A rational choice is made by comparing marginal benefit and marginal cost
<h3>What is
marginal cost?</h3>
The marginal cost in economics is the change in total cost that occurs when the amount produced is increased, or the cost of producing more quantity.
The law of declining marginal utility asserts in economics that the marginal usefulness of a good or service decreases as an individual consumes more of it. Consuming incremental amounts of a good provides less and less satisfaction to economic agents.
Marginal cost is an important concept in economic theory because a corporation seeking to maximize profits will produce until marginal cost (MC) equals marginal revenue (MR) (MR). After then, the cost of creating an additional item will outweigh the money generated.
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Answer: Yes it is.
Explanation:
The National Labour Relations Act of 1935 was passed to cater for both employees and employers. It gave both parties rights and advocates for Collective bargaining. Perhaps most key about this act is it's protection of the rights of employees to join unions and be able to engage in Union activities to improve their working condition.
Under this Act, it is illegal to terminate, suspend or take any other adverse action against an employee for their union actions.
It is under this last paragraph that this question falls.
If Wal-Mart had acted in anyway adverse towards employees based on the Unresolved People Index (UPI) alone, then their actions would have been illegal. They did not, so they are operating in legal territory.
Answer:
Focuses on the internal strenghts of the firm
Explanation:
To understand difference, it is better to start with definicions of each of the concepts.
So, Resource based view focuses on firms's internal resources and capabilities and Institution based view suggests that the success and failure of firms are affected by institutions, such as regulations, laws, ethics, cultures and norms
A wiki is probably the best of the choices presented, because it's editable by everyone. But wikis get out of control pretty quickly if nobody is assigned to be the wiki-keeper.
Forum software can actually be the best approach, because forums can be divided into different topics for different projects, and posts in chronological order (with attachments) help everybody keep track of what happened when.
Answer:
is as request to access data from as database to manipulate it or retrieve it
