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AfilCa [17]
3 years ago
14

Examine transnet in terms of the characteristics of a monopoly

Business
1 answer:
lukranit [14]3 years ago
6 0
Transnet is South African transportation sector company. This company included freight, logistic, and rail transportation in its business. For a decade, the Transnet Company have enjoyed the monopoly market in fright, logistic, and rail transportation in South Africa. because they control every rail in South Africa back then.
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Overzealous pursuit of wealth, pressure to exceed performance standards, and a culture that values profits more than ethical beh
Licemer1 [7]

Answer:

are the primary causes of the majority of unethical business behaviors.

Explanation:

An ethic can be defined as a set of both written and unwritten principles, values or rules of moral conduct that guides (governs) human behaviors. It's a reflection that is typically based on identifying what is good or bad, right or wrong and just or unjust with respect to human behaviors.

Ethical issues are mostly complicated for businesses that operate in the global economy because different cultures have different norms and values.

Generally, some of the fundamental cause of unethical business behaviors across the world are;

I. Overzealous pursuit of wealth

II. Undue pressure on employees or the management to exceed performance standards.

III. A culture that values profits more than ethical behavior.

An ethical climate can be defined as a collection of behaviors that are considered to be acceptable and correct within an organization or business firm. Also, an ethical climate provides the human resources management of an organization with a framework or benchmark on how employee behavioral issues or ethical problems are to be managed or handled within the organization.

Thus, an organization with a strong ethical climate is generally considered to have an effective, conducive, just and optimum working standards for its employees and as such would significantly increase employee trust and commitment.

3 0
3 years ago
"distinguish between an absolute advantage and a comparative advantage. cite an example of a country that has an absolute advant
xxTIMURxx [149]

Answer:

Distinguish between an absolute advantage and a comparative advantage is discussed below.

Explanation:

Absolute advantage and a comparative advantage

  • Absolute advantage concentrates on the marginal cost of reproduction of an asset whereas comparative advantage characteristically concentrates on the opportunity cost of production.
  • Trading judgments based on comparative advantage between nations are forever respectively advantageous.

5 0
3 years ago
In comparison to the buying pattern of final consumers, the purchasing behavior of organizational buyers is
Jet001 [13]

Answer:

first and foremost influenced by the economic needs that they have for quality and reliability.

Explanation:

Based on the information provided within the question it can be said that the the purchasing behavior of organizational buyers is first and foremost influenced by the economic needs that they have for quality and reliability. Since consumers want to purchase a product they can trust that will not fail after purchase and will get the job that it is suppose to do, done.

3 0
3 years ago
Read 2 more answers
Satisfaction is one of the first and most crucial steps of the staircase of motivation because motivation provides comfort to in
babunello [35]

Answer:

True

Explanation:

Satisfaction on the job has to do with achieving one's set out personal goals and also attaining growth over time in the job. To achieve this, the manager has a role to play also because the function he performs to motivate the Employees will determine if they are satisfied or not, the manager can help each employee attain growth in their chosen path by helping down through the ladder with task that are related to thier field hence giving them a form of satisfaction on the job and also reward for extraordinary performance by the manager tends to motivate the Employee to want to do more.

Fulfilment on the job is dependent on how much of much set out task individuals are able to accomplish and in the bigger picture, rhe manager comes into the center stage.

8 0
3 years ago
Ari is a generous employer who truly values his workers. He is constantly praising the work his employees do and finds many ways
inn [45]

Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a <u>country club manager.</u>

<h3>What is a country club manager's style?</h3>

A country club manager's leadership depicts a manager who scores low on productivity but high on concern for people.

Country club managers are attentive to the:

  • Security
  • Well-being
  • Harmony of subordinates.

Thus, Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a <u>country club manager.</u>

Learn more about Country Club Managers at brainly.com/question/15877035

#SPJ12

6 0
2 years ago
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