The agreement stage incorporates four key problem-solving steps. Each is briefly described below:
- Brainstorm as many solutions as possible: in the first step, several possible solutions to a problem are analyzed so that the best optimal solution can be considered.
- Develop an action plan: in this stage, a comprehensive plan is developed in which tasks are assigned to respective individuals with the resources to be used and the required amount of time to complete the tasks.
- Implement the action plan: this is the execution phase where the actual implementation of tasks is performed based on the requirements mentioned in the action plan.
- Evaluate outcomes and the process: this is the last step in which generated results and outcomes are evaluated to check if they are implemented as intended.
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Answer:
no
Explanation:
An investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future.
Answer:
Say's law in economics is the ability to purchase something depends on the ability to produce and thereby generate income.
Answer:
C
Explanation:
The production possibilities curve illustrate the tradeoff facing an economy producing two goods. The production possibilities frontier shows all the possible combinations of the two products using all the available resources.
If all the available resources are being used, increasing the production of one of the goods means decreasing the production of the other good.
All points in or inside the frontier are attainable.
Answer:
a. 15
b. Since is a left tailed test the p value would be:
p_v =P(Z<-3.263)= 0.000551
Explanation:
a. 25% of 60 businesses surveyed=
25/100 x 60= 15
b. See attached image for solution
