Answer:
The answer to this question is E. Forming
Explanation:
The forming stage of team development is the stage where team members establish ground rules and try to find out what behaviors are acceptable and what performance expectations are.
It is the stage where group members learn what to do, how the group is going to operate, what is expected, and what is acceptable.
The group members needs high degree of guidance from the team leader or the team manager in other to be able to understand their individual roles, understand the purpose of the team and organised the team structure.
Hence the answer is E. Forming stage.
Answer:
c the price elasticity of demand is about 1.43 and an increase in the airfare will cause airlines' total revenue to decrease.
Explanation:
q1 2,000 p1 250
revenue1 = quantity x price = 2,000x250 = 500,000
q2 1,700 p2 280
revenue2 = 1,700 x 280 = 476,000
<u>Midpoint formula:</u>
Ep = -1.432432432
As the price elasticity is above -1 the decrease in quantity is greater than the decrease in price thus, the revenue of the firm decreases if increase the price.
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.
Answer: Yes, it's beneficial
Explanation:
Comparative advantage is the ability of a nation to produce goods at a lower opportunity cost when compared to its trading partners. A comparative advantage allows a firm sell its product at a lower price and make more sales.
In comparative advantage, the nation might not necessarily be the best at producing a particular good but it has a low opportunity cost in the production of the good for other nations to import. Comparative advantage leads to specialisation and enhances economic growth.
For example, if France can produce cheap grapes and Italy can produce cheap tomatoes, France should stop producing tomatoes and Italy should stop producing grapes. France should focus on the production of grapes while Italy should focus on tomato production. This will lead to more income for both economies since there is productive efficiency.
