Answer:
E) Suppliers
Explanation:
Suppliers or vendors are the companies that provide the materials, components, services and intermediate goods that our company requires for its production or manufacturing processes.
The task environment that surrounds our company is made up of our suppliers, customers, strategic partners, regulators and competitors. They all define the market in which our company participates in.
Answer:
Net price is the actual price a buyer/consumer will pay.
Answer: B. Equity theory
Explanation:
Equity Theory is based on the idea that individuals are motivated by fairness. In simple terms, equity theory states that if an individual identifies an inequity between themselves and a peer, they will adjust the work they do to make the situation fair in their eyes.
Equity Theory calls for a fair balance to be struck between an employee's inputs (hard work, skill level, acceptance, enthusiasm, and so on) and an employee's outputs (salary, benefits, intangibles such as recognition, and so on).
The theory is built-on the belief that employees become de-motivated, both in relation to their job and their employer, if they feel as though their inputs are greater than the outputs and if they are not treated fairly compared to their peers.
Answer:
The correct answer is A) the role of the government should be limited, since the market will always be self-correcting.
Explanation:
Principle of minimum state intervention, free market or laissez faire: at least government, the best, economic processes were considered as capable of self-regulation, in other words, economic forces themselves will direct production, exchange and consumption to Its most efficient level. State action must be confined to enforcing individual rights (especially property rights), providing national defense and some public services of general interest (justice, some types of education, etc.).
