The economy is experiencing a recession combined with inflation. The self-corrected school would say the proper response is to <u>do nothing</u>.
The first aspect that happens at some point in a recession is the financial system slows down. This means that businesses are producing less, and consumer spending is down. This will cause layoffs, as corporations try to cut costs. during this time, there's a significant decline in the demand for items and offerings.
Inflation is the rate of increase in costs over a given period of time. Inflation is normally an extensive measure, along with the general boom in costs or the increase in the value of residing in a country.
Inflation is a measure of the rate of rising costs of goods and services in a financial system. Inflation can occur whilst fees rise due to increases in production expenses, which includes raw substances and wages. A surge in demand for services and products can reason inflation as purchasers are willing to pay more for the product.
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The appropriate mutual fund that is going to be helpful for Mr Patel would be the Equity Mutual funds.
<h3>What is the Equity Mutual funds?</h3>
This is the type of investment that is overseen by a professional in the corporate money business.
Given that he said that he does not want to care much, this would be appropriate for him. Because he is not risk averse, he is going to have a higher return here.
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When she altered her shopping patterns and buying behavior because of substantial pay raise, it is an example of income effect.
In economics, Income effect explains how their is a <u>change in demand</u> in market caused by of a change in <u>consumer's purchasing power</u> as a result of a <u>change in their real income</u>.
Here, the theory of <u>income effect</u> explains Gall's situation because her increase in pay cut changes her purchasing power, thus, increases her demand for expensive goods.
In conclusion, when she altered her shopping patterns and buying behavior because of substantial pay raise, it is an example of income effect.
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It is true that by the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.
<h3> Corporate Ethics</h3>
Business ethics (also known as Corporate Ethics) is a state of applied ethics or experienced ethics, that explores ethical principles and moral or ethical concerns that can arise in a enterprise environment. It spreads to all aspects of business conduct and is applicable to the conduct of individuals and entire associations.
<h3>What are the type business ethics?</h3>
(i) Politics without Principles
(ii) Wealth without Work
(iii) Commerce without Morality
(iv) Knowledge without Character
(v) Pleasure without Conscience
(vi) Science without Humanity
(vii) Worship without Sacrifice.
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Answer:
The correct answer is letter "B": lost sales and increased costs for public relations activities.
Explanation:
Boycotts and protests aim to harm business operations to attract special attention to what the individuals causing the damage are requesting. When those demands remain unattended for long periods, employees take radical measures that go against the interest of the firm to push them to take a position on their requests quickly. Otherwise, the most affected is the company since its operation capacity decrease which lowers its revenue.
Besides, <em>in front of strikes, for instance, the public image of the firm is exposed which is potentially harmful to the institution and could turn the tide completely against the company.</em>
