Answer:
B. (iii) only
Explanation:
Economists normally assume that the goal of a firm is to earn
(iii) revenues as large as possible, even if it reduces profits.
The reason for economist to normally assume the goal of a firm is to earn revenues as large as possible, even if it reduces profits, is that, while achieving more profit is what can make firm to keep running, there are times when rather than maximizing the profits alone, the economist look at the long run and seeks to generate more sales or total revenue, even if it decreases the profit generated, so as to increase the firm market share relative to its competitors.
Hence, economist seeks to maximize profits, while making higher number of sales.
In short, the seek the following:
1. Growth Maximization
2. Increasing Market Share
3. Satisfying Behavior
4. Maximizing Sales or Total Revenue
Answer: Economic imperative
Explanation: The economic imperative is, in fact, changeable, and it is a set of principles that governs the company in order to achieve the best possible strategy in the market. This is therefore a principle that changes as market conditions change, in line with the needs of the market, that is, customers. Thus, the business strategy changes from the national to the global level, in parallel with changes in cultural values and time. Thus, with these changes, the economic imperative is also changing in order to make a profit, so the company is also guided by the needs of both the national and global market, together with the conditions and trends of the time and consumer culture of the time.
So Russ is guided by the company's policies, that is, his economic imperative travels the world to present his company's products as a seller globally. This means the trend of time and consumer culture and values are such that according to the products of his company he sells, he has to travel globally.
Answer:
The correct answer is "The fundamental attribution error".
Explanation:
The fundamental attribution error is the human tendency to emphasize personal characteristics instead of analyzing the contextual or situational explanation for other people's behavior.
<u>For example, when someone fails a test, the other students may think that their classmate failed because he is lazy or he didn't study enough and not because the questions of the test were wrongly formulated</u>.
In this particular case, the first attribution that one does to the jam is that the couple did it because they are bad communicators, only because they were arguing moments before, <u>rather than attributing the failure to get the frame to through the doorway to the possibility that it might be too big for the doorway.</u>
In conclusion, this is an example of the fundamental attribution error.
