Answer: Option C
Explanation: In simple words, inelastic demand refers to a situation when the demand of the buyer does not change as per the price of the commodity. Thus, the price does not increase or decrease with decrease or increase in demand.
Hence the farmers should decrease the supply as there would be no profit for them to supply a product that has an inelastic demand.
Answer:
I think the customer will get upset.
The customer will think the salesperson is not ready to attend to him.
Answer:
Agency conflicts between managers and shareholders
1. A New Beginning (ANB)
A. Yes; Alexander is misappropriating some of Akiko's wealth by unilaterally purchasing a nonbusiness asset using ANB's funds.
2. The Green Zone Inc. (TGZ):
B. No; although an agency relationship exists between TGZ's management-including Tae as TGZ's chairman and CEO and the firm's shareholders-there is no agency conflict, because no expropriation or wasting of the shareholders' wealth has occurred.
3. In the best interest of shareholders, compensation packages should be structured in a way such that managers have an incentive to maximize the__LONG-TERM____value of the company's common stock price.
4. In addition to well-designed executive compensation packages, two other motivational forces can align the interests of managers with those of their shareholders.
a. Reward the manager with a combination of salary and stock options
b. Let the manager to understand that a takeover can happen if she does not perform well.
5. In the late 1980s and early 1990s, Congress passed legislation making it more difficult for outside investors to stage hostile takeovers. This legislation likely__increases____conflicts between managers and stockholders.
Explanation:
Agency conflicts of interest exist in any relationship where one party is expected to act in another's best interests. Agency problems or conflicts of interest usually exist between a company's management and the company's stockholders. But, it can equally exist in a relationship where one party acts against the interest of the other.
Answer:
A. He has made several significant contributions to the areas of organizational learning and change.
Explanation:
<em>Option B</em>: Peter Drucker was the first person to discuss MBO, not Peter Senge. So, this option is incorrect.
<em>Option C</em>: It is the function of management. Therefore, Peter Senge might contribute to this one, but there is no evidence. So, it is wrong.
<em>Option D</em>: Peter Senge advocated the scientific methods of management, but not for the determination of efficient production.
<em>Option E</em>: He does not contend with the bureaucratic structure. Therefore, it is wrong, either.
<em>Option A</em>: It is the answer because he has made several contributions to the areas of organizational learning through the establishment of the society of organizational learning.
234 with twelve chickens in a row of the other one