Answer:
Explanation:
In a situation such as this one the individual workers and their families may be better off or may actually do worse due to the real wage rises in terms of agricultural goods but the real wage in terms of the manufactured goods will actually fall. Therefore it depends on the worker's unique situation and in which sector they are in which determines if they are better or worse.
Answer:
Option D. Both A and B
Explanation:
The reason is that the investment that are readily convertible to cash are less risk and as a result the investors are compensated with lower returns and vice versa. So the only statement that is not false statement is option C and the statement A and B are False.
Answer and Explanation:
The answer is attached below
Answer:
rationalization: (1) the action of attempting to explain or justify behaviour or an attitude with logical reasons, even if these are not appropriate.
(2)the action of making a company, process, or industry more efficient, especially by dispensing with superfluous personnel or equipment.
prototyping : (1)an experimental process where design teams implement ideas into tangible forms from paper to digital.
design determination : (1) Design and determination are semantically related in aim topic. Sometimes you can use "Design" instead a noun "Determination".
Explanation:
examples:-
(1) rationalization : a person who is turned down for a date might rationalize the situation by saying they were not attracted to the other person anyway. A student might blame a poor exam score on the instructor rather than their own lack of preparation.
(2) prototyping : cognitive representation of something within a certain category. ... So if you see another dog, you could say that other dog is small (compared to your prototype), heavy, ugly, beautiful, etc.
(3) design determination : testing a new depression medication
Answer:
1. Technology.
2. Social trends.
3. Economic shocks.
4. Political.
5. Nature of the workforce.
Explanation:
According to the amiable philosopher and mathematician, Alfred North Whitehead, "The art of progress is to preserve order amid change and to preserve change amid order."
The 5 specific forces acting as stimulant for change in an organization or business environment are;
1. Technology: it is a major external force, organizations should make use of new technologies, so as to maximize efficiency and increase productivity.
2. Social trends: social media changes can bring individuals together and influence their interests to share opinions, cultures perception and ideas.
3. Economic shocks: indices of gross domestic products such as unemployment, acquisitions, bankruptcy, recession impacts an organization.
4. Political: government policies, regulations and restrictions such as tax, minimum wage etc can cause a change in a firm. Companies should ensure they are operating at top notch in the competitive market.
5. Nature of the workforce: they should be able to adapt or respond to economic activities, such as demographic, immigration, multicultural society, etc.
Change agents in an organization are individuals acting as catalysts by assuming responsibilities for managing any of the aforementioned specific forces acting as stimulant for change.
