Answer:
Options 1 - 4 are True but 5 is FALSE
Explanation:
All options given are indicators of economic growth and strong economic performance
When considering the economic prospects of a country, it can be said that: 1. the advantages of building brand loyalty and gaining experience in a country's business practices is greater for a last-mover than for a first-mover <em>because the last-mover has the chance to learn from the mistakes of the first-mover and perfect on them</em>
2. countries which do not have property rights protection tend to achieve greater economic growth rates because<em> </em><em><u>prosperity and property rights are inextricably linked</u></em><em>. The importance of having well-defined and strongly protected property rights is now widely recognized among economists and policymakers</em>
3. the economic system and property rights regime are reasonably good predictors of economic prospects of a country because <em>widely accepted explanation is that </em><u><em>well-enforced property rights provide incentives for individuals to participate in economic activities, such as investment</em></u><em>, innovation and trade, which lead to a more efficient market.</em>
4. countries where property rights are not well respected and where corruption is rampant always have very low levels of economic growth because as stated in 3 above <u><em>ill-enforced property rights does not provide incentives for individuals to participate in economic activities, such as investment</em></u><em>, innovation and trade, which lead to a more efficient market.</em>
5.countries with command economies tend to achieve greater economic growth rates than free market economies.
<em>This is FALSE because one of the Command economy disadvantages include lack of competition and lack of efficiency.
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The correct answer would be D. Limited Partnership
Answer:
- <em>As explained below, given that the score of the person is among the 0.03125 fraction of the best applicants, </em><u><em>he can count on getting one of the jobs.</em></u>
<em></em>
Explanation:
The hint is to use <em>Chebyshev’s Theorem.</em>
Chebyshev’s Theorem applies to any data set, even if it is not bell-shaped.
Chebyshev’s Theorem states that at least 1−1/k² of the data lie within k standard deviations of the mean.
For this sample you have:
- mean: 60
- standard deviation: 6
- score: 84
The number of standard deviations that 84 is from the mean is:
- k = (score - mean) / standar deviation
- k = (84 - 60) / 6 = 24 / 6 = 4
Thus, the score of the person is 4 standard deviations above the mean.
How good is that?
Chebyshev’s Theorem states that at least 1−1/k² of the data lie within k standard deviations of the mean. For k = 4, that is:
- 1 - 1/4² = 1 - 1/16 = 0.9375
- That means that half of 1 - 0.9375 are above k = 4: 0.03125
- Then, 1 - 0.03125 are below k = 4: 0.96875
Since there are 70 positions and 1,000 aplicants, 70/1,000 = 0.07. The compnay should select the best 0.07 of the applicants.
Given that the score of the person is among the 0.03125 upper fraction of the applicants, this person can count of geting one of the jobs.
record book .................................................... .
The planning and preparation for the demobilization process by the managers should start at the same time that they will begin the resource mobilization process since in terms of both time of delivery and fee, demobilization that is planned early makes the transportation of assets as orderly as possible at it also facilitates accountability.
