This scenario describes the company's <u>"Core competencies".</u>
A Core Competency is a profound capability that empowers an organization to convey interesting an incentive to clients. It exemplifies an association's aggregate adapting, especially of how to facilitate assorted generation aptitudes and incorporate different innovations. Such a Core Competency makes feasible upper hand for an organization and causes it branch into a wide assortment of related markets. Core Competencies likewise contribute generously to the advantages an organization's items offer clients.
The model shows that households earn money when <u>Firms </u>purchase <u>Factors </u>in factor markets.
<h3>Interaction between the Household and a Firm </h3>
- Households buy goods from firms thereby passing income to firms.
- Firms buy labor from households.
Households therefore earn an income when firms decide to go to the factor market and buy a factor such as labor from households.
In conclusions, households and firms are interconnected.
Find out more on this interaction at brainly.com/question/1433471.
Answer: Option (a) is correct.
Explanation:
Correct Option: Lower than his opportunity cost of that good.
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
In our case, if people obtained a good at a price that is lower than his opportunity cost of that good then he will be benefited from the trade.
Answer:
PV= $18,763.56
Explanation:
Giving the following information:
Annual payment (A)= $2,374
Number of payments= 13
Discount rate (i)= 8%
<u>To calculate the present value, we need to use the following formula:</u>
<u></u>
PV= A*{(1/i) - 1/[i*(1 + i)^n]}
PV= 2,374*{(1/0.08) - 1 / [(0.08*(1.08^13)}}
PV= $18,763.56
A characteristic of the manager that may affect managerial discretion is his/her tolerance for ambiguity.
Tolerance for ambiguity can be defined as the degree to which an individual is comfortable with different adverse situations such as the uncertainty, unpredictability, conflicting directions, and multiple demands.
Tolerance for ambiguity is also a manifest in a person's ability to operate effectively in an uncertain environment by facing every problem in the way of effective management.
Tolerance for ambiguity is the ability to deal with ambiguous situations in a sensible and calm way. Manager must not get hyper in the uncertain situations.
It’s context dependent situation. It that the means same situation may be ambiguous in one setting and not in another.
To know more about tolerance for ambiguity here:
brainly.com/question/10631637
#SPJ4
