Answer:
This is an example of <u>"oligopoly".</u>
Explanation:
Oligopoly refers to a term which means many firms and this is related to a market structure which is dominated by small number of large firms. There are some advantages as well as disadvantages of oligopoly markets. Firms under oligopoly markets can be comfortable to work with each other and they can also harm each other.
All property is publicly owned and each person works and is paid according to their abilities and needs.
Answer:
To decide if a project is feasible or not.
Explanation:
Feasibility analysis is an important tool to determine if a business model should be attempted or not. It helps to determine all the aspects of a business from a social perspective to economic aspects. Before implementing a project a feasibility report is designed to analyse the worth of a project and whether it is feasible to continue the project or not.
It is important to conduct a feasibility study before the business plan. If the feasibility study shows positive results than it is feasible to move towards designing a business plan. A business plan is developed after the opportunity is created and that opportunity is created by feasibility analysis. So, a feasibility analysis is very important to identify and execute an opportunity.
Answer:
1) organic organizations are better able to deal with a complex environment.
Explanation:
An organic organization is one that is flexibile, and that can adapt easily, and quickly, to a changing enviroment.
According to the contingency model, organizations are better off when they are flexible, keep their options open, and adapt rapidly to changes. In other words, organic organizations are better able to deal with a complex enviroment.
This is because of the lack of rigidity inside an organic organization. The organic organization will prioritize pragmatism over rules or hierarchy, allowing it to respond more quickly to a dramatic shift, than a mechanistic, rigid organization.
