Answer: True
Explanation:
Sally by taking her business to the internet can now be able to reach a global customer base, therefore this increases her business scope.
This implies she can now reach the same wide range of distribution of customers with a her small business as large companies could, by simply creating a website for her business and placing it on the world wide web.
The economist's analysis in the scenario painted above incorporates the idea of OPPORTUNITY COST.
Opportunity cost refers to a value or a benefit which must be given up in order to enjoy or acquire another benefit. Because resources are scarce, one always has to make decision about how to use one's resources efficiently. In the scenario given above, Joe had the opportunity to put his money in a fixed deposit account or to use it to buy gold coins; he choose the latter given up the former. Thus, the former, which he gave up is his opportunity cost.<span />
Answer:
Hi
Explanation:
What organizational pattern would probably be most effective for arranging the main points of a speech with the specific purpose "To inform my audience about three major ways to block junk mail from their e-mail system"? chronological order.
Leadership is not needed when:
- It will make processes inefficient due to time wasting
- It is being used to oppress people
- Subordinates don't need leadership
Leadership is usually quite good as it can galvanize subordinates to be better workers due to better organization as well as inspiration.
There are instances where it is not needed however such as when:
- It slows down processes - sometimes leaders will need to give permission for a subordinate to do something. If this thing is time conscious and the leader is not available to give their ascent, the whole process could suffer.
- It oppresses people - when a leader is an oppressive one and acts in such a way that their subordinates suffer, that leadership is not needed.
- Subordinates are fine without it - sometimes workers have the necessary skills and experience to operate independently without a leader. In such a case, a leader is not needed.
In conclusion, while a leader is quite important in many ways, there can be situations where it is best that they are not used.
<em>Find out more at brainly.com/question/24150490.</em>
For compounding interest, there is a formula relating the present worth (P) with the annuity (A). This is shown in the picture. The 'i' is the effective interest rate while n is the time. You should make sure that you are consistent with the units. If your time is in terms of years, your interest should be in terms of percent per year compounded yearly. Moreover, your annuity should be per yearly basis. In this case, it is already consistent so we don't need to convert. Substituting the values,
P = 10,000[(1.08^9-1)/(0.08*1.08^9)]
P = $62,468.88
