It’s clearly contributing to increased integration of labor markets and closing the wage gap between workers in advanced and developing economies, especially through the spread of technology. It also plays a part in increasing domestic & income inequality ^^
Answer:
2. Stakeholders can potentially impact project development.
Explanation:
Stakeholders -
It refers to a party , which is interested in a company and the business can affect the stakeholder or the stakeholder can affect the business , is referred to as a stakeholder.
The type of primary stakeholder are , the suppliers , customers , employees and the investors.
The stakeholder have the capability to affect any project .
Hence , from the question,
The correct option is 2.
Answer:
Intangibility
Explanation:
Intangibility means a service that is not physical and therefore cannot be touched. Products are tangible and services are intangible in nature. Intangibility of services is gotten from the fact that a service cannot be seen or touched. A service is carried out and delivered on spot therefore it cannot be measured as easily as a tangible product.
A lot of problem are encountered in service marketing as a result of intangibility of services. Tangible elements have to be added your service to supplement your marketing strategy.
Another problem that arises from intangibility of services is that services cannot be stored.
It can be concluded that the supply of swimming pool maintenance services has decreased. We can not say that <span>the demand for swimming pool maintenance services has increased.It is not accurate to say things like the technology has advanced the swimming pool services. By means of the situation gievn, we can say that the maintenance services have decreased. </span>
Answer:
Option (D) is correct.
Explanation:
Asymmetric information occurs in a situation in which one of the two parties involved in a particular transaction have more information than the other party. This problem mostly occurs in a health insurance market where the a person to be insured have more information about his health than the insurance company.
Asymmetric information will result in two problems are as follows:
(i) Adverse selection
(ii) Moral hazard
