The approach to management Petra uses is called Flexibility.
Flexibility means adapting to situations as they arise. In management, it means management's ability to change approach to situations regarding their work environment.
Flexibility is important to management because it enables organizations address diverse employee needs. Also, Managers need to adapt to day-to-day shifts in workplace schedules – employee personal issues, an unexpected influx of work and more etc.
It therefore means that Petra is using approach to management called flexibility, which enable her change management style based on the reaction of her employees to a project.
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A marketer is a person whose primary responsibility is to promote and sell the products and services produced by a manufacturer.
The two key questions the marketer needs to ask are:
- <em>how do potential buyers go about making purchase decisions?</em>
- <em>how do potential buyers go about making purchase decisions?What influences a potential buyer's decision process and in what way?</em>
1. A marketer is responsible for making research and determining how potential buyers make decision on the choice of product to purchases.
2. The marketer also think about what factors influence the decision making of the buyer and the decisions no are taken.
Therefore, the marketer works on those two questions in order to ensure increase in sales and profit if the manufacturer.
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<u>Answer:</u>
Corporations are the best business structure for most of business entrepreneurs. Sole Proprietorships offer no security at all. Partnerships are perplexing and liable to twofold tax assessment.
The benefit of sole ownership is what's called go through tax collection. The Sole ownership pay goes this through right to the proprietor's individual assessment form. This implies no corporate assessment form and no twofold tax assessment. Sole ownerships are additionally significantly simpler to set up, and they have adaptable administration.
The opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.
<h3>What is opportunity cost?</h3>
Opportunity cost is an economic term for expressing cost in terms of foregone alternative. It is something needs to be given up in order to procure something else.
If the production chart is moved from A too B, there will be a decrease in the production.
The opportunity cost by shifting the lines is giving up the items and decreasing what is actually being produced. The decrease results in an opportunity cost - which is what you give up to gain something else.
Therefore, the opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.
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