Answer: Option C
Explanation: The given case, illustrates the law of diminishing marginal utility. As per this law, as the consumer consumes more and more of goods the marginal utility from every additional unit tends to decrease.
This makes the demand curve of the individual, slope downward. As the utility satisfaction decreases the price consumer willing to pay decreases .
Hence from the above we can conclude that the correct option is C.
Answer:
the correct option is A) According to Levitt, Technology drives the world toward a converging commonalty.
Explanation:
Levitt's Thesis states that "a dominant force drives the world towards a converging commonality, allowing international businesses to become global by standardizing their product and service offering".
One of the main forces he identified was technology.
It has become very evident that Technology is an essential force that drives the modern form of business globalization because technology has helped overcome major barriers to trade in the international scene by introducing standardized processes and global quality assurance.
It has also eliminated delays in information exchange, created a virtual market and ease of interaction between countries making international business processes cost effective and efficient.
Answer:
The recommended actions for success in informational interviews are;
1. Dress neatly and arrive on time
2. Let him/her talk about himself briefly
3. Ask elaborate questions about the career
Explanation:
An informational interview can be defined as a brief conversation with a pioneer in a professional career that you consider pursuing. They can be considered as a short summary of what that particular profession entails and how to succeed in that particular field. Informational interviews are form a very integral part of a networking plan, especially if you want to consider those specific careers. The following actions can be taken towards a successful informational interview;
1. Dress neatly and arrive on time
This gives the impression that you take the interview seriously and that you are responsible. Always remember first impressions matter
2. Create a personal relationship
Most people are always excited about talking about themselves especially if they know that someone else thinks that their career choice is interesting. This gives the interviewee a kind of personal space to talk about their personal choices. This helps relieve tension and makes him/her open up more which creates a personal relationship.
3. Ask elaborate questions about the career
This is the point where one needs to ask challenging questions that has been thoroughly researched so that you sound interested and committed towards the career path. The interviewee will feel respected.
Answer:
a quote is the authors exact words
Explanation:
