The correct answer is: [A]: " planning " .
________________________
" A manager engaged in the management function of <u> planning </u> is determining organizational goals and the means for achieving them. "
________________________
<span>$1.
A "consumer surplus" is the difference between what a customer is WILLING to pay and what they ACTUALLY pay. You are willing to pay $5 on a hamburger, but you only spend $4. There is a difference between what you would've paid and what you did pay -- meaning, the difference between five dollars and four dollars. 5 minus 4 is 1. The consumer surplus is one dollar.</span>
Answer:
True
Explanation:
Technological products' lifecycles are getting shorter every time, it is very rare now that a high tech product like a smartphone is not continuously updated every year. As customers we always want more features added and the companies struggle to keep up with the new features and specs that the market demands.
<span>The marginal propensity to consume is a metric
that quantifies the concept of increase in consumption with an increase in
income. Mathematically MPC is defined as:</span>
MPC = Change in consumption / Change in income
Purchase of goods and services is considered as
consumption, therefore:
Change in consumption = $16 billion
In the government’s perspective, taxes are
considered as income, therefore the problem ask us to find for the necessary change
in tax collection to maintain equilibrium GDP. Substituting the values in the
formula:
0.80 = $16 billion / Change in income
Change in income = $20 billion
<span>Therefore the government should increase the tax collection by $20
billion.</span>
Answer:
A)equity theory.
Explanation:
From the question, we were informed that, if I'm a manager who made sure that rewards were distributed to my employees fairly based on their performance and that each employee clearly understood the basis for his or her own pay, In this case, I would be using equity theory. Equity theory, which is also known as Adams equity theory explained that a fair balance should exist between the input of an employee and the output, the input in this sense could be employee's skills, hardwork, the output as well could be the salaries, recognition given to employees. It should be noted that Equity theory allows to know how fair is the distribution of resources to relational partners.
