Answer:
Consumers must choose among alternative goods with their limited money incomes. The Utility Maximization rule states: consumers decide to allocate their money incomes so that the last dollar spent on each product purchased yields the same amount of extra marginal utility.
Answer:
The answer is - A. This policy can make coordination with headquarters problematic
Explanation:
The polycentric policy is an approach to international management which has to do with the hiring and promotion of employees who are citizens or nationals of the host country that operates the company. The employees who are citizens of the host country take on managerial positions in order to execute operations in the subsidiary company. This approach is also used to maintain low hiring cost as employing foreigners could cost more. However, this policy has some disadvantages, one of which is that it can make coordination with the headquarters problematic.
The knowledge gap can be directly attributed to the digital divide because the differential ability to access the internet leads directly to a differential ability to use the knowledge found on the Internet. The hypothesis of knowledge gap is that people with higher socioeconomic status get the information presented by mass media faster than those with lower socioeconomic status. As a result, this marks a difference between these two segments of society.
