Answer:
The correct answer is letter "A": Increase the bureaucratic oversight.
Explanation:
Bureaucratic entities have a well-structured hierarchy that must be respected by all employees. Workers have to transmit information from one unit to the next department in the hierarchy and the process is repeated until the message is received by a representative with decision-making who is a manager.
<em>Bureaucratic organizations processes are slow due to centralized decision-making. In an attempt to accelerate the completion of a project the bureaucratic schemed must be avoided. Increasing resource productivity, the working method or adding more employees and machinery to a project is beneficial to expedite its completion.</em>
<span>This is called a brand. This helps a company distinguish itself from other companies and in some circumstances, a brand might make the product more appealing to the customer by adding a certain personality to it. This helps the consumer relate to the product more.</span>
Answer:
b. surpluses of the commodity will develop
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.
If price ceiling is set above equilibrium price, suppliers would increase supply while consumers would reduce demand. This would lead to an excess supply and surplus in the economy.
When price ceiling is set above equilibrium price, it is known as a non binding price ceiling.
I hope my answer helps you
Scenario 2 would be correct
The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".
<h3>What is forced ranking?</h3>
The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.
The problem with forced ranking are-
- This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.
- Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.
The forced rankings beneficial from an employee perspective, here are reasons-
- This system teaches a manager how to assess employees objectively with the right management training.
- When the management system needs to be improved or formalised, forced rankings are advantageous.
- An essential component of business is analysing trends and developments.
To know more about example of forced ranking, here
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