Answer:
Option (c) is correct.
Explanation:
Economics is the study of the choices that we have to make from the limited available resources. We know that the human wants are unlimited and the resources to satisfy these wants are limited. So, we have to use these scarce resources in a manner which gives the maximum utility from the resources. The scarce resources have to be rationally managed.
Businesses/producers make the goods and services that exist in the economy. Producers create goods or services that are available for consumers to purchase so that they are making a profit. Consumers need to be interested in the goods or services available so that the companies stay in business and help drive the economy.
Answer:
The contingency perspective assumes that the external environment is constantly changing, whether due to competition or customer preferences, while the evidence based management seeks to find ‘best practices’ with data-driven evidence to support solutions.
a. contingency perspective
b. Evidence based management
Explanation:
Management can be defined as the act of planning, directing and controlling people and resource to achieve set organizational goals. There are different perspectives of management. Some of the examples of management perspectives are; contingency perspective and evidence based management. They are further explained below;
a. Contingency perspective
The contingency perspective is a management theory that seeks to provide management solutions to the problems by examining the context of the problems. It involves assessing the external environment that coming up with a management solution that fits the problem. The external environment can be defined as anything outside the organization or the business that can affect the management of that organization or business. They include factors like; competition and customer preferences. Since the external environment is always changing, new and more efficient management techniques also need to be adopted as opposed to having one rigid management perspective. The contingency perspective has the advantage of learning from situations and utilizing the solutions that worked on similar problems in the future.
b. Evidence based management
Evidence management should be on the basis of critical thinking and the best method available considering accessible evidence. The evidence has to be factual data that can be used to formulate a hypothesis. Evidence always involves scientific research or something that is gained through experience that can be used to validate a claim. In the business world, most managers don't rely heavily on the evidence, rather they make their decisions based on evidence and best practices that have worked for other managers in the same situation. Evidence based management seeks to find ‘best practices’ with data-driven evidence to support solutions.
Answer:
in the wild, where she stories animals development and behaviour,and then travel to zoos where she report her findings
Investment banks focus primarily on the creation and sale of securities to help companies, governments, and large institutions achieve their financing objectives.
<h3>What are Investment Banks?</h3>
- A provider of financial services that serves as a middleman in significant and intricate financial transactions is known as an investment bank.
- When a young firm is ready to launch its Initial Public Offering (IPO) or when a company combines with a rival, an investment bank is typically engaged.
- Additionally, it serves as a financial advisor or broker for major institutional clients such as pension funds.
- An investment bank's advising division receives compensation for its services. Based on how well the trading division does on the market, commissions are earned.
- As previously mentioned, many also have retail banking divisions that generate revenue by lending money to individuals and companies.
To learn more about Investment banks refer to:
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