Answer:
Resource dependence perspective of the organization assist an organization in reducing the extent of risk involved in operating environment.
Explanation:
Managers should always try to succeed and survive on their own and reduce the dependence on other organisation.
If i were the firm, the action i would take to succeed and survive includes;
1. By maintaining good relations with the labor and treat them right. this way, they wouldn't feel the need to find another job.
2. The Small firm should also maintain a good relation with the larger firm. and the small firm can also introduce innovative products. so as to increase turnover, higher profit rate and expansion.
Futhermore, Larger companies can assume role as product distributors and business partners. both the large firm and small firm can broaden their global prospects by forming partnership that capitalise on their complementary strengths. at the same time respecting the independence of each.
Answer:sales test
Explanation:The Sales test evaluates a candidate's ability to complete the sale of goods or services on behalf of a company, including related interactions with prospective and current customers before, during, and after completion of the sale.
Policy economics is the application of the principles of economics to decision making (choices) by the various arms of the government sector.
<h3>What is Policy economics?</h3>
- The methods for determining tax rates, government spending, the money supply, and interest rates, as well as the labor market, national ownership,
- And many other areas of government interventions in the economy, are all included in the concept of the economy of governments.
- The federal government works to achieve three policy objectives in order to maintain a robust economy: stable pricing, full employment, and economic growth.
- The federal government has additional objectives to ensure sound economic policy in addition to these three policy goals.
- The Economic Policy (EP) Concentration's goal is to give policy professionals the abilities they need to develop and assess policy options, with a focus on how economics methods may be used to solve practical policy issues.
Learn more about Economic Policy here:
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Answer:
3. Canada has a comparative advantage, relative to other countries, in producing baseball bats.
Explanation:
Comparative advantage is the ability of the country to produce good or services for a lower opportunity costs for example the oil producing countries have comparative advantage in chemicals.
Options 1,2 and 4 are incorrect .
Absolute advantage is the ability of a country or region to produce greater quantity of units with the same no of inputs in the same time.
A large industrial sector doesn’t
always indicate that a nation is fully developed because the standard of living
may not have risen with industrial growth. An example of this is North Korea.
It has a large industrial sector but also a low standard of living, so it’s not
considered developed. The correct answer between all the choices given is the
second choice or letter B. I am hoping that this answer has satisfied your
query and it will be able to help you in your endeavor, and if you would like,
feel free to ask another question.