<span>An order or ruling governing the procedures of a society, council, or other deliberative body.</span>
The price paid to each factor adjusts to balance the supply and demand for that factor. Because factor demand reflects the value of the marginal product of that factor, in equilibrium, each factor is compensated according to its marginal contribution to the production of goods and services.
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Explanation:</u></h3>
The incremental profit that is being earned for an additional single unit by subtracting the price of the product and all the variable cost that is associated with that product is the marginal contribution. It is the earnings that is obtained in total for paying all fixed expense and also for the profit generation.
The price that is spent for the every factor in order to adjust balancing the supply and demand of that particular factor. This is because of the reason that, the value of the marginal product of any factor is controlled by the demand factor. Thus in an equilibrium state there will be a compensation of each factor based on the marginal contribution to the production of goods and services.
The strategy that Algonquin is working on is PUSH STRATEGY.
Push strategy is a promotional marketing strategy that involves taking a product directly to the consumers by making use of various means of advertising the product to take the product to the costumers.
Distinct possibilities, where there are two, three, or maybe four potential future alternatives, represent the second state of ambiguity. And you may make a contingency plan depending on which of those four possibilities might occur in a circumstance where there are distinct possibilities.
How do you make decisions in ambiguous situations?
Embrace a variety of viewpoints. Include intellectuals who hold opinions that differ from your own. You'll gain an understanding of the decision's potential outcomes, what other factors need to be taken into account, and what crucial information is lacking. Decentralize decision-making to the individuals who are most familiar with the "issue."
What is a good contingency plan?
Any circumstance that might interfere with operations should be covered in a comprehensive contingency plan. To include in the plan, take into account the following areas: storms, fires, and earthquakes are examples of natural catastrophes. crises including endangerment to staff or clients, injuries sustained on the job, and mishaps at the workplace.
Learn about contingency plan: brainly.com/question/939242
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Answer:
Vanessa’s <u>task-oriented</u> leadership behavior is likely to be <u>ineffective</u> because <u>l</u><u>ow position power</u> <u>neutralizes</u> this leadership behavior.
Explanation:
Vanessa is a newcomer to a company, with less time and acting experience than her staff, so her leadership behavior will be offset by her low position power. This occurs when an employee's hierarchical position does not allow certain actions, so Vanessa's actions would be neutralized and ineffective, having no impact on decision making.
