Answer:
Jobs must be designed to give employees the necessary latitude for making a variety of decisions.
Explanation:
By definition, employee empowerment means that the employees are given with the right amount of power and autonomy, such that they have the leverage to make the decisions that can benefit the overall organization. Empowerment does not restrict decision making authority to only the top hierarchical levels, but extends the same authority to lower levels as well.
Answer:
Option D.
Explanation:
Fiat money refers to currency that is issued by the government and which is not backed by any physical commodity, such as gold or silver, but rather by the government that issued it.
The value of fiat money is gotten from the relationship that exists between supply and demand and the stability of the issuing government. The value is not based on the worth of a commodity backing it as is the case for commodity money.
Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies. One risk that fiat money faces is the printing of too many of a particular currency, which can contribute to hyperinflation.
Answer:
Answer A
Explanation:
Import: when a country does not produce particular goods by itself, they buy goods from other country, Goods purchased from other country called imported goods
Export: when a country produces more goods than their needs, then these countries sell particular goods to other countries. goods sold to other countries called export goods.
when a goods is called import for a country, the same goods is called export for another country.
The investment most affected by local conditions is A. REAL ESTATE.
Real Estate is affected by the local conditions because the properties are located locally. So, whatever happens in their locale will greatly affect said properties.
For example:
The local government passed some mandate over selling of properties in the city. Because the property you are selling is within the local government's jurisdiction, your real estate business is affected.
Savings accounts, mutual funds, treasury bills are not dependent on local conditions. They are affected on how the market performs as a whole (national level or international level).
Answer:
The correct answer is letter "C": competitive barrier.
Explanation:
Competitive barriers represent obstacles for a business to start operations based on what other companies are already providing to the market. The settled companies -competitors- tend to have a preference and market share obtained through years of operations which is a threat for a new company that is looking for attracting consumers.
