1.
Introduction: Strategy is a ‘game plan’ that facilitates a company to attract its customers by showing itself unique from competitors. The main focus of a company’s strategies is “target customers”. A strategy is a long term plan of action that strengthens the performance of the business.
The type of cognitive bias reveals in the mentioned data
2.
Introduction: Strategy is a ‘game plan’ that facilitates a company to attract its customers by showing itself unique from competitors. The main focus of a company’s strategies is “target customers”. A strategy is a long term plan of action that strengthens the performance of the business.
The reason due to which cognitive bias adversely affect manger’s decision.
3.
Introduction: Strategy is a ‘game plan’ that facilitates a company to attract its customers by showing itself unique from competitors. The main focus of a company’s strategies is “target customers”. A strategy is a long term plan of action that strengthens the performance of the business.
The procedure manger can use to adverse influence of cognitive bias

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Chapter P Solutions
MANAGERIAL ACCOUNTING F/MGRS.
- During October, the first month of the fiscal year, sales totaled $750,000, and the cost of merchandise available for sale totaled $680,000. Estimate the cost of the merchandise inventory as of October 31, based on an estimated gross profit rate of 35%.arrow_forwardSolve this question accountingarrow_forwardMarino Enterprises had annual sales of $75 million that occurred evenly throughout the 365 days of the year. Its accounts receivable balance averaged $3.5 million. How long, on average, does it take the firm to collect on its sales? (Round answer to nearest day) a. 15.9 days b. 17.0 days c. 19.6 days d. 22.3 daysarrow_forward
- provide correct answerarrow_forwardSmith Automotive started the year with total assets of $300,000 and total liabilities of $200,000. During the year, the business recorded $500,000 in revenues, $350,000 in expenses, and dividends of $60,000. What is the net income reported by Smith Automotive for the year?arrow_forward3 PTSarrow_forward
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