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insens350 [35]
3 years ago
10

Explain the difference between an absolute minimum and a local minimum.

Business
1 answer:
Crank3 years ago
5 0

Answer: An absolute minimum occurs at the x value where the function is the smallest, while a local minimum occurs at an x value if the function is smaller there than points around it (i.e. an open interval around it)

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the biggest challenge facing the growth of new franchises is: A) market saturation B)competition from independent entrepreneurs
Furkat [3]

Answer:

(A) market saturation

Explanation:

A franchisee starts a new franchise by entering into a franchising agreement with a franchiser to use its brand name and sell its products. The biggest challenge faced by this new franchise is market saturation.

This occurs because<u> the presence of other similar businesses, whether franchises or independently owned businesses in the market, creates lots of competition for the new franchise.</u>

6 0
3 years ago
Wnich of these skills is the cognitive ability to see the organization as a whole and the relationship amon parts? a. Human b. R
katrin2010 [14]

Answer:

c. Conceptual

Explanation:

The skill that best suits the cognitive ability to see the organization as a whole and the relationship between the parties is the conceptual skill.

This is an essential skill for managers who will manage the systems that comprise the organization, because through conceptual skill it is possible to learn through experience, planning, innovation through ideas and solutions, which can help the manager to order the leadership and decision-making process effectively for the company as a whole, in addition to facilitating the process of assertive communication aimed at employee engagement and other variables that promote continuous improvement in the company.

4 0
3 years ago
The opportunity cost of an action is
gogolik [260]

Answer:

d. the highest valued alternative forgone as the result of choosing an option

Explanation:

An opportunity cost is anything that you sacrificing one thing for the other due to lack of recources and Scarcity of time

For example leisure time and working hours

6 0
3 years ago
A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the
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Answer:

sersu4s4rsw4jtrs5jr

f6fygof78

Explanation:

druxrtd6r]

6r77rf[7]

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7 0
3 years ago
The peripheral country dilemma of having constantly to borrow in order to fund economic development is known as:
Mariulka [41]

Answer:

debt trap

Explanation:

In simple words, debt trap refers to the situation when a company keeps on incurring debt for repaying off the loans taken earlier. It is called trap as the amount of interest on loan keeps on building up making it impossible for the firm to pay it off completely.

Usually the firms starts getting in debt trap when they lack of funds or due to failure of the specific project for which the loans has been taken specifically. Once the firm gets inside such a situation stepping back becomes nearly impassible leading to complete shut down of the firm.

6 0
3 years ago
Read 2 more answers
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