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Roman55 [17]
3 years ago
13

The three principal levels of hierarchies within a business organization are:

Business
1 answer:
olga55 [171]3 years ago
5 0

Answer:

<u>Senior management, middle management, and operational management.</u>

Explanation:

Senior management: The highest level of management present in a company. It is made up of a team of people with high power in the decision-making process and responsibilities that include the creation and implementation of a strategy that contributes to organizational success.

Middle management: Corresponds to the intermediate level of management of an organization, corresponds to a semi-executive position because it has direct influence on the culture of the organization and are able to answer for the organization, line managers, employees and customers. They are hierarchically subordinate to executive management and responsible for "expert" or "team leader" line managers.

Operational management: It is the organizational area whose main objectives are the planning, organization and supervision of production, manufacturing and service provision. Responsibilities are to ensure efficient operations and resource utilization so that customer requirements are met.

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Economists believe that people's wants are:
Cloud [144]

Economists believe that the wants of people are infinite.

<h3>What is want in economics?</h3>

These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.

People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.

Read more on want and scarcity here:

https://brainly.in/question/2337492

#SPJ12

3 0
2 years ago
If the Fed orders an expansionary monetary policy, describe what will happen to the following variables relative to what would h
Rufina [12.5K]

Answer:

The money supply will increase

Interest rates will reduce

Investment will increase

Consumption will increase

The aggregate demand curve will move rightward

Real GDP will increase

The price level will increase

Explanation:

Expansionary monetary policy is a macroeconomic policy that the Federal Reserve uses to stimulate aggregate demand in the economy, by manipulating the cost of money, supply of money and the use of money.

The money supply - Expansionary monetary policy  deals with reduction in interest rate and increase in supply of money as well as reduction in required reserve ratio, all these will increase the supplier of money

Interest rates -  Expansionary monetary policy is a policy that lowers the interest rate in order to stimulate aggregate demand.

Investment: Increase in aggregate demand will increase investment as a result of expansionary monetary policy

Consumption - There will be increase in consumption

Net Exports - Net export will increase as a result of increase in production and access to finance

The aggregate demand curve - The aggregate demand curve will move rightward

Real GDP - Real GDP will increase as a result of increase in production stimulated by increase in aggregate demand.

The price level - The price level will increase as a result of increase in money supply

5 0
3 years ago
Dave owns 15 shares of ABC mining stock. on monday the value of each shares rose $2 but on tuesday the value fell $5. what is th
IgorC [24]
First, the value of each share rose by 2. So we have +2.

Then it fell by 5. So we have
2 - 5 = -3

Each share has a net value of negative 3.
Dave owns 15 shares. So,
15 * (-3) = -45.
So, there is a net loss of $45.
8 0
3 years ago
Suppose you are going to receive $13,800 per year for six years. the appropriate interest rate is 8.7 percent. what is the prese
Dmitry_Shevchenko [17]

13.800 \times 6 \div 8.7\%
6 0
3 years ago
Select the type of operational test and evaluation that assesses crew vulnerability required by title 10 u.s.c 2366. production
Vanyuwa [196]

Answer: live fire test and evaluation

Live fire test and evaluation is a test process which assesses crew vulnerability. It is a statutory requirement (Title 10 U.S.C. § 2366) before anyone can proceed to major munitions, missile programs or covered systems.

4 0
3 years ago
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