Answer:
b. includes those elements or groups within an organization's industry.
Explanation:
A corporation's task environment are components that affects and can be affected by an organization's mode of operation. They are external factors that could hinder a business from achieving her goals, aims and objectives, such factors includes customers, suppliers, supply of labour, regulations and regulators, etc.
It must be generally noted that every corporation's task environment is always and constantly changing, and this changes comes with their own challenges.
Complete Question:
A supervisor finds the mean number of miles that the employees in a department live from work. He finds x=2.9 and s=3.6. Which statement must be true?
z376 is within 1 standard deviation of the mean.
z37 is between 1 and 2 standard deviations of the mean.
z37 is between 2 and 3 standard deviations of the mean.
z37 is more than 3 standard deviations of the mean.
Answer:
z37 is between 2 and 3 standard deviations of the mean.
Explanation:
Standard deviation is a way of measuring of how much the value sample varies or disperses. A low standard deviation means that the values are near the mean value of the set, whereas a high standard deviation implies that the values are distributed over a wider range.
In reasonably average data sets, the values reflect about 68 per cent of the sample within 1 standard deviation from the mean; about 95 per cent in 2 standard deviations; and about 99.7 per cent within 3 standardized deviations.
Answer:
Water freight is a very important method of transportation and is the second cheapest (railroad is the cheapest). Huge volumes can be shipped at relatively low prices which is extremely important for raw materials and commodities.
The problem with water freight is that it is relatively slow though. Another problem that water freight faces is that it is cheap for medium and long distances, but uneconomical for short ones.
A great impediment for the technological progress of water freight is that most ports are obsolete and have not been updated in many years. Updating them is very expensive and many of them are public ports which doesn't help either.
Most new carrier ships (which are very high tech) are probably too big to fit into most US ports, so even if a carrier company invests huge amounts of money in them, where will they them? Technological progress must start with the ports, then water carriers should improve.
Another problem is that regulation is very loose in the US, especially regarding maritime ports.
Answer:
increases as more people use them.
Explanation:
Network economics refers to a business that uses network effect. It is also called Netromix. The value of a good is increased as the number of buyers increases.
The business will benefit from feedback received by customers that use their products.
For example online services like LinkedIn and Twitter benefit from this type of framework. The more users that use these software th more the business gains.
Answer:
3 years
Explanation:
The computation of the payback period is shown below:
Payback period = Initial investment ÷ Net cash flow
where,
Initial investment is $15,000
And, the net cash flow would be
= Year 1 + year 2 + year 3 + year 4
= $5,000 + $5,000 + $5,000 + $5,000
= $20,000
As we see that the net cash flow is recovered in three years that means net cash flows and the initial investment are equal
So,
Payback period would be
= $15,000 ÷ $15,000
= 3 years
