Your answer is : A)
Supply refers to the seller's ability and desire to sell goods and services
Answer:
At one time, the centrally planned economy of China encouraged farmers to produce iron in their backyards, rather than have factories make iron. This proved unsuccessful, since most of the farmers' iron was of poor quality. Why do you think this approach was unsuccessful? How could this experiment become a success in a free market economy?
The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.
The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved
Explanation:
Answer:
because Ivan's decisions will impact the substantial cost of the business.
Explanation:
An operations manager is responsible for managing organizational resources and applying them effectively to meet organizational goals and objectives. It is therefore necessary that Ivan as the operations manager of a network of amusement parks, before determining a new location for a park, he must anticipate the customer demand and determine the adequate capacity of the site for the construction of the park. that their decisions will directly impact the substantial cost of the business, that is, the planning must meet the needs specified by the customer so that the cost is compatible with the budget provided for by an effective planning for that business.
Organizational resources must be allocated efficiently and effectively so that there is compliance with the objectives and goals of a business and for it to be well positioned and successful in the market.
Answer:
Mr. Crane must first draw the interests and abilities of the companions. Some of them might be logically very good and obsessive in some parts (film division, editing division, sound division, etc.) but they might be assign to some other division. This will enhance in their low level of satisfaction and motivation. This will also assist Mr. Crane in conveying the divisions as per comforts of the associate as possible.
Explanation:
Mr. Crane must achieve an unidentified Response Survey between staffs so that their disquiets and problems can be carried out. Some individuals might not give this response openly.
Mr. Crane must also look at some of the work structures which are very serious for employee’s job satisfaction:
- Operational time (Are Associates working long hours?)
- Pay and compensation (Are they paid less than market rates?)
- Training and learning opportunities
- Traditional and sport actions to keep staffs involved
- Inspiration from leaders
Mr. Crane must find out the points through above methods and effort to discourse them so that staffs feel pleased and motivated. He can also initiate Rewards & Recognition program to escalate good workers. This will also improve their motivation.
We can find the number of ways by multiplying the amount
of possibility each store can have.
For store 1, it can be placed on 16 sites. Store 2 can be
placed on 15 sites (since store 1 is already on site 1). Store 3 can be placed
on 14 sites and so on until store 5 which has 12 sites.
Therefore the number of ways is:
C = 16 * 15 * 14 * 13 * 12
<span>C = 524,160 possibilities</span>
