Self-monitoring is a personality attribute that entails the capacity to keep track of and control one's appearance, feelings, and actions in response to social contexts and circumstances.
As per the given question, it is seen that al the 4 candidates have a distinct quality that distinguishes them from each other. Tobias is although likeable, cooperative or understanding, he does not have the ability to self-monitor himself based on only these three factors.
Robin is introvert and still she is capable of interacting with client and team members efficiently. But an introvert person is not sociable to an extent outside the walls of her company. Therefore, she also lacks the quality of self monitoring.
As seen from the question, Martin is very sociable and very extrovert in nature which might later be a problem for him as he might not be able to keep him under control of his socialistic activities.
Therefore, the best person for the promotion would be Charlie, because he is aware of his surroundings and also self-monitoring is not being only social but also adhering to the needs of the organization. Charlie is aware of his project deadlines and is able to meet them on time and along with it, he is also creative and imaginative.
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<u>Solution and Explanation:</u>
Land = 430000 + 48000 - 6800 + 2050 + 1400 = $474650
Building = 2100 + 64000 + 700 + 1200000 + 1610000 + 220000 = $3096800
In the land, cost of land has been included and along with amount to raze old building is included. salvage value is subtracted and legal fees is included and insurance on property cost is also included in the calculation of land.
In the calculation of building, land survey fees is included, drawing of factory plans is included, insurance premium fess is included, instalments amounts is included and interest cost is also included.
Answer: AGREE
Explanation:
A Monopoly faces no competition and are the only sellers of the product they sell. If firms in an industry successfully engage in collusion, the resultant effect will definitely be not unlike a Monopoly because they will set prices as a single firm, control output as a single firm and essentially run the market as a single firm.
They will sell at a rate where the Marginal Revenue curve will be below the demand curve. This will mean a higher price than a competitive market which was probably the main incentive for collusion.
A recent example would be the collusion between BMW, Daimler and Volkswagen, to hinder technological progress in improving the quality of vehicle emissions in order to reduce the cost of production and maximize profits. Thankfully this was busted by the European Commission in 2019.
The government often plays some key roles in the economy. Redistributing income, providing a structure and promoting stability are the role of government.
Role of government
The government plays some key roles which are;
- They Provide legal structure.
- They are known to Redistribute income.
- Reallocating resources.
- They Promote stability.
The redistribution of income is known to be the distribution carried out again or anew.
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