Answer:
Small companies don't have middle management, so it is entirely appropriate for senior management to implement strategy and guide employees directly.
The purpose of management is nothing to do with power, but rather to create, plan and execute the vision and strategy of the organization through the workforce and technology.
Explanation:
After 2 people answer on-top of their name will have the option for you to choose which answer is the most helpful to you
Answer:
For firms, Rent Seeking usually involves: <u>restricting supply in order to increase price</u>
Explanation:
An example of rent-seeking in a modern economy is spending money on lobbying for government subsidies in order to be given wealth that has already been created, or to impose regulations on competitors, in order to increase market share.
A rent seeking firm have a greater incentive to engage in rent-seeking behavior when demand is elastic because the restriction imposed on competitors will not affect the demand for the goods.
<span> Yes, Tyler has a claim against food world because he</span> has a cause of action against Food World for wrongful discharge. The reason is because his refusal to take the polygraph test cannot be the basis for termination of his employment . More evidence about the claim that he took the cigarettes is required for a claim.
An entrepreneur can best build social capital by using reciprocation..
<u>Explanation:</u>
An entrepreneur is a person who own his own business and takes risks. He is responsible in getting profits and bearing losses associated with the business he started. He can attain capital for starting business in many ways like taking loans or investing his money in smaller scale business. He can also raise funds by buying shares, etc.
An entrepreneur can use of reciprocation for the purpose of building social capital. Reciprocation refers to the relationship between give and take.The entrepreneur can undergo activities like building trusts with the customers and can be involved in doing volunteer activities.