Answer: Option(D) is correct.
Explanation:
Correct option: Act as if they were monopolies.
Cartel is a group of few firms that work towards the common goal. Because all the cartel members works together, that's why they act like a monopolies.
They decided to produce at a level where their combined marginal revenue is equal to the combined marginal cost.
Because they behave like a monopolist, so they sell lesser quantity at a higher prices than would be in a perfectly competitive market.
Even when a manager is not able to grant employees' requests or suggestions, employees are much more likely to accept the decision and respect the manager if they know that they were heard and were able to provide input, and if the manager explains the reasons for the decision.
Answer:
A. job rotation
Explanation:
Job rotation is when an employee is moved from one job role to another with the intent of making the employee familiar with all the units in the organisation.
Answer:
What are the potential advantages and disadvantages of communicating customer satisfaction results to one group versus another group?
Explanation:
The answer above would be the most appropriate question because Larry does not know whether to share it with the employees, with senior management, or with the whole company.
Larry should try to gauge what kind of effect in the company would produce each one of this three alternatives. For example, sharing the information only with the employees might not seat well with managers, while the sharing the information only with management may be more effective but less transparent.
Hi!
Usually, in the business world, the reason for failure is due to the company running out of money this can be a culmination of all the reasons listed above or for other reasons, but a company is not really considered a failure until it runs out of money.
-<span>ASIAX </span><span> </span><span>Frequent Answerer</span>
