The decision to expand depends on the marginal cost of serving more clients and the marginal revenue he will earn from serving more clients.
<h3>What is marginal cost and marginal revenue?</h3>
Marginal revenue is the change in total revenue when output is increased by one unit. Marginal cost is the change in total cost when consumption is increased by one unit.
Economic theory suggests that output should be increased if the marginal revenue exceeds the marginal cost. If marginal cost is greater than marginal revenue, the business should not be expanded. Profit is maximised when marginal revenue is equal to marginal cost.
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The scrum master is meeting with the team to identify and commit to improvement areas that bring the most value. The formal event is this done in a sprint retrospective.
The scrum master enables to facilitate scrum to the larger group by making sure the scrum framework is accompanied. He/she is devoted to the scrum values and practices but must also remain flexible and open to possibilities for the group to improve their workflow.
A Scrum master (Scrum grasp), popularly known as the “servant leader” is a train, motivator, and chief of an Agile crew. The position of a Scrum master is to teach the group Agile techniques and assist crew contributors to comply with Scrum practices religiously.
A Scrum master is a professional who leads a team through the use of Agile assignment control thru the path of an undertaking. A Scrum grasp allows all of the conversation and collaboration between leadership and team players to ensure a successful outcome.
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The question is incomplete:
The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:
a. Ethnocentric staffing policy
b. Polycentric staffing policy
c. Geocentric staffing policy
d. None of the above
Answer:
Geocentric
Explanation:
-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.
-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.
-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.
According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.
Answer:
This long of a question for onmly 10 points? But ill answe rit anyway. 48000299 the 200
Explanation:
