling? [5 points]
(C). What is the difference between old scrap and new scrap? Why is old scrap market not as efficient as new scrap market? Your answer should include appropriate diagram(s) and written remarks. [5 points]
A. (i). The given statement, "All members of a resource cartel share a common objective, namely increase prices as much as possible," is false because members of a resource cartel may have different objectives and not necessarily aim to increase prices as much as possible.
B. (ii). The given statement, "All members of a resource cartel share a common objective, namely increase prices as much as possible," is uncertain because the impact of holding prices lower than they would otherwise be on the speed and cumulative extraction of a depletable resource depends on various factors.
B. I do not agree with the statement because it's not necessarily true; recycling rates do not automatically increase as society's cost of disposing of trash increases, as it depends on various factors, including public awareness and education, infrastructure, and government policies.
C. Old scrap refers to recycled materials from post-consumer sources, while new scrap comes from manufacturing or processing waste; the old scrap market is less efficient due to lower quality, contamination, fragmented supply, and challenges in collection and logistics.
The first statement is False. While it is true that members of a resource cartel often aim to increase prices, it is not necessarily the case that all members share a common objective of maximizing prices as much as possible. The second statement is uncertain. The statement presents a hypothetical scenario where a price control is implemented on a depletable resource, aiming to hold the price lower than it would be otherwise.
I do not agree because the statement is not necessarily true. While it is reasonable to expect that as the cost of disposing of trash increases over time, recycling rates should ideally increase, the relationship is not automatic or guaranteed.
To encourage producers and consumers to achieve the optimal level of recycling, governments can implement various policies:
Incentives and subsidies: Governments can provide financial incentives and subsidies to both producers and consumers who engage in recycling activities. Extended Producer Responsibility (EPR): Governments can establish EPR programs, which require producers to take responsibility for the entire lifecycle of their products, including recycling and proper disposal.Public education and awareness campaigns: Governments can invest in educational programs to raise awareness about the importance of recycling and provide guidance on proper recycling practices.Mandatory recycling targets: Governments can set mandatory recycling targets for different sectors or industries.Deposit-refund systems: Implementing deposit-refund systems, where consumers pay a deposit on certain products (e.g., beverage containers) and receive a refund when returning them for recycling, can significantly increase recycling rates.Improved infrastructure: Governments can invest in infrastructure for efficient recycling, such as recycling facilities, sorting centers, and collection systems.The old scrap market is generally considered less efficient than the new scrap market due to several reasons:
Quality and contamination: Old scrap often contains a higher level of impurities, contaminants, and mixed materials compared to new scrap. Collection and logistics: Collecting old scrap from various consumer sources can be challenging and less organized compared to the collection of new scrap from manufacturing or processing facilities. Fragmented supply: Old scrap is typically sourced from multiple consumer locations, making its collection and aggregation a more fragmented process.Consumer behavior: Consumers may not always prioritize proper disposal and recycling of end-of-life products, resulting in lower availability and supply of old scrap materials for recycling.Here is a diagram illustrating the process of recycling old scrap (you may also find them on the attachment):
```
+---------------------+
| Post-consumer waste |
+----------+----------+
|
Sorting and Processing
|
+-------------------+------------------+
| |
Recycling Facilities Disposal/Other Uses
| |
+-----+-----+ +---------+--------+
| Recycled | | Landfill/Incineration |
| Products | +----------------------+
+-----------+
```
The diagram shows that after collection, post-consumer waste goes through sorting and processing to remove impurities and prepare it for recycling.
Written remarks:
The inefficiency in the old scrap market can lead to higher costs and lower profitability for recycling operations. To improve the efficiency of the old scrap market, it is essential to invest in better collection infrastructure, improve consumer education and awareness about recycling, and develop advanced sorting and processing technologies to reduce contamination and increase the quality of recycled materials.Learn more about disposing of trash: https://brainly.com/question/28066357
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A city spent $2 million to build a pedestrian bridge that has proved unsafe. The city can repair this bridge or demolish it and build a new one. If the resulting bridge would be equally attractive and useful either way, how should the $2 million already spent factor into the city's decision?
The city should ignore the $2 million, since either way it has already been spent.
What is sunk cost?Sunk cost is a cost that has already been incurred. It means that the amount has already been spent. Cost that has already been incurred should not be considered when making future economic decsions.
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TRUE/FALSE. in oligopoly when the effect outweighs the effect, profit-maximizing firms will increase their output.
TRUE. In oligopoly whilst the impact outweighs the impact, profit-maximizing corporations will boom their output.
