Answer:
A culture of leadership <u>Excellence </u>and <u>Integrity</u> is created when people at all levels genuinely expect each other to be credible, and they hold each other accountable for the actions that build and sustain credibility.
Explanation:
The above approach of excellence and integrity refers to adaptability and ethics amongst the employees. Excellence is something which is the maximum desired level attained whereas integrity refers to the traits of honesty and abiding by moral ethics.
Leadership excellence and integrity is when there is immense mutual trust between one people. This trust leads to genuine expectations at both ends wherein credibility and accountability is expected.
Such actions are expected by both parties which lead to a credible environment and it is desired to maintain and sustain that credibility.
Answer: B- Decrease
Explanation: the cycle time will decrease when there is no other changes made with buffers process and the utilization of process increases.
Explanation:
The flood will lead to the destruction of the resources in the country.This will result in the shifting of the PPC curve leftward in the economy.
Earlier PPC is represented by PP curve.After the floods and destruction of resources,the curve shifts to P1P1.It is due to the availability of the number of possible combinations which decreases with the destruction of resources.
Answer: Government regulation, Economies of scale
Explanation:
Barriers to entry refers to the restrictions that are imposed on the entry of a new firm or business into the market. These can be,
a). <em>Government regulation</em>- Sometimes the government puts many restrictions on the entry of a new firm. These can be license requirement or by limiting the availability of a resource.
b). <em>Economies of scale</em>- These refer to the efficiency in production that occurs when one firm grows larger in size and is able to cover the entire market at a lower cost than many small firms producing the same good in smaller quantities. The cost of production is lower for a single firm than for many firms.