Answer:
Explanation:
Based on the information provided within the question it can be said that this scenario has led to the United States adding more planned elements to the economy. They are doing this in order to prevent the market from hitting a pure market economy and remaining balanced towards a more planned economy.
Nokia's workforce experienced interruptions as a result of transformations. Old talents became less significant and new skills were required. Employers needed encouragement from managers to adjust to the changes. Managers needed to be leaders.
<h3>
Leadership Qualities of a Good Manager</h3>
- Motivates Others: This might be the most crucial characteristic among all those that distinguish successful managers. An organization's success is frequently fueled by its capacity to empower team members and support each individual's pursuit of excellence.
- Demonstrates Honesty and Transparency: The latter category includes good managers, who typically exhibit a high degree of candour regarding their work. Because of this, both their managed staff and their overseeing executives are confident in their managerial abilities.
- Effectively communicates: Employees are having trouble understanding a manager's requests if poor communication is present. A good manager has strong, situation-specific communication skills. He or she might be able to convey strategic goals to a room full of executives as well as identify extremely specific goals for a project team.
Learn more about good managers here:
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Answer:
Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change.
Explanation:
Yes, regardless of whether we are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change. Because there is very strong interlink between the elements of an economy and there are interlinked quite perfectly as well. As we have two main parts of an economy which are organisations and households, which have coordination in three different types of markets which are goods and services, labor and financial market. Organisations sell their products to the households. Money taken from household is taken by firms. Organisation needs to have people in order to make their products so the money flows to the labor market simultaneously as well. Organisations put their savings and profits whit the financial institutions and in this way money flows and all of these factors are interlinked with one another.
Answer:
a competitive landscape has to do with the analysis which start with an attempt to identify and understand competitors, then followed by an analysis of their strengths and weaknesses and how the target business can be improved upon.
Explanation:
Globalization is known actually lead to increased competition. This competition can be related to product and service cost and price, target market, technological adaptation, quick response, quick production by companies and so on. while technological advances in areas like internet useage and mobile phones can lead to competition, lowered prices, and concurrent improvements in related areas such as mobile banking and information sharing.
Answer:
Compound interest pays interest on the principal and the interest
Explanation:
Compound interest is preferred because it calculates interest on the principal amount and the accrued interest. In compounding interest, the interest earned in the period is added to the principal to become the new principal amount. Interest earned at the end of every year will higher than the previous period as the principal amount increases at the beginning of a period.
Interest earned by the compound interest method grows much faster compared to the fixed-rate interest method. Investors wishing to have better returns from their savings will prefer the compound interest method.
