Answer:
A rise in the productivity of a commodity or process that will result in increased production without increased input may be called a technical improvement in the economy. It consists of three stages: the development of a new product or process. Innovation – the first time innovation has been applied.
Technology is at an astonishing rate transforming our world. In a few short years, we have been able to connect and learn about the environment on the internet, smart devices, and social media. This opens up new vehicles for the dissemination of truthful and false knowledge and brings new voices to the public dialogue of society. The internet's invasion of the real world by means of trillions of computers that are accessible digitally for the "Internet of Things" has created new possibilities for productivity and entertainment. And when we transition to a more integrated, open environment than ever before, we must still expect technical shifts.
Answer:
True.
Explanation:
The bullwhip effect can be explained as an occurrence detected by the supply chain where orders sent to the manufacturer and supplier create larger variance then the sales to the end customer. These irregular orders in the lower part of the supply chain develop to be more distinct higher up in the supply chain. This variance can interrupt the smoothness of the supply chain process as each link in the supply chain will over or underestimate the product demand resulting in exaggerated fluctuations.
CAUSES
There are many factors said to cause or contribute to the bullwhip effect in supply chains; the following list names a few:
1. Disorganization between each supply chain link; with ordering larger or smaller amounts of a product than is needed due to an over or under reaction to the supply chain beforehand.
2. Lack of communication between each link in the supply chain makes it difficult for processes to run smoothly. Managers can perceive a product demand quite differently within different links of the supply chain and therefore order different quantities.
3. Free return policies; customers may intentionally overstate demands due to shortages and then cancel when the supply becomes adequate again, without return forfeit retailers will continue to exaggerate their needs and cancel orders; resulting in excess material.
4. Order batching; companies may not immediately place an order with their supplier; often accumulating the demand first. Companies may order weekly or even monthly. This creates variability in the demand as there may for instance be a surge in demand at some stage followed by no demand after.
6. Price variations – special discounts and other cost changes can upset regular buying patterns; buyers want to take advantage on discounts offered during a short time period, this can cause uneven production and distorted demand information.
7. Demand information – relying on past demand information to estimate current demand information of a product does not take into account any fluctuations that may occur in demand over a period of time.
Answer: Risk
Explanation:
Risk a situation involving exposure to danger. In business there is something called business risk which outcome can be In two ways which can either be profit or loss.
Answer:
The correct answer is : C
Missing information:
a. score low on neuroticism and high on extraversion
b. score low on neuroticism and high on extraversion
c. score high on agreeableness and high on openness
d. score high on conscientiousness and high on openness
Explanation:
BFAS scales or better known as Big Five Aspects Scales is used to make clear the relation of personality to cognitive ability. This evaluates and measures how much a person is opened to new experiences related to what you are used to doing, facts in which your intellect can separate different situations
The answer is: After an accident with a red car last month, Giorgio gets nervous when he sees a red car, but not when he sees a red truck or van.
In classical conditioning, stimulus discrimination refers to the stimulus that create different response from you compared to other similar stimulus.
The discrimination could occurs if you experience positive things from the stimulus in the past (which make you addicted) or negative things from that stimulus (which made you traumatized). In Giorgio's case, the stimulus discrimination occurs because he experienced a traumatic experience with a red car, which influence his nervousness every time he see one.