Answer:
This approach minimizes the risk business has to take during foreign ventures. Such as finding new markets, storing the products till distribution, handling customer records and grievances and so on.
In other words, the cost of participating overseas.
Explanation:
Imagine you own a company that produces toys. Exporting your own product is profitable. Yet when the demand and the customer base grow, it becomes difficult to hand the distribution of the product, financials, tax/legal requirements and documentation all by your self.
An authorized agent or a distributor make the work much easier as they support you in various tasks we've mentioned above.
In the process, you'll have more time to think of new ways to grow your business while your agent/distributor handle the day to day tasks in operations.
Answer:
Include subordinates early in the process and include them in all aspects of policy formation.
Increase in government spending, increases the aggregate demand which in turn results in an increase in price level in the short-run.
<h3>Define AD-AS frame work.</h3>
The aggregate demand (AD) will fluctuate in response to a change in any of its constituents, resulting in a new short-run macroeconomic equilibrium. In other words, anything that causes Consumption, Investment, government Expenditure, or Net exports to grow will cause AD to move to the right. The short-run equilibrium output is compared to the output at full employment using the AD-AS model. The term "gap" refers to the discrepancy between present output and full employment output.
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I believe the type of organizational structure is: <span>virtual organization
In </span><span>virtual organization, all 'employees' of the organization is considered as a separate entity that technically does not belong as members of the organization.
This type of organizational structure is very common to see in a company that hire workers on a freelance basis.</span>