Answer and Explanation:
Direct competition is a type of competition where two or more businesses offers the same kind of product and compete in the similar market.
The examples like dominos versus pizza hut in terms of food, HP versus Dell in terms of laptop
So in this examples they sell the same kind of products and compete each other
Answer:
A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business
Explanation:
Business administration (also known as business management) is the administration of a business. It includes all aspects of overseeing and supervising business operations. From the point of view of management and leadership, it also covers fields that include accounting, finance, project management and marketing.
The nurse represents that effective delegation include:
- Delineating the desired outcomes of the delegation.
- Asking the nurse if they are capable of completing the delegated task.
- Monitoring how the delegated task is being accomplished.
<h3>How to illustrate the information?</h3>
Effective delegation means planning ahead when identifying tasks to be accomplished. Assess the situation, and clearly delineate the desired outcomes.
Monitoring how the task is being accomplished is considered effective delegating.
Learn more about delegation on:
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Answer:
There is a shortage of the product.
Explanation:
The market demand curve is downward sloping indicating a negative relationship with price. While the market supply curve is upward sloping indicating a positive relationship with price.
At the market equilibrium, both demand and supply are equal. At a price below the equilibrium level, the market demand is greater than supply. This causes a shortage in the economy.
Answer:
The answer is $4,221.77
Explanation:
Present value = Cash flow/(1+r)^n
where n is the number of years
Cash flow 1:
$1,150/1.11^1
=$1,036
Cash flow 2:
$1,030/1.11^2
=$835.97
Cash flow 3:
$1,520/1.11^3
=$1,111.41
Cash flow 4::
$1,880/1.11^4
=$1,238.39
Present Value of all the cash flows is
$1,036 + $835.97 + $1,111.41 + $1,238.39
=$4,221.77