Answer:
The correct answer is the second option: False.
Explanation:
To begin with, the well known term of <em>"Diminishing Marginal Productivity"</em> is understood to be an economic law whose main purpose is to explain that given a certain level of an input, the production of the company will start to go down eventually after adding more and more of that variable. Therefore that this theory states that when a company adds more of a factor of production, everything else constant, when it reaches a certain level that input will start to affect the output of the good and with it the profits of the business. That is why that if the company is in a situation of diminishing marginal productivity the senior management would not be pleased.
False. It's called net income.
A <em>surplus</em> is when your income exceeds your expenses.
Answer:
The answer is C, functional strategies are shaped by corporate strategy
Explanation:
Corporate strategy are plans, procedures, policies and other form of strategic documentation that defines the company or organisation overall progress. The strategic document at this stage is designed by decision makers at the highest hierarchy of the organisation.
While
Functional strategy are strategic process and polices already designed by the governing or deciding body of topmost hierarchy and passed down to functional operational department of an organisation to adopt.e.g, operations department, finance department, training department,etc. they are mostly at the base of the chart.
Therefore, The functional strategy are shaped by corporate strategy.
Explanation:
Strategic management is an evolution and a destination due to the fact that the organizational strategy is developed in pursuit of objectives and goals. This means that action plans for achieving goals can be changed according to internal or external interference.
A company's strategy is not inert, so strategic management will be carried out according to the market situation, the internal environment and other variables, so that there is monitoring, organization and strategic coordination of the company according to its environment.
Answer:
Is often gathered BEFORE primary data
Explanation:
:)