<span>Gregory's rules of thumb, which he uses in decision making, are known as heuristics.
Heuristic refers to a solution to a problem - it is something you employ in order to achieve the best results possible. These methods you use may not be perfect, but they will help you do what you intended to do properly.
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Answer:
The right answer is C.
Explanation:
In an economic model, economic processes of a set of related variables are represented, they present arguments to justify economic policy at the national level, influence business strategies and provide economic advice to households.
Helping the correct allocation of resources both public and business management.
Answer:
see below
Explanation:
Other sources of job information are
<u>1. Trade or professional associations </u>
They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.
2<u>. Family and friends working in different organizations</u>
Close friends and relatives are an important source of information for vacancies existing in different workplaces.
<u>3. Educational institutions</u>
In some cases, employers share information on their available job opportunities with schools and colleges.
<u>4. Career or employment agencies</u>
Employment agencies have updated information on various labor requirements for different employers
Answer:
The correct answer is letter "D": All of the above.
Explanation:
Budgets are estimates of the expenses that may be incurred during the development of a project. Managers try to keep the expenditures as close as to the budget to make sure a reasonable amount of resources were used. Though, disadvantages of counting on budgets are, for instance, that they are set mostly to a single level of activity without considering adjustments that might be necessary as a result of external changes; also, budgets are a constraint for projects since the executive responsible must monitor how the resources are spent periodically to find out if they will be enough for the project completion.