Answer: shareholder, customer, and market changes
Explanation:
Patagonia and Seventh Generation are actively trying to build a very suiting relationship with their customers. Doing this will not only attract existing customers but also potential clients.
Lexie's interviews are not as effective because she does not care about the professional training of the people she will hire, which can have serious consequences on the operation of the company. On the other hand, the referral system would also hinder the operation of the company because the skills or abilities of the employees are not verified.
When we do a recruitment process, we must have several aspects in common to hire or dismiss a job applicant. Among the aspects that must be taken into account are:
- Work experience.
- Vocational training.
- Other experiences.
Following the foregoing, the person in charge of the selection process must objectively select the candidate who best fits a job based on her experience or professional training.
According to the above, Lexie is limiting her liability because she only looks at aspects of the applicants' personal lives without evaluating their ability to perform a job. Additionally, you should carry out some tests on the applicants to verify their work capabilities.
On the other hand, in the referral system, she has several limitations because she accepts the criteria of another individual or organization to hire a person without herself evaluating him to fit the job that she requires.
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Answer:
3) Social classes show distinct product preferences in areas such as clothing.
Explanation:
Individuals that belong to the same social class exhibit similar buying patterns, which are different than those exhibited by people belonging to other social classes.
Social class is defined by an individual's economic status and his/her social hierarchy which is based on social esteem, prestige and success. The main factor in determining the social class of an individual is wealth, but not all the people that possess a similar amount of wealth belong to the same social class.
American society is generally divided into 5 social classes: upper, upper-middle, middle, working and lower. Generally the people belonging to the upper social class possess large inherited wealth (old money), while new rich people belong to the upper-middle class even though they might have even more money.
Answer: Price inelastic
Explanation:
The residents of Denver behave in a price inelastic manner to changes in price of water as observed in the question.
A price inelastic demand behavior is one in which changes in price of a commodity does not in any way influence the demand behavior of buyers in a market.
The market's labor demand is L=500−2.5W
Since labor demand as a function of the daily wage is L 50-0.25W.
Hence,
The individual labor demand curve is: L=50−0.25W
Now let determine The market labor demand curve
The market's labor demand is :
L=10(50−0.25W)
L=500−2.5W
Inconclusion The market's labor demand is L=500−2.5W
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