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Oduvanchick [21]
2 years ago
11

A firm's strategic choices and leadership approaches need to: a. be rigid and concrete to be effective. b. adapt and change to r

etain their
Business
1 answer:
pantera1 [17]2 years ago
6 0

Answer:

This question is incomplete, there are two options that remain missing. The complete options are the following:

A) Be rigid and concrete to be effective.

B) Adapt and change to retain their relevance.

C) Be independent of each other.

D) Steer clear of cultural and socioeconomic influences.

And the correct answer is the option B: Adapt and change to retain their relevance.

Explanation:

To begin with, when it comes to terms of leadership and strategic choices the managers of a company or its members who are the ones responsibles for those matters need to understand that both of those concepts have always to be adaptative and flexible in order to retain the relevance that they have in company and its environment. And that is mainly because the context of the organization is always changing and the leader must be updated with all the new ways to take action and therefore to change the strategic choices that he might choose while taking the decision making process.

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Answer:

the true cost (opportunity cost) of going trekking is what the amount that you could have earned from your part time job on that day instead of going trekking. If you were planning to to study, then the true cost of trekking with your friend would be the loss of all the potential knowledge that you could have gain from studying.

Explanation:

opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.

7 0
3 years ago
Which of the following people is considered to be in the labor force? Select all that apply: Gina is a stay-at-home mom and volu
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Answer:3

Explanation:

niot sure

4 0
3 years ago
Two goods are considered to be related goods by many buyers: if the price of one increases, buyers buy more of the other. This i
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Answer: False.

Explanation:

False.

This indicates that the two goods are substitute goods, not the complementary goods.

In case of complementary goods, the price of one good is inversely related with the demand for other related good. For example, car and petrol; if the price of petrol increases as a result demand for cars decreases.

In case of substitute goods, the price of one good is directly related with the demand for other related good. For example, tea and coffee; if the price of coffee increases as a result demand for tea increases. So, there is a positive relationship between the price of one good and demand for the other good.

3 0
2 years ago
Suppose your firm receives a million order on the last day of the year. You fill the order with million worth of inventory. The
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Answer:

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b. Earnings. - Increase by $3 million

Earnings in this case are revenue less the cost of inventory which will be;

= 5 - 2

= $3 million

c. Receivables - Increase by $4 million

The customer paid $1 million upfront which means that they still owe $4 million out of the $5 million. This will go to the receivables account to show that the customer owes the business.

5 0
3 years ago
Suppose the market for corn is a purely competitive, constant-cost industry that is in long-run equilibrium. now assume that an
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After all resulting adjustments have been completed, the new equilibrium price will less than the initial price and output. The same will happen to the industry output. In each situation in which <span>an increase in product demand occurs in a decreasing-cost industry the result is: </span>the new long-run equilibrium price is lower than the original long-run equilibrium price.
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2 years ago
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