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kow [346]
3 years ago
10

Markets always allocate resources in ways that meet ideal economic efficiency.

Business
1 answer:
Virty [35]3 years ago
5 0

Answer:

False. Markets can sometimes fail to reach efficiencies when there are externalities, public goods, monopoly, or serious information asymmetries

Explanation:

Invisible hand (effective allocation of resources in a laissez faire economy) sometimes works because when market function effectively and send correct price as signal of values (to society) to producers.

However, when goods can't be traded on markets (public goods) or its values are not correctly reflected on markets (externalities, information asymmetries) or competition is not ensured (monopoly), markets cannot ensure effective allocation of resources.

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In the boston consulting group growth-share matrix, each of the four categories in the matrix represents ______.
Mandarinka [93]

In the Boston Consulting Group growth-share matrix, each of the four categories in the matrix represents a different investment strategy

More about growth-share matrix:

The growth share matrix was developed through teamwork. It was initially drafted by BCG's Alan Zakon, who would later go on to become the company's CEO, and then improved with his colleagues.

Bruce Henderson, the creator of BCG, popularised the idea in his 1970 essay The Product Portfolio. About half of all Fortune 500 businesses employed the growth share matrix when it was at its most successful.

It continues to be a key component of corporate strategy lessons taught in business schools today.

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5 0
2 years ago
_____ deals with how inputs, activities, and outputs of a process are organized.
kobusy [5.1K]

Structure is concerned with how a process's inputs, actions, and outputs are arranged.

<h3>What do a process' outputs entail?</h3>
  • The outcomes of group work are known as outputs, and the group or organization values these results.
  • In order to maximize a team's performance, it "provides a mechanism to analyze how teams perform."
  • The tangible results of a process, such as reports, meetings, and flyers, are what we refer to as outputs.
  • While these items are helpful in and of themselves, they typically fall short of fulfilling the overall intent of the process.
  • Some examples of results are Information (for instance, fresh information developed as a workshop contribution and/or information from meetings).
  • Data sent by a computer is known as output. Computers can only process digital data.

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4 0
1 year ago
In the ____ and ____ stages of product life cycle, firms often set priorities on growth and/or market share
klasskru [66]

Answer:

In the introduction and early growth stages of the product life cycle, firms often set priorities on growth and/or market share

Explanation:

3 0
3 years ago
Which of the following designs safety regulations?
Nat2105 [25]

Answer:

the right answer is A.

Explanation:

because Those responsible for ensuring the health and safety of their workers are the professionals who study the regulation of these standards

8 0
3 years ago
Read 2 more answers
1. All of the following are considered phases of the management process except _____. planning directing controlling executing b
12345 [234]

Answer:

1. Executing

2. Directing

3. Continuous process improvement

Explanation:

According to Managerial Accounting Concepts and Principles

1. All of the following are considered phases of the management process except EXECUTING

2. The process by which managers run day-to-day operations is called DIRECTING

3. CONTINUOUS PROCESS IMPROVEMENT is the philosophy of continually improving employees, business processes, and products.

4 0
2 years ago
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