Answer:
<u>creative destruction</u> Defined by Schumpeter as the revolution within the sysem for nw companies to be created and fated to destroy the old industry
"If you compare a list of today’s most powerful and profitable companies with a similar list from 30 years ago, you will see lots of new entries:"
<u>incentive problem</u> As we create an incentive for a particular outcome or directions the other aspects and characteristics are neglected.
"Managers in the old Soviet Union often sacrificed product quality and variety because they were being awarded bonuses for quantitative, not qualitative, targets"
<u>the coordination problem</u> the information in an economic system s too complex to be calculated
Each day, central planners in the old Soviet Union were tasked with setting 27 million prices—correctly
<u>Invisible hand</u> direct quote from Adam Smith description of how capitalism economy works
It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest
Explanation:
If so maybe see hope help
Answer:
Building cooperative relationships among groups
Explanation:
OSHA’s Strategic Partnership Program is intended to improve workplace safety by<u> building cooperative relationships among groups</u>. Occupational Safety and Health Administration (OSHA) Strategic Partnership Program (OSPP) concerning Worker Safety including Health, created by OSHA on November 13 of the year 1998, continued composed to widen the consequence of cooperative programs upon worker safety including health by reaching out to accumulations of employees, employers, as well as labor provisions.
Answer: After each semester, you asked your adviser to review your progress to ensure you remained on track for your anticipated graduation
Explanation:
Efficiency has to do with one's ability to achieve a particular goal while avoiding wastage. One who does something efficiently, does that particular thing sufficiently.
The option that relates to efficiency is option D "After each semester, you asked your adviser to review your progress to ensure you remained on track for your anticipated graduation date".
This brings about efficiency as one is on track to achieving a goal.
Answer: 11.5%
Explanation:
Annual Percentage Rate (APR) can be defined as the annual rate of percentage earned via investment or charged for borrowing a particular loan.
APR=(( Fees+Interest/principal) /n)×365)×100
where:
Interest=Total interest paid over life of the loan
Principal=Loan amount
n=Number of days in loan term
Using the formulae, if properly calculated, the annual percentage rate (APR) of the loan to the nearest one-half of a percent would be 11.5%