Current movement toward or away from style or interest is
A) trend
Explanation:
Trend is the word used to define what is in fashion at any given time in that what is being done by the most amount of people or what is being thought about by most of the people in a market.
This is also a volatile thing as often times there are many trends working at the same time and there is also a short life for most of the trends.
Some trends last for years and these ones are the most profitable to cash on in the long run as they give returns for a long time.
Answer and Explanation:
For Home Improvement Store (Acme) following are the implicit modelling assumptions or other qualitative factors which are relevant but not covered by the model:
1)Average customer footfall is considered at all times.
2)Seasonal effects are not considered. For example, boost in sales during festival times.
3)Employee absenteeism is not considered. i.e. all employees are expected to be present always.
4)Location is not considered to affect the change in scheduling activity.
5)Wages are considered to be uniform throughout and not affect employee performance.
Answer:
Avoids coordination expenses and delays.
Explanation:
Outsourcing can be defined as a type of business practice in which an organization assigns some of its activities to a third party. It can also be described as the practice in which a company hires another company to carry out various operations and tasks.
The importance of outsourcing include:
- It gives the organization access to more skilled individuals.
- it lowers the cost of production.
- it provides more flexibility to the employees.
- it enables the company to concentrate on more vital operations.
Answer:
D. The fundamental attribution error
Explanation:
The fundamental attrubution error is the likeliness for individuals to over emphasize personality based explanations for actions observed in others while under emphasizing situational explanations. It is a bias in which an individual action is said to depend on the type of person he is. What the individual committed in this case is fundamental attribution error also called correspondence bias or over attributional effect. With this bias, it is not believed that social and environmental factors influences individual actions.
