Answer:
Modelling behaviour
, giving timely feedback
, providing appropriate advice
Explanation:
Activities of the mentor are vital to developing leadership abilities in aspiring leaders. The rules and regulations they apply are important because aspiring leaders follow them, and will eventually implement. Moreover, Mentor should focus on modelling behaviours, giving timely feedback, providing appropriate advice, effective communication because these are some of the important activities which develop an aspiring leader.
Answer:
Respect.
Explanation:
Execution of a project according to the intended plan is very crucial to ensure the success of the project. In order to effectively execute the plan, it becomes crucial to display 'mutual respect and decency' between all the participants as it not only helps in preventing any kind of dispute or conflict in the team but also keeps the entire team focused and motivated to give their best. It develops a positive work environment by accepting each other's individual differences and going together as a team instead of a group of individuals.
Answer:
The correct answer is option c.
Explanation:
The law of increasing oportunity costs means that as we go on substituting production of one good for another the opportunity cost of sacrificing the alternative will go on increasing. That is whythe prodcution possibilty curve is concave and bowed outward.
Because of increasing opportunity costs, there is a limit to specialization of antions in production of a commodity. As they go on producing the goods they specialize in, the opportunity cost of giving up the alternative goes on increasing.
Since there are no fixed costs in the long run, choice (c) is the correct one.
<h3>What is implicit cost?</h3>
You make the decision to forgo receiving a salary during the first two years in order to assist cover starting costs. Any expense that has already happened but isn't always shown or reported as a separate charge is considered an implicit cost. It stands for an opportunity cost that develops when a business commits internal resources to a project without receiving any direct payment in exchange. In the field of economics, an implicit cost, also known as an imputed cost, implied cost, or notional cost, is the opportunity cost corresponding to what a company must forgo in order to employ a factor of production that it already owns and is therefore not subject to rental fees. In contrast, an explicit expense is one that is paid for up front.
<h3>Which is not an implicit cost?</h3>
Employee salaries serve as a direct variable cost that is dependent on the level of production; as such, they are an accounting expense rather than an implicit one.
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Answer and Explanation:
Option B is the correct answer
B) acquiring a company already operating in the target industry, creating a new business from scratch, or forming a joint venture with one or more companies to enter the target industry.
