An organisation or a firm is an entity comprising multiple people with a collective goal related to external business environment. An organisation responds to the structure of its industry by choosing competitive strategy. Competitive strategies involves ways of competing in an industry using measures meant to outdo other competitors.
Answer:
Peer pressure.
Explanation:
Peer pressure: It is a common cause of employee resistance to change. This emotion is created by someone we already know to act in a certain way. The changes are influenced by an individual by a peer. Peer pressure brings changes to the attitude, behavior, values, taste, preference, etc. Even marketing companies use this influential pressure on the customer to make a purchase of particular goods available in the market.
In the given case, Min was influenced by her peer Tyler, who is direct getting affected by the change in product approval system, therefore, Min speaks out against the new system.
Answer:
The correct answer is letter "B": Economies of agglomeration; corresponding diseconomies.
Explanation:
Economies of agglomeration refer to a type of economy in which companies are located one close to another to take advantage of their core competencies. This economic structure typically helps businesses to reduce relocation and delivery costs increasing their profits but in some other cases, the costs could increase if some of the firms lost their economies of scale.
Thus, <em>metropolises in the U.S. must find ways to boost the benefit of economies of agglomeration minimizing the negative effects of the diseconomies of scale in which some firms might fall.</em>
Mary's role is that of a knowledge engineer.
A knowledge engineer is tasked with integrating certain knowledge into computer (in this case expert) systems, with the aim to solve very difficult problems that otherwise people would not be able to solve on their own.
Answer:
e. $90; $100
Explanation:
The reserve ratio also known as cash reserve ratio is the portion of deposit that commercial banks must hold onto, rather than lend out or invest. It is determined by the central bank of a country and it varies.
Deposit into local bank=$100
Reserve ratio=10%
reserve ratio=10% of $100
=10/100×$100
=0.1×$100
=$10
Bank reserve has increased by $100 - $10
=$90
Checkable deposit has increased by $100 dollars deposited.