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tekilochka [14]
3 years ago
14

How do firms in asia (in this case, in thailand overcome market failure?

Business
1 answer:
rusak2 [61]3 years ago
7 0
They most likely drop the prices 
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Sadie hires a new manager. In a couple of weeks, she receives reports that the new manager often plays favorites and does not ac
gogolik [260]

Answer:

The correct answer is motivated blindness.

Explanation:

Ethical blindness is a psychological phenomenon derived from what is known as: motivated blindness. It is that people see what they want to see and easily lose sight of conflicting information when it is in their interest to remain ignorant. The conflict of interest has a lot to do with this phenomenon. For example, if in the same work team - in any direction - the director maintains a personal relationship with a collaborator, the mistakes she makes will tend to minimize them against mistakes of other team members.

Both moral silence and ethical blindness are widespread phenomena within our corporate culture, and unfortunately they only manifest themselves when there is fraud within the company or a problem that affects the image of the company.These usually grow especially when the company You are succeeding and reaching your strategic and financial goals. Top management should focus more on these phenomena not only for an ethical duty issue but for proper risk management within the organization.

5 0
3 years ago
for a monopolist: a. price equals average total cost. b. price is above marginal revenue. c. marginal revenue equals zero. d. ma
strojnjashka [21]

For a monopolist b. price is above marginal revenue.

<h3>What Is Marginal Revenue? </h3>

Marginal revenue can be regarded as  increase in revenue which is been gotten from  the sale of one additional unit of output.

As a monopolist that is the the only seller in the market, then their marginal revenue is usually above price because they don't have a competitor that is close enough.

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8 0
2 years ago
Currently, the leadership trend is to empower employees. When a leader empowers employees, that leader is giving them: Multiple
Anni [7]

As much freedom as possible to become self-directed and self-motivated is When a leader empowers employees, that leader is giving them.

<h3>What is the advantage of the self-motivated employees?</h3>

Self-motivate employees are the best performer in the organization as they are highly charged and devoted towards the company, so they tried to give their best in every aspect. They are more loyal towards their leaders as they both have trust relationship between each other.

Thus, option C is correct.

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8 0
2 years ago
To keep your business plan up-to-date, it should be revised every
Rufina [12.5K]

Answer:

A-month

Explanation:

by revising it monthly, it is the most up to date and can be consistently helpful to you as well as organized.

4 0
2 years ago
Which strategy is an example of how companies may upgrade themselves to meet changing customer preferences?
never [62]

The best example of how companies are upgrading themselves to meet changing customer preferences is personified in option (C) making online shopping services available.

Since customers nowadays prefer to shop online more often than not, many companies are now providing online marketplaces in combination with their traditional brick and mortar stores. Some companies do not even have a pop up store – they purely do their transactions online.

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