When the employees are inefficient the manager should take proper steps to improve the performance.
Explanation:
When Mohamed is seeing that his employees are not working properly ,he should take proper steps to uplift the performance that is, the manager should pay attention on the employee when they are facing problems,the managers should give clear feedback, the manager should understand the needs of the employees, the manager should provide proper technology as well as awards should be granted for better performance.
If these things Mohamed keep in mind then he will surely be able to deal with the situation.
Answer:
An ebusiness model details how a company creates, delivers, and generates revenue; a business model does all the same except on the internet
Explanation:
E-commerce is nothing but buying and selling of goods around the web. On the contrary, e-business is a little different as it is not limited to, commercial transactions, but it also provides other services. These are the two emerging modes of doing business, which are gaining importance with the passage of time.
As new store owners, they had to carefully watch cash flow. As their customer base began to grow, they began offering hot food, and hired others to help with the operation. The economic benefit created in this story is called <u>An Invisible Hand</u>
Explanation:
Invisible hand refers to an economic term that is used to describe the unexpected benefits of a business venture which was started with the sole purpose of self benefit but later on that benefit is also enjoyed by the community as a whole
This clearly states the economic benefit which was unexpected in the business.
In the given Scenario also, the couple occupied the business but, the benefits were completely unexpected and the growth rate was also high as related to investment made.
Thus, the correct phrase for such situation is:<u>Invisible Hand</u>
Answer:
Refining crude oil into gasoline requires the use of chemicals, pressure, and heat to change the chemical makeup of the crude oil into a finished product of gasoline. PROCESS MANUFACTURING: deals with formulas and manufacturing recipes.
A production plant that serves as a point where workers and robotics bring together all of the components that create automobiles. ASSEMBLY PROCESS: manufactured units follow an assembly line.
Making steel is a process that cannot be easily stopped and restarted. CONTINUOUS PROCESS: the manufacturing process cannot be easily stopped.
Allen-Bradley builds motor starters. The machines that Allen-Bradley uses can make different types of starters without slowing down the process. FLEXIBLE MANUFACTURING: different models can be manufactured in the same process.
A tractor manufacturer looked at their production techniques and eliminated the activities in production that do not add value to the consumer. LEAN MANUFACTURING: very simple and lean manufacturing process.
A bicycle company makes 18 models in more than 2 million combinations. The customer chooses the model, size, color, and design. MASS CUSTOMIZATION: high degree of product customization.
Answer:
A vacation house in Colorado is rival in consumption and excludable.
The correct answer is C
Explanation:
A vacation house in Colorado is rival in consumption and excludable because it is a private good.
