Answer:
Letter a is correct. <u><em>Descentralized control</em></u>.
Explanation:
A company that has decentralized control has a more flexible hierarchy, where all employees are motivated to contribute ideas and opinions and participate in the decision making process.
Decentralized management is common in large companies, such as Google and Dell, which ensures greater autonomy and freedom of action for employees.
The biggest benefits seen by decentralization are the flexibility to adapt to market changes, the speed of decision making that prevents opportunity costs, and the sense of motivation and value creation between employee and organization.
A situation known as a "market failure" occurs when the market itself is unable to efficiently distribute resources in a way that balances social costs and benefits.
Market failure refers to a situation where there is an inefficient allocation of products and services on the open market. The individual incentives for rational behavior do not result in rational outcomes for the collective in a market failure.
In other words, each person chooses what is best for themselves, but those choices end up being bad for the collective. This can occasionally be demonstrated in conventional microeconomics as a steady-state disequilibrium condition.
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Answer:
- government contracting
- advocacy
- entrepreneurial development
- access to capital
Explanation:
SBA is a US government agency whose core mandate is to support the growth of small businesses. The Small Business Association(SBA), promotes economic growth by providing useful resources and information to help them start and develop small businesses.
The SBA supports the advancement of small businesses in the following ways.
- Education and training,
- Providing information and links to affordable credit
- Connecting to government contracts
- Offering business advise
People who enjoy working with their hands might enjoy a career as a
chef. The correct answer is D. Chefs are cooks, as you are well-aware,
which means that they use their hands to prepare food. They are
constantly using their hands while chopping vegetables, cooking,
preparing dishes, so people who love using their hands as their most
important tool should consider getting a job as a chef.
