Answer:
The correct answer is <em>International Trade</em>.
Explanation:
Specialization in economics is not limited to individuals and firms, the soul of microeconomics. It also has applications in macroeconomics, which studies the economic actions of nations, regions and entire economies. In a macroeconomic context, specialization means that nations concentrate on the production of goods in which they have the greatest advantage while making trade contracts with other countries to obtain other goods.
David Ricardo, another classic economist of the 18th century and the beginning of the 19th century, discussed the specialization based on comparative advantages that help determine if it is of greater benefit to manufacture a product in the country or import it. It assumes, for example, that the United States produces clothes and computers cheaper than India. While the United States apparently would have an absolute advantage, it would not have a comparative advantage, which measures the ability to produce in terms of opportunity cost. Because production resources are limited, opportunity costs to produce computers mean that less clothing is manufactured. Compared to what has been sacrificed, the country should specialize in producing goods over which it has a comparative advantage while importing the other product
Answer:
B. conformity
Explanation:
Conformity is a term in psychology that describes the tendency of a person(s) to adopt the behaviour of the people around them or of the people in a group they belong to.
Monica adopted the behaviour of her group of friends.
Labelling theory postulates that individuals may adopt the characteristics of the labels people use to describe them and this may shape their identity.
Differential association theory states that people learn how to become criminals by interacting with people.
Answer:
a. The lead time
Explanation:
The lead time is the time that shows the difference between the time at which the process gets started and the time at which the process get finished. This can be reviewed in the manufacturing, supply chain management at the time when there is a prior processing, within processing and after processing
Therefore according to the given situation, the option a is correct
hence, all the other options are incorrect
=
Answer:
The correct answer is letter "C": controls its business independent of other SBUs in the organization.
Explanation:
A Strategic Business Unit or SBU is a division of a larger company that is managed by itself, having its own vision, mission, and goals. Even if the SBU is an independent unit of the business that has its own competitors, it is an important part of the whole company.
<span>The answer is Columbian exchange. This exchange refers to an
era of cultural and biological exchanges among the New and Old Worlds.
Exchanges of animals, plants, illnesses and technology transformed European and
Native American customs of life. Starting after Columbus' discovery in 1492 the
exchange keep up throughout the years of growth and discovery. The
Columbian Exchange obstructed the social and cultural makeup of both borders of
the Atlantic. Progressions in agricultural production, development of warfare, improved
mortality rates and education are a few instances of the outcome of the
Columbian Exchange on both Europeans and Native Americans.</span>