Answer:
Individual rewards for contributions to the team
Explanation:
A team should share rewards among themselves not to individuals, because effective teams are made of collaborators not competitors. By giving individual rewards for contributions to the team it reduces how effective the team behavior is.
For example, if a particular team is giving certain rights over others, there may begin to exist a competitive spirit amongst the team.
Answer:
Product
Explanation:
Marketing mix involves four elements
a. product
b. price
c. place
d. promotion
The statement given indicates that the recipe of cookies focuses on the product element of marketing mix.
Answer:
Option (B) is correct.
Explanation:
The nominal exchange rate refers to the rate at which there is a buying and selling of goods and services among the countries. It is the amount of home currency that are needed to purchase a unit of foreign currency.
For example: A resident of India would need 75 Indian rupees to purchase a dollar of United States. Therefore, the nominal exchange rate between the India and the United States is as follows:
1 US dollar = Rs. 75
Since he is planning on an annual inflation rate of 2%., the statement that explains the interest rates relating to the CD is nominal interest rate is 3% while the real interest rate is 1%.
A real interest rate refers to the nominal rate which is adjusted for inflation.
- We are given that Interest (nominal rate) is 3% and planned Inflation rate = 2%
- Real interest rate = 1% (Nominal rate - inflation rate)
Hence, the statement that explains the interest rates relating to the CD is nominal interest rate is 3% while the real interest rate is 1%.
Therefore, the Option B is correct.
Read more about Real interest rate
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