An oligopoly is a marketplace structure wherein a marketplace or enterprise is ruled through a small variety of big dealers or producers. Oligopolies regularly end result from the preference to maximize profits, that may lead to collusion among companies. This reduces opposition, will increase costs for consumers, and lowers wages for employees. Many industries were referred to as oligopolistic, including civil aviation, electricity providers, the telecommunications sector, Rail freight markets, meals processing, funeral services, sugar refining, beer making, pulp and paper making, and vehicle manufacturing. Most international locations have legal guidelines outlawing anti-aggressive behavior. EU opposition law prohibits anti-aggressive practices along with price-solving and manipulating marketplace deliver and exchange amongst competitors.
In the US, the United States Department of Justice Antitrust Division and the Federal Trade Commission are tasked with preventing collusion. However, businesses can steer clear of felony effects thru tacit collusion, as collusion can simplest be demonstrated thru real and direct conversation among companies.
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During a collision with a wall, the velocity of a 0.2 kg ball changes from 20 m/s toward the wall to 12 m/s away from the wall. If the time the ball was in contact with the wall was 60 ms, what was the magnitude of the average force applied to the ball
To calculate the magnitude of the average force applied to the ball during the collision with the wall, we can use Newton's second law of motion, which states that the force acting on an object is equal to the rate of change of its momentum.
The momentum of an object is given by the product of its mass and velocity. In this case, the change in velocity of the ball is from 20 m/s toward the wall to 12 m/s away from the wall. Therefore, the change in velocity is (-12 m/s - 20 m/s) = -32 m/s.
Since the ball's mass is given as 0.2 kg, the change in momentum can be calculated as:
Change in momentum = mass x change in velocity
Change in momentum = 0.2 kg x (-32 m/s)
Change in momentum = -6.4 kg·m/s
The time the ball was in contact with the wall is given as 60 ms, which is equivalent to 0.06 seconds.
The average force applied to the ball can be calculated using the formula:
Average force = Change in momentum / Time
Average force = -6.4 kg·m/s / 0.06 s
Average force = -106.67 N
The magnitude of the average force applied to the ball is 106.67 N. Note that the negative sign indicates that the force is in the opposite direction to the initial velocity of the ball.
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According to John Holland's model of personality and occupational types, who among the fbllowing prei'érs highly ordered activities that characterize detail work and have little interest in artistic or physical skills?
A) Enterprising people B) Realistic people
C) Investigative people D) Conventional people
D) Conventional people. John Holland's model of personality and occupational types suggests that people are attracted to specific career fields based on their personality type. The model proposes six basic personality types, which are realistic, investigative, artistic, social, enterprising, and conventional.
Conventional people prefer highly ordered and structured activities, and are generally detail-oriented. They tend to enjoy working with numbers, data, and written materials, and may have strong organizational skills. They typically have little interest in artistic or physical skills. Realistic people, on the other hand, are practical, hands-on individuals who enjoy working with tools, machinery, and physical materials. They tend to be physically active and enjoy working outdoors.
Investigative people are analytical and curious, and enjoy working with abstract ideas and concepts. They are often drawn to careers in science, research, and academia. Enterprising people are outgoing and assertive, and enjoy working in leadership roles or in sales and marketing. Artistic people value self-expression and creativity, and often have a talent for visual or performing arts.
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A step taken so that a reasonable person could assume that a business took appropriate safety measures is called ___________
Answer: Risk assessment
Explanation: This is known as risk assessment, the overall process of identifying all the risks to and from any activity and assessing the potential impact of each risk. This is achieved by assessing the likelihood that each risk will occur, and then combining the result according to an agreed rule to give a single measure of potential impact.
To have a thought about what aspect of a business, might cause harm and decide whether you are taking reasonable steps to prevent that harm is known as a risk assessment.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Rhonda is facing a complex situation and needs help figuring out what to do. Imagine that she hires you to help her tackle this challenge and make the right decision. You will use the steps of a rational decision-making process to explore, evaluate, and ultimately offer Rhonda your professional opinion on how she should handle the situation.
The steps of the rational model of decision making in the correct order includes as follows:
Identify the problem or opportunityThink of alternative solutionsEvaluate alternatives and select a solutionImplement and evaluate the solution chosen.What is the rational model of decision making?Basically, the decision making refers to the process of making choices by identifying a decision, gathering information and assessing alternative resolutions, the use of the process can help to make more deliberate and thoughtful decisions by organizing relevant information and defining alternative.
Going forward, the rational model of decision making involves an individuals using facts and information, analysis and a step-by-step procedure to come to a decision. This rational model is more advanced type of decision-making model.
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