The company could make the prices as high as they want. This is also means the company basically rules the business.
Answer:
Code of ethics
Explanation:
Code of ethics is described as the set of the principles which are followed or conduct within the business or organization, it helps in guiding the behavior as well as help in decision making.
The motive of the code id to provide the members and the other parties who are interested with the guidelines form taking an ethical choices while conducting or performing the work.
In short, it is a written as well as formal statement of the ethical standards as well as values, which the guide the actions of the firm.
Answer:
d) decease in demand
Explanation:
When the produce of sweet corn crop rises by 20%, this would lead to an increase in supply. With increase in supply, the price of sweet corn shall fall, which would lead to an increase in demand as now consumers will consume more of sweet corn.
Since the relationship between price of a good and demand for it's substitute is positive, the demand for the substitute shall fall.
Thus, demand for frozen peas shall decrease as demand for sweet corn has increased.
- We can create a website wherein customers may adapt autos or talk using support personnel as well as other car owners.
- Users may establish an automated e-mail service to remind automobile owners to check their cars often.
- It could include a system of information that monitors local client preferences so that vehicles that represent the requirements and wishes of local customers are provided.
- It can be a company that invests in data techniques that allow it to manufacture new products or effectiveness inside its distribution network, thereby making it a low-cost producer.
- Data system to improve communication with suppliers and optimize the supply chain for operational excellence.
- It could assist managers in communicating more effectively with workers, enable item technical development, eliminate cost warehousing or simplify delivery.
Learn more:
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Answer: Company should not expand to either.
Explanation:
Find the expected values of expanding to either country and pick the country with the highest expected value:
China:
= ∑(Probability of outcome * Outcome)
= (20% * 2,000,000) + (30% * 1,000,000) + (50% * -2,000,000)
= -$300,000
Vietnam:
= (70% * 1,000,000) + (30% * -2,500,000)
= -$50,000
<em>Both countries result in an expected loss so company should not expand to either of them. </em>
