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Brums [2.3K]
3 years ago
6

Milton, a manager, is forced to turn down an idea for a new product from Steven, one of his most creative team members, because

of financial limitations. In order to prevent Steven from feeling discouraged, Milton should _____.
Business
1 answer:
inysia [295]3 years ago
3 0

Answer:

The correct answer is letter "A": give gentle feedback to Steven when turning down the idea.

Explanation:

Several problems may arise at the moment of developing a project within a company. Possibly the more common is not having enough funds to make plans possible. If an employee has created an attractive project that needs to be canceled because of insufficient funds the executive must make sure not to discourage the worker since in the future the financial situation of the company could change and the employee's help could be vital.

<em>Then, in Milton's case, he should give Steven gentle feedback on his work while canceling the project without mentioning the economic problems of the firm to avoid panic among workers and to avoid having Steven to take other measures such as looking another job where the entity can finance his ideas.</em>

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Price is taken to be a given by an individual firm selling in a purely competitive market because.
snow_tiger [21]

Price is taken to be a given by an individual firm selling in a purely competitive market because each seller supplies a negligible fraction of total market.

Purely competitive market refers to a marketing situation in which there are a large number of sellers of a product which cannot be differentiated selling a standardized product and therefore, no single firm has a significant influence on the product price. It is characterized, furthermore, by ease of entry for new companies into the market and perfect market information. Hence, the sellers in such a market are considered to be price takers. Examples of purely competitive market are agricultural products such as wheat or corn.

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2 years ago
Direction: Arrange the following words.
Elis [28]

Answer:

  1. TOWEL
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6 0
4 years ago
Exercise 18-12 Computing sales to achieve target income LO C2 Blanchard Company manufactures a single product that sells for $31
photoshop1234 [79]

Answer:

The unit sales to earn the target income is 9,000 units

Explanation:

Annual income=Total sales-total expenses

where;

Annual income=$1,550,000

Total sales=Cost per unit sales×number of units sold (n)=(310×n)=310 n

Total expenses=Variable cost+annual fixed cost

Total expenses=(248×n)+992,000

Total expenses=248 n+992,000

Replacing;

1,550,000=310 n-(248 n+992,000)

1,550,000=310 n-248 n-992,000

310 n-248 n=1,550,000-992,000

62 n=558,000

n=558,000/62

n=$9,000

The unit sales to earn the target income is 9,000 units

3 0
3 years ago
After learning about inflation and some of its history, what would be the inflation target that is most advisable for an economy
Talja [164]

Answer:

1-2%

Explanation:

In simple words, every nation in the world have some kind of central authority that works to control and keep the inflation as low as possible. However, too low inflation can also lead to recession which brings problems way worse than inflation.

Thus, keeping in mind about all the information we have studied, it is advisable to keep inflation at 1% or 2% band, so that economy can grow moderately along with no price pressure on consumers.

8 0
3 years ago
Direct-mail questionnaires should be kept to a maximum of how many pages? Question options: One Two Three Four
ipn [44]

Answer:

One

Explanation:

This is because of the need to have a quick grasp and interest of the audience.

6 0
4 years ago
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