Answer:
C. overstate changes in the cost of living because the weight assigned to energy is too small
Explanation:
the weight in this index uses less energy efficient houses as the construction cost were higher
and relies more on energy which was cheaper at the time.
Because of this, now the index will overstate the changes in the cost of living.
The weight assigned to energy changed and people shift to more energy efficient houses to save in his energy bill's. The consumers will always shift their consumption to avoid unnecessary spending. In this case, construct more energy efficient houses and sasve on the billing
The vision of an organization is vital for any organization but it is almost unachievable and majority of organizational visions fails in it as they are rational, time-bound and highly impersonal.
<h3>Why is a vision important to any organization?</h3>
A vision is really important for any organization because it serves as a strategic plan for success.
Vision provides the focus and direction, that helps to align everyone with the organization in order to achieve the desired goal.
It helps to increase efficiency and productivity in the organization.
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Answer: Market diversification
Explanation: Market diversification is a type of corporate strategy wherein a company acquires or establishes a business other than that of its current product. It means extending business offerings to new market segments that previously were not targeted. Biz Solutions is currently provides customer care service, by seeking to purchase a software that serves the oil and gas industry, it is attempting to diversify its markets.
Frictional unemployment is short-term unemployment associated with individuals who are not working while seeking their first job or changing jobs. The correct answer is B.
In the economy, frictional unemployment is brought on by employees or persons changing jobs. This might happen when a person relocates, quits their present job in search of something better, or looks for a job that matches their new abilities, experience, or education. Because of this, this kind of unemployment is not related to the growth of the economy but rather to individuals' choice changes in their lives and jobs. As a result, frictional unemployment happens inherently even in markets that are stable or expanding.
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