Explain the significance of emotions
What will be an ideal response?
Research indicates that emotions are actually critical for rational thinking. We must have the ability to experience emotions to be rational. This is because our emotions provide important information about how we understand the world around us. The key to good decision making is to employ both thinking and feeling in our decisions.
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You are the facilities manager at a hotel. After a five-hour power outage, the hotels power is restored. To avoid a high demand charge, you should notify your staff to:
a. do nothing b. place magnet on the electric meter c. start all equipment back up at once d. start back up in phases
Clemente Inc. incurs the following costs to produce 10,000 units of a subcomponent:
Direct materials $8,400 Direct labor 11,250 Variable overhead 12,600 Fixed overhead 16,200 An outside supplier has offered to sell Clemente the subcomponent for $2.85 a unit. If Clemente accepts the offer, it could use the production capacity to produce another product that would generate additional income of $3,600. The increase (decrease) in net income from accepting the offer would be a) $150. b) $(3,600). c) $7,350. d) $(150).