Answer:
The concept of economic profit ....... <u>alternative</u> two options.
If economic profit is positive .......... <u>Current </u>option.
If economic profit is negative............ <u>Other </u> option
Explanation:
Economic Profit is the excess of revenue associated with an option, over its costs (explicit external & implicit opportunity costs).
Example : Revenue - Direct explicit cost of production - opportunity cost (like interest on money invested, salary of job left foregone).
The concept is used to make decision between two<u> alternative</u> options. Given, zero economic profits imply indifference.
Positive Economic Profit implies - one should choose<u> Current </u>option, as it will make <u>Better off </u>, having more benefit than other option
Negative Economic Profit implies - one should choose <u>Other </u> option, as it wil make better off, having more benefit than the former considered option.
It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market
<h3>Who are financial intermediaries?</h3>
This refers to those entities that acts as the middleman between two parties in a financial transaction such as a commercial bank, investment bank, mutual fund, or pension fund. They offer a number of benefits to the average consumer such as safety, liquidity, and economies of scale involved in banking and asset management.
However, It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market because only the buyers and seller influence an efficiency of the financial market.
Read more about financial intermediaries
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An inside director.
An inside director is someone who sits on the board of directors and is also an employee of the company (some board members are external non-employee advisors).
Answer:
A. she assumes that the employees are lazy and just throw in some random ideas when they have discussion meetings about their new product/service or an upgrade of the organisation's product/service. therefore since she assumes that they don't actually think to help give ideas, she decides that it is best to scold them when they aren't trying their best.
B. she assumes that her employees are responsible enough to find a way to keep themselves entertained while finishing their tasks.
C. she dosent trust her employees yet to let them take control without her being needed since she may assume that they aren't experienced enough or responsible enough to take huge responsibility yet.
D. she assumes that since they want to leave early all the time, they may not like their job very much and would want to get out of the company as soon as possible since there would be a chance that they would be stopped to help with extra work.
Team effectiveness can be judged by measuring the gainful yield of the group. On the off chance that a person on the group is not investing the exertion the improvement procedure can be longer. A gathering turns into a group when the accompanying criteria are met: Leadership turns into a common movement, Accountability shifts from entirely individual to both individual and group, The gathering builds up its own motivation or mission, Problem-fathoming turns into a lifestyle, not low maintenance action, Effectiveness is measured by the gathering's aggregate results and items. In light of contentions because of force, expert, and temperamental interpersonal connections, many works gathers never qualify as a genuine group.
