Answer:
modular design
Explanation:
Modular design is when the faulty part of a system or process is being repaired in a piecemeal instead of replacing the whole system so that they can be more efficient. These means that the faulty parts are broken into smaller units and then rearranged to a larger unit hence increase efficiency. The idea here is not to replace the whole system but to fix or repair or change the faulty area.
Where modular design is adopted by a firm, there would be improvement and consistency in terms of whatever systems or products a firm might be engaging in.
Answer:
Skilled labor
Explanation:
As per the modern economic growth theory, the economic growth would be possible via expenditure done on research & development and have the knowledge regarding innovations so for this the skilled labor is required that helps in research & development and so for innovations
So as per the given statement, the skilled labor is the correct option
Hence, the same is to be considered
Answer:
The government can increase spending or decrease taxes.
Explanation:
In order to correct recessionary gap, the government can adopt expansionary fiscal policy. The government can increase spending, it will increase production, employment and aggregate income.
The other tool that the government can use is taxes. The government can decrease the tax rates. This will cause the disposable income of the consumers to increase. This will further cause the consumer spending to increase. As a result, production, employment, and aggregate demand will increase.
Answer:
Dynamic effect
Explanation:
Social media has a dynamic effect in businesses, customers can easily request for assistance and receive on -the-spot solution. Customer feedback can be given through social media which can now be used to improve service.
Sol Wave House Hotel is using Twitter for quick resolution of customer problems and questions.
Answer:
Jeffrey Preston Bezos
Explanation:
Jeffrey Preston Bezos is an American investor, business tycoon, media proprietor, and he is founder and executive chairman of Amazon. Although, he had served as the chief executive officer (CEO), president and chairman of Amazon before becoming its executive chairman.
He was born on the 12th of January, 1964 in Albuquerque, New Mexico, United States of America.
According to Forbes magazine, Jeff currently has an estimated net worth of two hundred and five (205) billion dollars, making him the richest man in the world and on Earth.
In conclusion, Jeffrey Preston Bezos is the richest person in the world.