The majority of appointed U.S. Treasury secretaries have been either former partners or managers of Goldman Sachs, a global investment management firm. Sociologists would argue that this overlap between private business and the federal government is an example of the power elite.
Answer: Option A
<u>Explanation:</u>
Elite are the people who are rich in terms of wealth and have lots of assets with them in the form of land, gold and many more. They also have power and control in their hands because of the money and wealth they possess.
Since most of the secretaries who are a part of the treasury of the United States of America, are from category of rich and elite people, there fore it is known as the power elite.
Answer:
bounded rationality
Explanation:
When decisions are constrained by time and costs, or when information available is partly accessible or incomplete, then bounded rationality limits our decision making. Even in conditions when we would think that we are acting on behalf of reason, there will be always some constraints that prevent us from being rational.
The decision makes that work in small and big organizations are aware of this and therefore they try to take into account the bounded rationality factors.
In this sense, managers will always pursue to play the more rational approach while taking decisions, and the use of computers and having the complete picture as well as the most information will somehow lessen the effect of bounded rationality, and despite it, a decision will always be human even if its aided with data served by a computer, as compared to a complete environment where only machines would operate in a cold-hearted and fully rational world.
Answer: The country would start to fall, but then would attempt to make, grow, and produce all of their own goods.
Explanation:
If all of a sudden all of the trade in the world stopped there would be so many items lost due to this seeing as we rely on other stations around the world. If the trade just stopped the governement would have to rationalize the food, and oil usage until they could correctly make and drill all the products for themselves.
Triangular sail developed by Arab or Indian merchants which was eventually adopted by European ship owners to improve the maneuverability of their ships. It could catch crosswinds and be used to drive a ship along its chosen course. The captains of caravels and galleons used this type of sail in conjunction with several other kinds of sails to cross the Atlantic and Pacific Oceans.
Answer:
(1) Knowledge of and experience with analytical concepts, principles, and practices (methods) that provides the ability to analyze and evaluate qualitative and quantitative data to make logical inferences and/or draw logical conclusions.
Explanation:
This could be seen in the ability whereby scientists are trying to gain insight in this current pandemic through analysing and evaluation of the qualitative and quantitative data inorder to be able to find the solution.
