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kupik [55]
3 years ago
13

The world price of a ton of steel is $1000. Before Russia allowed trade in steel, the price of a ton of steel there was $650. On

ce Russia allowed trade in steel with other countries, Russia begana. exporting steel and the price per ton in Russian remained at $650b. exporting steel and the price per ton increased to $1000.c. importing steel and the price per ton in Russia remained at $650d. importing steel and the price per ton in Russia increased to $1000.
Business
1 answer:
Arte-miy333 [17]3 years ago
6 0

Answer:

The correct answer is B

Explanation:

Export is the term which is defined as the goods and the services which are produced in one country and the residents of the other country purchased or bought it.

In short, it means that produced domestically, and then sold it to the foreign country.

Under this situation, the world price of the steel is $1,000. And the Russia started to export the steel so, it will lead to exporting the steel and the price would be $1,0000.

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The benefits of belonging to professional organizations include the development of professional contacts and the opportunity to
ziro4ka [17]

Answer:

True

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Belonging to a professional organizations provides opportunity to share knowledge and experience and learn from others. It also avails one opportunity to share contacts with other professionals who may be of help in   securing business opportunities and resolving business issues .

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3 years ago
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When management and supervisors’ treatment of an employee largely determines that employee’s performance. This is an instance of
Vesnalui [34]

Whilst supervisors look at terrible overall performance in an employee, they're maximum in all likelihood to blame the employee for missing potential.

Whilst businesses treat personnel pretty, everybody wins

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  • providing employees with possibilities to offer input/remarks.
  • Acknowledging employees' contributions.
  • Making time for personnel to provide input on decisions while feasible.
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Treating personnel with admiration, showing appreciation for their paintings, and being an encourager will create a preference in personnel to additionally treat clients and clients properly. it will contribute to better productiveness tiers and profitability. It makes employees need to return to work and no longer dread it.

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5 0
1 year ago
What the reasons for creating the necessity for restructuring the Organization Structure?
Nataly [62]

Answer:

To execute new strategy

Explanation:

Firms and organisations on a quarterly or yearly basis try to change their business strategies to improve revenues and to compete in the market. Overall, implementing a new strategy is complex and it is important to perform restructuring in order to effectively apply a strategy. A restructuring process helps to easily adopt a strategy without complexities.

4 0
3 years ago
Press conferences serve which of the following purposes for an organization?
Masteriza [31]

A press conference serves to answer question regarding the organization and any information that the organization wishes to share.

5 0
3 years ago
If you wish to have $60,000 in 8 years, how much do you need to deposit in the bank today if the account pays an interest rate o
liberstina [14]

Answer:

PV= $30,111.98

Explanation:

Giving the following information:

Future value= $60,000

Number of periods= 8

Interest rate= 9%

<u>To calculate the initial investment, we need to use the following formula:</u>

FV= PV*(1+i)^n

<u>Isolating PV:</u>

PV= FV/(1+i)^n

PV= 60,000 / 1.09^8

PV= 30,111.98

5 0
3 years ago
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