I believe he was successful due to his innovative production methods.
Hope this helps!!
Friedman and Phelps suggested that there should not be a stable relationship between inflation and unemployment, but there should be a stable relationship between: unanticipated inflation and cyclical unemployment.
<h3>What is inflation?</h3>
This is the time in the government or the economy of a nation where they are faced with the rise in the prices of goods and services.
This may cause people to lose their jobs and also cause people to buy less of goods and services.
Read more on inflation here:
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Answer:
The firm will needto borrow 6,500 to achieve their minimum cahs balance and pay their budgeted expenditures
Explanation:
July
beginning $ 4,500
receipts $ 50,000
disbursement+ $ (56,000)*
subtotal $ (1,500)
minimun $5,000
Financing needs: 5000 - (-1500) = 6,500
payment/loan $6,500
*sum of cash payment for purchase of materials, operating expenses and capital expenditures
Answer:
<u>climate for service.</u>
Explanation:
The climate for service in an organization refers to organizational aspects that are shared by all employees, they are the organizational culture, the policies, the communication process, the management model, the organizational strategy. All these aspects will influence the perception of employees, so it is important that the organizational culture is focused on the positive motivation and appreciation of the professional, because it is essential that the employee identify with the business values, feel motivated and valued to exercise and value. develop their competencies for the accomplishment of the organizational mission.
A manager is considered efficient and effective if the manager<span>reaches goals and does not waste resources</span>
