By the end of this year

Why does a more participative management style ("tipping the pyramid over") lead to greater responsiveness to customers’ needs,

suter [353]

Inclusive and participatory management practices are the most effective in today's society. The indices show that companies that adopt this style of management achieve continuous improvements throughout the organizational process. Organizational culture focused on employee well-being ensures a positive culture and this influences them to do their job more effectively. It also increases security, pride in being part of that company, and values.

4 0

4 years ago

Read 2 more answers

Is beyond the firm's capabilities to produce domestically but could be achieved by trading with another country?

MrRa [10]

Absolute advantage is beyond the firm's capabilities to produce domestically, but could be achieved by trading with another country.

<h3>What is Absolute advantage?</h3>

Adam Smith, an economist from the 18th century, introduced the idea of absolute advantage in his book The Wealth of Nations to explain how nations might profit from trade by specializing in producing and exporting the things that they can manufacture more successfully than other nations.

International trade is the trade where countries import and export the goods to the other countries so that all the countries have some resources.

Thus, it is absolute advantage.

For more details about Absolute advantage, click here:

brainly.com/question/13221821

#SPJ4

4 0

2 years ago

Recently, a certain bank offered a 5-year CD that earns 3.26% compounded continuously. Use the given information to answer the q

Maru [420]

Answer:

a. The CD will worth<u> $35,311 </u>in five years.

b. It will take <u>12.44 years </u>for the account to be worth $45,000.

Explanation:

a) If $30,000 is invested in this CD, how much will it be worth in 5 years?(Round to the nearest cent.)

This can be determined using the formula for calculating the future value (FV) compounding formula as follows:

FV = PV * e^(rn) ................................... (1)

FV = Future value in five years = ?

PV = Present value of amount invested = $30,000

e = Mathematical constant approximated as 2.7183

r = Interest rate = 3.26%, or 0.0326

n = number of years = 5

Substituting the values into equation (1), we have:

FV = $30,000 * 2.7183^(0.0326 * 5)

FV= $35,311

Therefore, the CD will worth<u> $35,311 </u>in five years.

(b) How long will it take for the account to be worth $45,000?(Round to two decimal places as needed)

Also, using equation (1) part a, we have:

FV = Future value in n years = $45,000

PV = Present value of amount invested = $30,000

e = Mathematical constant approximated as 2.7183

r = Interest rate = 3.26%, or 0.0326

n = number of years it will take to have $45,000 = ?

Substituting the values into equation (1), we have:

$45,000 = $30,000 * 2.7183^(0.0326 * n)

$45,000 / $30,000 = 2.7183^(0.0326 * n)

1.50 = 2.7183^(0.0326 * n)

Loglinearise both sides and solve for n, we have:

Log(1.50) = (0.0326 * n)Log(2.7183)

0.176091259055681 = 0.0326 * n * 0.434297385124509

0.176091259055681 = n * 0.014158094755059

n = 0.176091259055681 / 0.014158094755059

n = 12.44 years

Therefore, it will take <u>12.44 years </u>for the account to be worth $45,000.

6 0

3 years ago

Culture is a system of values and norms shared among a group of people and that when taken together constitute a design for livi

Bas_tet [7]

Answer:

a. True

Explanation:

The above is true because culture constitute a way of life of people who share common value. Culture refers to the beliefs, values and norms among group of people. For instance, in some culture, the male when greeting lay flat on the ground, while the female knee; these actions symbolizes respect for the people whom they are greeting.

Examples of cultural beliefs includes but not limited to tradition beliefs, religion beliefs, social standards etc.

4 0

4 years ago

The owner of a store that sells fine-quality fabrics for home seamstresses bemoans the fact that few young women know how to do

eduard

Answer:

The answer is: A) core competencies that have become core rigidities.

Explanation:

The core competencies of a business are what makes that business have an strategic advantage over its competition. In this case, the store sells the best high quality fabrics.

In the past the store had an strategic advantage since they sold a great product, but nowadays very few people are interested or willing to buy their fabrics. So what once was a core competency has now become a core rigidity. The store relied for too long on their core competency until it became obsolete. A textbook example for this is Kodak and its photographic film.

3 0

3 years ago