Communicating is a very complicated task that takes a lot of patience. You must have the ability to hear and listen to each opinion or idea while taking into account their perspectives and where they are coming from. In this sense, you must also apply your own opinions and ideas while continuing to respect others. Although, listening and speaking to one another is but one of the levels that go into the success of holding dynamic communications. As humans, we tend to notice the smallest details of one person such as facial expressions, tone of voice,
body movements, etc. and we analyze all of these details in order to decide who they are, what they are feeling, what type of personality they have, and how we will react to this person. Because it always important to be aware of what impression you are giving off towards people as well as being understanding of their point of view in order to have dynamic communication.
Keynes would predict that aggregate income would decline, but rise in the future, if the additional savings were not translated into investment.
According to the Keynesian model. the government puts price controls on the economy, keeping the price level fixed.
Globalization can create more opportunities for marketers but along with that comes more pressure because they must take into account T<u>hey will standardize them whenever possible.</u>
<h3>What is
Globalization?</h3>
The contact and integration of people, businesses, and governments around the globe is known as globalization (Commonwealth English; see spelling variations). Since the 18th century, globalization has accelerated due to advancements in communications and transportation technologies. The expansion of international trade and the sharing of ideas, beliefs, and cultures are both results of the increase in global relationships. The main function of globalization is an economic process of connection and integration that has social and cultural components. However, the history of globalization and contemporary globalization both include significant amounts of disagreements and international diplomacy.
Globalization affects the economy in terms of commodities, services, information, technology, and financial resources. The opening up of international marketplaces has a liberating effect on trade in products and money.
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Answer: The Mexican trip with his best friends
Explanation:
Ryan cannot choose both options and thus has to make a decision of which option to take. Therefore he automatically sacrifices the other option. This type of decision is relevant and is known as a relevant cost. Relevant costs are costs that differ between alternatives, and thus influence the decision that you will make.
Opportunity cost is a type of relevant cost. This is the option that is given up / sacrificed when one option (laptop) is chosen over another (Mexican trip). In this case the opportunity cost is the Mexican trip when the laptop is chosen.
