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GaryK [48]
3 years ago
9

Ron,a new associate at Barkley and Sons,is working to cultivate personal relationships with individuals outside of his departmen

t,in hopes that someday these relationships will help him succeed professionally. Ron is developing which of the following?
A) Informal channel of communication
B) Personal communication network
C) Organizational grapevine
D) Focus group
E) Career pathway team
Business
1 answer:
scZoUnD [109]3 years ago
6 0

Answer:

B. Personal communication network

Explanation:

Personal communication network -

It refers to the method of establishing new connection or relation with various people, in order to expand his or her network, is referred to as Personal communication network.

The mode of communication can be with some digital gadget, telephone, or word to word communication.

Hence, from the given scenario of the question,

Ron tries to get to know various people, who may help to succeed in future.

As, connection with various people enables the person to get more and more knowledge and experience, thereby showcasing personal communication network.

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The dilemma is to decide whether to ignore mother's orders or comply with them in this situation.

<h3>What is Opportunity Cost?</h3>

Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.

In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.

However, if individual does cleaning of the lawn; the price would be the fun you would have to forgo.

The best course of action would be to obey your mother because the consequences of doing otherwise are much worse.

Learn more about Opportunity Cost here:

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7 0
2 years ago
You would like to establish a trust fund that will provide $50,000 a year forever for your heirs. The trust fund is going to be
Finger [1]

Answer:

$1,818,181.81

Explanation:

Data provided:

Amount that will be provided a year = $50,000

Expected rate of return = 2.75%

Now,

The Present value of perpetuity is given as:

Present value of perpetuity = \frac{\textup{Annual return}}{\textup{Expected rate of return}}

on substituting the respective values, we get

Present value of perpetuity = \frac{\textup{50,000}}{\textup{0.0275}}

or

Present value of perpetuity = $1,818,181.81

Hence,

The amount that must be deposited today to fund this gift is $1,818,181.81

5 0
3 years ago
The location-specific advantages argument associated with John Dunning helps explain why firms prefer FDI to licensing or to exp
harkovskaia [24]

Answer:

false

Explanation:

False. The location-specific advantages argument associated with John Dunning does help explain the direction of FDI. However, the location-specific advantages argument does not explain why firms prefer FDI to licensing or to exporting.

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Andean Pact, I believe it the correct answer! Hope it helps!
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An example of a natural monopoly product is...?
yarga [219]
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3 0
3 years ago
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