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Katie considers the alternatives that will be lost if she decides to spend her savings on buying a car. What is the economic term for her thought process?
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If the Court decides a case based on substantive due process it is determining?
whether the law involve in a case is fair
How are research groups differente from other interest groups?
Interest groups play important roles in the process that determines economic policy.
What institution decides when an amendment to constitution should be proposed?
Whenever 2/3 of the House of Representatives agree. Article 5
What was a key value when the US was forming a new nation?
Social and economic freedom, due process of law and basic people's rights. Libertarianism is the main concept people think of today.
What does the senate do during impeachment process?
The US Senate acts as the jury and tries any impeachment cases. When the House of Representatives accuses an official of a crime, the US Senate decides whether or not the official is guilty.
Capacity alternatives definition?
Capacity alternatives are defined as substitutional measures which can be adopted in a business for purposes of production. Such alternatives will provide redundancy in the process of production.
Who decides the process in which presidential electors are selected?
The Executive Branch is leads on outlining presidential roles so it probably decides the presidential electing process.
When deciding between two alternatives an individual considers?
When deciding between two alternatives, an individual typically considers factors such as their goals, values, preferences, risks, and potential outcomes associated with each option. They may also weigh factors like costs, benefits, consequences, and feasibility before making a decision. Personal beliefs, past experiences, and emotional responses can also influence the decision-making process.
Why is the election process important?
It decides who runs a country.
A process by which a committee revises a bill?
Markup is a process in which a subcommittee or a committee revises a bill that has been introduced. The committee also considers the bill in this process.
What is the correct sequence for the decision making process?
Issue identification, analysis, development of alternatives, evaluation of alternatives, recommendation, decision, implementation, continuous evaluation
What does analysis in the economic-order quantity method of inventory management take into account?
This analysis considers the amount of time needed to generate an order; to process, manufacture, organize, and ship each product; to receive, inventory, store, and consume each product
Which branch decides if laws are legal and what is the process called?
The judicial branch decides if laws are legal and it's called Checks and Balances.
Benchmarking is important during what step of the decision-making process?
Developing alternatives
Benchmarking is important during what step of the decision making process?
Developing alternatives
The process by which people learn to act in ways that society considers acceptable is known as?
socialization apex
What are the eight stages of the decision making process in the correct sequence?
Issue identification, analysis, development of alternatives, evaluation of alternatives, recommendation, decision, implementation, continuous evaluation
