Answer:
High availability.of cheaper labour
Explanation:
An emerging market is defined as one that does not meet the standards of a fully developed market. For example in the area.of labour cost there is no standard set for it.
So companies can get cheap labour from these economies.
Companies like Apple and Nike have used cheap labour from emerging countries to reduce their cost of production.
Manufacturing bases are established in relatively poorer economies where the workers are willing to work for cheap wage
Answer: This chart demonstrates that the marginal cost initially decreases as production increases.
Marginal Cost refers to the cost of producing an additional unit of a good. As production increases, marginal costs will initially decrease.
In the short run, factors of production like capital are fixed. Only labor is variable and varies with the number of units produced. Initially, employing more labor results in better productivity and help in decreasing the marginal costs. However, as more units of labor are employed, labor become less productive and the law of diminishing marginal returns sets in. Hence the marginal cost curve begins to rise.
Answer:
APR, or annual percentage rate, is your interest rate stated as a yearly rate. An APR for a loan can include fees you may be charged, like origination fees. APR is important because it can give you a good idea of how much you'll pay to take out a loan.
Explanation:
In the ethical decision making process, moral imagination is used by decision makers while they consider available alternatives to make an effective decision.
<h3>Ethical decision-making process</h3>
It is essential that this process is guided by the company's set of policies and requirements, which are in compliance with legal norms and promote the development of organizational systems.
Therefore, decision makers need to identify the nature of the decision and the necessary information that will help to consider the available alternatives for the decision to develop possible resolutions and the assessment of the impact of their decision.
The choice of ethical decision must always be prioritized in favor of maintaining organizational transparency that generates greater reliability and positioning in the market.
Find out more information about decision making process here:
brainly.com/question/24864682
Answer: availability heuristic
Explanation: Heuristic is simply a mental strategy used to quickly form judgments, make decisions, and find solutions to complex problems.It describes an approach to problem solving, learning, or discovery that employs a practical method nit guaranteed to be optimal or perfect; not following or derived from any theory. A product specialist who bases a decision not to launch a new product based on her recent failure with another product offering is an example of availability heuristic. It relies on information that comes to mind quickly when it comes to making judgment or decision about relative risk or danger. our brains rely on a number of different strategies to make quick decisions. Availability heuristic is then, a mental shortcut that helps individuals make quick, but sometimes incorrect, assessments.
