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stealth61 [152]
1 year ago
5

Based on peter drucker's list of common practices of successful managers, should isabel mcdonald get the newly created executive

position?
Business
1 answer:
AveGali [126]1 year ago
3 0

Based on peter drucker's list of common practices of successful managers, should isabel mcdonald get the newly created executive position.

No, because she focuses on problems and uses intuition.

Based on  the intuition, a manager would be made able to make decisions quick and effectively in complex and new situations.

Intuition in the management helps to identify a goal in life as well as in business. It is a part of the subconscious mind and therefore it can help identify dreams which match personal values and goals similarly in any business management it helps in making correct decisions.

To know more about intution here:

brainly.com/question/16153253

#SPJ4

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Answer:

The increase in demand of the product with the higher price or decrease in demand for the other goods is because the substitution effect is outweighed by the income effect of price increase.

Explanation:

The above explanation in economics refers to Giffen Good. The idea behind this concept Giffen is that if you do not have money and there is an increase in the price of a fundamental product such as bread, it is still impossible to afford other alternatives, hence you will go ahead to buy bread or avoid buying any of the product. Hence, the demand for other product will also decrease in this case. This means that the demand for product with higher price or decrease in other substitute product is due to the fact that the income effect outweighs the substitution effect. Hence people do not have the money to even afford the alternative product.

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You sold a car and accepted a note with the following cash flow stream as your payment. What was the effective price you receive
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Answer:

The effective price you received for the car was $5,987

Explanation:

Effective price of the car can be calculated by the Net Present values of all the cash flows associated with the note.

Using following present value formula for each cash flows

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