Answer:
<em>The resource allocator role</em>
Explanation:
The role of resource allocator is among the four decisive management positions, as its primary objective is on decision-making and implementation.
Knowledge of the resource allocator and other management positions makes it possible for both new, trained and experienced supervisors to understand the work of a manager.
The answer is: Angel investor
Angel investors only injected their capital with the businesses if they believe that the leaders are capable in making the decision by their own.
This hands-off approach in investments tend to be reall risky. But Angel investors tend to be wealthy enough to the point where they can afford the financial blow back even if a couple of their start up investments fail.
Answer:
MPC = 0.4
Explanation:
Multiplier shows change in income due to change (increase) in investment, or change (decrease) in tax. It is calculated by Marginal Propensity to Consume, as follows -
Multiplier ie k = Δ Income / Δ (govt investment or tax) = 1 / (1 - MPC)
Given : ΔG ie tax fall = 60 ; Targeted income rise = Full employment - actual output = 2000 - 1900 = 100
k = ΔY / ΔG = 100 / 60 = 1.67
k = 1 / (1 - MPC) → 1 - MPC = 1 / k → 1 - MPC = 1 / 1.67 → 1 - MPC = 0.6
MPC = 1 - 0.6 → MPC = 0.4
Answer:
free rider
Explanation:
Free Rider is someone who would not choose to pay for a certain good or service, but who would get the benefits of it anyway if it were provided as a public good.
Porter’s competitive strategies that are appropriate responses respectively
1) Differentiation 2) Focused-differentiation
3) Cost-leadership 4) Cost
<h3>What is porter’s competitive strategies ?</h3>
Using the constraints of its preferred market scope, a company attempts to gain a competitive edge according to Porter's generic tactics. There are three types of generic strategies: focused , differentiating, or lower cost.
One of two strategies for gaining a competitive edge is available to businesses: either decreasing costs in comparison to its rivals or differentiating along consumer dimensions in order to charge a higher price.
Additionally, a business chooses between two possibilities for its scope: focused (supplying its products to certain market segments) or industry-wide.
The decisions made in light of the kind and extent of competitive advantage are represented by the generic strategy. The concept was first presented by Michael Porter in 1980.
To learn more about porter’s competitive strategies
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