Economics is the study of how individuals and societies make choices under the condition of scarcity.
<h3>What is economics?</h3>
The study of how individuals use resources and respond to incentives by using it in decision-making is known as Economics. It is a vast study that helps us comprehend past trends, analyze current headlines, and forecast future events.
It signifies that the price of the product or service exceeds the supply of that product or service. As a result, scarcity might limit the options available to customers, who make up the economy in the end.
Individuals, organizations, and governments all use economics to understand their behaviors and decisions. It gives people a way to comprehend how people interact in a market-driven society and to analyze how government policies affect them.
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Answer:
The correct answer is letter "D": Glocalization
.
Explanation:
Glocalization is a combination of two words: <em>globalization </em>and <em>localization</em>. The term combined refers to companies with a global presence that adapt their products according to the culture of the area where they are. Usually, glocalization implies local advertisement to promote the familiarization of foreign among the local target customers.
Credentialing resource management activity identifies and verifies that personnel is qualified.
<h3>What is management?</h3>
- Management (or managing) is the process of overseeing the operations of a company, nonprofit, or governmental entity.
- It is both the science and the art of managing a company's resources.
- Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals through the use of available resources, such as financial, natural, technological, and human resources, are included in management.
<h3>What roles does management play?</h3>
- Planning, organizing, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level.
- These five responsibilities are a part of a corpus of guidelines and management-related beliefs.
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C- they help get people’s opinions and day to day activities that they might do.
