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3 years ago

1. Differentiate between a group and a team.

Business

1 answer:

OleMash [197]3 years ago

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Answer:

A group is different from a team. The Ringlemann Effect does contribute to the modern day team dynamics.

Explanation:

A group is like an assembly of more than one person who coordinate their individual efforts. They do not have any common purpose to achieve. For example: a group of college students. On the other hand, a team is a group of people who have a common purpose and share a common goal. Like a team of people in office who work on a project.

The Ringelmann effect is the tendency in which productivity of individual members of a group decreases as the size of the group increases. For the development of modern-day team dynamics, the Ringelmann effect's contribution shows that the size of the team should be small so that each individual can contribute enough for the team.

Each team member of a highly effective team is intelligent enough to understand their tasks. They share common goals and achieve them by sharing a few moments of humor as well. They communicate well and have a strong leader.

Some of the barriers to teamwork include bad leadership, poor communication among the members of the team, personal clashes and also when the goal planning is not done adequately.

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In an unregulated, competitive market consumer surplus exists because:___________.

Paha777 [63]

Answer: some consumers are willing to pay more than the equilibrium price.

Explanation:

Consumer Surplus is simply the difference between the price that is paid by a consumer and the price that the consumer was willing to pay in the first place.

In an unregulated, competitive market consumer surplus exists because some

consumers are willing to pay more than the equilibrium price.

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2 years ago

Both competitive firms and monopolies produce at the level where marginal cost equals marginal revenue. Then, other things rema

maria [59]

Answer:

A. Competitive markets face perfectly elastic demand and marginal revenue, while monopolies face downward-sloping demand and marginal revenue.

Explanation:

In the case when competitive firms and monopolies generated at the level in which the marginal cost is equivalent to marginal revenue keeping the other things constant so the price should be less in the competitive market as compared to the monopoly because in the competitive markets it face perfectly elastic demand but in the monopoly it face the down ward sloping demand curve

Therefore the option a is correct

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3 years ago

A local college of business offers an outstanding graduate business school education program. Marissa pays the tuition to attend

rewona [7]

Answer:

Yes, it was a marketing exchange

The payment made of the tuition was exchanged for the knowledge that led Marissa to the new paid and satisfactory job.

Explanation:

Given that changing means taking one thing for another, in the context of marketing, we understand by exchange relationship an act of communication where the parts involved (two or more) make the offer and reciprocally deliver something of value ( comparison with other objects) and useful (measure of the satisfaction obtained when receiving something of value) that passes to the other part.

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3 years ago

In a production application involving a fixed setup cost and a variable cost, the use of __________ makes including the setup co

IRISSAK [1]

Answer:

The correct answer is binary variables.

Explanation:

A binary variable is one that can only have two possible values. They generally fulfill two essential characteristics:

1. They are made up of two exhausting values, which indicates that there is no other possibility of response. For example, a person is female or male.

2. Both values of the variable are exclusive, that is, it is not possible that both responses can be given, only one. In the same example above, a customer cannot be a woman and a man at the same time.

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3 years ago

Researchers assess the value of a project by comparing the Blank______ of answering some of their questions and the Blank______

-BARSIC- [3]

It should be noted that Researchers assess the value of a project by comparing the benefits of answering some of their questions as well as the cost associated with conducting the research.

<h3>What is a project?</h3>

A project can be regarded as an undertaking which is been carried out collaboratively and entail research or design, that is carefully planned to achieve a goal.

It is necessary for a Researchers to assess the value of a project by comparing the benefits of answering some of their questions .

Learn more about a project at;

brainly.com/question/4771644

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2 years ago