Most of the small business found that small, community banks were more willing to lend money to small operations, it is due to the credit crunch during the recent recession. The community banks are more willing to help the small businesses to gain again their capital or investment.
Propaganda is the manipulation of information to influence public opinion. It uses a number of different techniques, such as emphasizing bits of information that support a position and minimizing or excluding those that do not.
Overgeneralization
An example of propaganda is Overgeneralization, which is when statements that are so general they oversimplify reality.
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"Birds have wings so therefore all birds can fly. Right?"</span>
Answer:
1/3 bushel of rye
Explanation:
Given that the farmer produces 30 bushels of corn every year but using the entire field on producing 30 corn bushels would cost 10 rye bushels. Thus, the opportunity cost of producing one bushel of corn would be 1/3 bushel of rye(10/30). The slope of the farmer's PPF would be -1/3 and hence, the opportunity cost of the farmer can be calculated by considering the reciprocal of a bushel of corn's opportunity cost.
Answer:
Business Process Re-engineering is business philosophy that seeks to improve product by eliminating causes of product defects and making quality an all-encompassing organizational watchword.
Hence A is correct
Explanation:
It is an holistic approach to rearranging business and organisation's workflows with a view to identifying sub-optimization and inefficiencies that are deep-rooted in its processes which are cost-consuming but do not add value to business bottom-line(profitability).
Implementing a BPR project is a painstaking effort in that it is a way of telling employees to dump old ways of doing of things which they are probably more comfortable with and embrace change.This is the case as an average human tends to resist change.
Answer:
The correct answer is letter "B": Electrogadgets, a site that provides information on a range of electronic gadgets, encourages members to publish their reviews and user guides.
Explanation:
Crowdsourcing is the practice in which typical tasks done by regular employees in an organization are given to a wide-open group of people without having the need to establish a formal relationship with -as a contract, for that purpose. Those people, voluntarily in most cases, do the job characterized normally by simple, non-specialized tasks.
In the case, only option "<em>B</em>" describes a scenario where the company empowers its customers to carry out a simple activity that actually allows the organization to have an idea of the quality of the products offered with no formal contract in between.