The
answer to the missing word on the statement above is market focus. When a firm
competes in a geographically defined specific are, it is using a market focus. For
a business to be market-focused, you have to look outside the company for
input and data essential to create strategic and tactical judgements. Market
focus means you
have to have a great deal of understanding your customers. It also means you
have to know your competitors very well, and anticipate their next moves.
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Answer:
b. the supply of ivory has fallen, leading to an increase in price and reward for poaching.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
Poaching can be defined as an illegal or illegitimate procurement (purchase) of protected wildlife living organisms such as elephants, fish, trees, gaming, etc.
In an attempt to reduce poaching of elephant tusks for ivory, officials in Kenya burned illegally gathered ivory. Economists tend to point out that the supply of ivory has fallen, leading to an increase in price and reward for poaching in accordance with the law of supply.
This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.
Answer:
D)5,000; 7,000
Explanation:
Public is holding 2000 econs and banks reserves are 300 econs. It is mentioned that reserve requirement is 10%.
So total bank deposits must be 3000. Money supply in the economy is (3000 + 2000 = 5000)
When the reserve ratio is 0.1, that means the money multiplier is 10.
If there is an additional inflow of currency because of printing 200 econs by central bank then because of multiplier effect it will be 2000 econs.
Money supply from earlier 5000 econs will become 7000 econs.
Option D is correct.
Answer:
Option D
Explanation:
Shop credit cards have similar functions as conventional credit cards. Through the account you make payments that can be paid out over period. Most retailers may provide rewards if you place an order with the credit card, or they can provide bonuses such as extra time back for your next order.
Yeah, in general words. Department stores cards appear to be safer than other unsecured loan cards issued by large credit card providers to just get accepted for. A discount card is not only affecting your ratings but plummeting your credit use. If you file for fresh credit, once the lender takes one of any credit files you usually get slapped with a rough request.
Answer:
The statement is: True.
Explanation:
Motivation is what drives individuals or organizations to achieve their objectives. Leaders must find ways to keep their subordinates constantly incentivized so their productivity level remains at their highest level possible. In some other cases, reaching personal goals is what drives people. In such scenarios <em>pride, self-interest, </em>and <em>success</em> boost individuals' morale pushing them to their limits.
