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3 years ago

Which two management perspectives typically consider an organization to be a closed system? Check all that apply.

Business

1 answer:

Nookie1986 [14]3 years ago

3 0

Answer:

Classical management viewpoint

management science perspective

Explanation:

As the name suggests the closed system refers to a system in which the company is operating at their own without any influence to be done from the outside world

The classical management theory refers to the theory that depends on the trust that the employees have two needs i.e. physical and economical. Neither they have social needs, nor job satisfaction, etc

Management science perspective refers to a solving a problem and take the decisions that are beneficial for an organization

Therefore these two should be considered as a closed system

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Imprudential, Inc., has an unfunded pension liability of $750 million that must be paid in 17 years. To assess the value of the

Lana71 [14]

Answer:

$202,701,713.58

Explanation:

Present value of this liability = Value of liability / ((1+r)^t)

Present value of this liability = $750 million / ((1+0.08)^17)

Present value of this liability = $750 million / (1.08)^17

Present value of this liability = $750 million / 3.7000180548

Present value of this liability = $202,701,713.5840815

Present value of this liability = $202,701,713.58

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3 years ago

The normal-form game box below outlines a generic game for two players to illustrate basic principles. Each player has two strat

tatiyna

Answer:

1. c) b>d

d) c>g

2. No dominant strategy equilibrium is also a Nash equilibrium.

Explanation:

Payoff matrix are used in business as it represent the possible outcomes of the decisions made. In the given scenario player 1 and player 2 have different outcomes based on the game matrix. The player 1 will get best possible payoff when he falls in Top Left matrix. This is dominant strategy which must be Nash equilibrium.

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2 years ago

The purpose or objectives of competition policy

denis23 [38]

Answer:

to encourage creativity

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3 years ago

He schedule below represents the willingness of a typical consumer to pay for wine in a year. Suppose there are 10,000 identical

natta225 [31]

Answer:

a. $30,000.

Explanation:

Willingness to pay is the highest amount a consumer would be willing to pay for a good or service. In this example, the willingness to pay is $50.

Consumer surplus is the difference between price of a product and the willingness to pay.

To calculate the total consumer surplus , refer to the attached image, the consumer surplus is the shaded triangle.

The total consumer surplus = 1/2 base × (height)

The height is the difference between the willingness to pay and the price of the wine = $50 -$30 =$20

The base is the total quantity purchases at $30 =

1/2 × 3 × ($20) = $30

There are 10,000 consumers, therefore consumer surplus =$30,000

I hope my answer helps you.

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2 years ago

Ina Vestor has a brokerage account with one of the remaining large investment firms. This morning her broker called asking if sh

SIZIF [17.4K]

Answer:

<em>Primary Market</em>

Explanation:

A primary market <em>announces new bonds to get funding by debt-based or equity-based bonds on an exchange for businesses, governments, and other entities.</em>

Primary markets are promoted by subscribing investment bank groups that set a starting price target for a provided security and monitor its sale to shareholders.

After the initial purchase is complete, additional selling takes place on the secondary market, where the majority of trade takes place every day.

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2 years ago