Answer: Cell phone companies found that when they raised the price of connecting to wireless hot spots, demand decreased more than proportionally among casual users but decreased less than proportionally among businesspeople. this is because wireless connectivity is a <u>luxury or non-essential</u> good for casual users but an <u>essential</u> good for business people.
Casual users tend to use the wireless if and only when they can afford it i.e. it is not an essential commodity for them. That is why, the demand decreased more than proportionally among casual users, when prices increased.
On the other hand, wireless hotspots help business people to get their work done in a speedy and efficient manner. So wireless hotspots become more essential to business people. Therefore the demand is relatively inelastic for connectivity and falls less than proportionally for business people.
Answer:
Kodak missed the digital camera revolution that it started.
Explanation:
According to history, Kodak's Steve Sasson was the first to invent a digital camera prototype in 1975.
But, Kodak relied on its past successes to the extent that it could not see beyond its shoulders. Kodak spotted digital technology opportunity in its business, but it lacked the foresight to sharpen its core competency so that it could redefine the market and its business from a film producing and selling company to one that gives consumers the opportunity to share images online. It lacked the competency to understand the emerging needs of its customers and woefully failed to invest rightly in digital technology.
On the other hand, Fuji created new opportunities for itself that were related to its core business by branching into magnetic tape optics, videotape, copiers, and office automation. As a result, it overtook Kodak in market share while Kodak submerged into bankruptcy, from which it later emerged stronger better than it was before the bankruptcy but smaller.
Answer:
Came as a result of:an increase in the international gold supply .
Answer:
-valid driver's license
- 18 years old or more (for younger than 18 you can look into limited involvement as a junior firefighter.)
- At least a high school diploma or GED.
- pass the physical ability test.
- Pass the written exam
- pass the interview
-You’ll still need to attend a department’s academy once hired
(may be differnt depending on your state, country, etc)
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Answer: Delegation
Explanation: Delegation in the context above may simply be explained as the process whereby there is a shift in the responsibility of one person to another who will function as a deputy. When an individual usually a superior, who is the actual overseer of a certain process or routine entrusts or handover to another person due to one reason or the other such as tight scheduling or shortage of personnel. In most cases the new handler is usually a lower ranking official in the task such as in the scenario above and as such, the expected rate of output is slightly reduced.
