It can affect the company's ability to get a lending (borrow money). It can also affect the chances of finding an investor.
Answer:
(D) Task specialists keep the group moving toward its objective
Explanation:
- The highest group performance occurs when a highly cohesive group has high-performance norms.
- Group or Teams can be powerfully effective as a building block for organization structure
- A team's purpose should be translated into specific, measurable performance goals.
- The key element of effective teamwork is the commitment to a common purpose.
- Teams are now used by almost all companies to produce goods and services, to manage projects, and to make decisions about running the company.
Hence, the statement in option (D) is correctly fitted.
Answer:
Macmillana's GDP is less sensitive economic fluctuations than Bloedelo's GDP. Two reasons account for this:
1) The keynesian multiplier is smaller.
The keynesian multiplier tells us about the sensitivity of GDP to increases in domestic expenditure (consumption, investment or government purchases). If the keynesian multiplier is small, then, GDP will be less sensitive to fluctuations in aggregate expenditure.
2) Macmillana's economy has implemented automatic stabilizers, while Bloedelo's economy has not.
Automatic Stabilizers are government policies meant to reduce fluctuations in GDP. The two most common automatic stabilizers are: income taxes and unemployment benefits.
Automatic Stabilizers reduce the kenyensian multiplier, dampening Macmillana's GDP sensitivity to fluctuations even more.
Answer: Optimization of resource allocation
Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.
One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.
