Answer:
Comparative advantages
Explanation:
This pattern of organization was proposed by David Ricardo in his book “On the Principles of Political Economy and Taxation” in 1817, nevertheless it is thought that the term could have been proposed first by his mentor James Mill. In his book, David Ricardo explains about the comparative advantages as an economic term to make clear the possibility to develop the ability to produce goods and services at a lower price, being competitive in the market and at the same time producing more utilities.
Answer:
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Explanation:
Answer: Simulation.
Explanation:
Simulation when used for training is a method of creating a controlled environment that resembles a real world situation, where an individual is required to use their knowledge in an area to solve problems while also learning in the process.
Simulation in most cases, is applied to train individuals present in departments which requires perfection in decision making in real life situations.
The process wherein it involves the circulation of questionnaires among the group members about a specific problem that they want to tackle is termed as the Delphi Technique. The group members should share the results within the circle then they should continue to recirculate and refine individual responses until a consensus regarding the problem is reached.
Having the direct opposite technique with the nominal group technique or the brainstorming, Delphi technique does not require group members to meet face to face.
These are the steps in taking the Delphi technique. The first step is identifying the problem. Next is, the group members shall then be asked to offer their solutions anonymously. They should answer the carefully designed questionnaires. Third, all the answers of all the members are then compiled and are also sent to all members in the group. After each of the members has already carefully evaluated each of the group member’s answers, they are then asked to generate new individual solutions. Lastly, until a consensus problem solution is arrived, steps 3 and 4 will be done repeatedly.
The advantage of practicing the Delphi technique is they do not have to meet face to face. This is important to those members who are geographically separated or to those who are too busy to meet.
Answer: Option A -- Create a free -trade zone for United States, Mexico and Canada
Explanation:
NAFTA is an acronym for North American Free Trade Agreement, is an agreement signed in 1st of January, 1994 by the trio - USA, Mexico and Canada, creating a trilateral trade alliance in North American, and purposely to create a free-trade zone for the trio -- USA, Canada and Mexico. NAFTA overrides the Canada -USA free trade earlier signed in 1988.
