Kim-Lee founded a software development company at the age of 27. Over time, he developed the company into a multibillion-dollar
transnational organization. He is currently the chief technical officer of the company, holds 75 percent stock of the company, and makes major decisions regarding the products that would be made available to consumers. In the context of Wright's model of the U.S. class structure, Kim-Lee belongs to the __________.
The right approach is Option a (supply of the good).
Explanation:
Supply would increase substantially of some more production. Increasing the income of established businesses wouldn’t rise, as there has been increasing competitiveness.
This similar value of the product is likely to decline due to further fulfillment as well as the same requirement. Marginal costs would never be compromised.
Anyone else alternatives possible does not apply to the situation throughout the question. That's the right thing above.
Benchmarking is a process that involves measuring one company's success against other similar companies to discover if there is a gap in performance that can be closed by improving performance.
An officer or director of a corporation is not personally liable for loss sustained by the corporation as the result of the exercise of poor or mistaken business judgement. They are only liable for a loss resulting from his or her negligence of failure to exercise reasonable care. In this situation, Brown was exercising a business judgement in good faith with due care. Since a superhighway was to be constructed through the town of X, he believed it was in the corporation's best interest to build a motel there. Brown was not guilty of negligence, so the decision would be in favor of Brown.
