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3 years ago

3. What is the difference between a desire-based message and a fear-based message?

1 answer:

3 0

A desire based message is to tell somebody what they want while a fear based message is to get something while intimidating the person who they sent/told it to

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Managerial economics can be applied to the non-profit organizations too. Justify this statement?

DIA [1.3K]

Managerial economics can be applied to the non-profit organizations too because it help them in organizing, and controlling their resources.

Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.

<h3>What is Managerial economics?</h3>

Managerial economics is an area of economics that is used for staffing, as well as controlling the resources of the organization.

With Managerial economics , one can carry out:

planning
directing
organizing

In this case, Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.

Learn more about Managerial economics at:

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1 year ago

Maurice can drive or fly from Jacksonville, Florida to Atlanda, Georgia, for a one-day business trip. If he drives, he will be a

ArbitrLikvidat [17]

Answer:

c. $150.

Explanation:

the extra amount of hours Maurice can work taking a flight will be of 5 hours

(8 hours taking a plane against 3 hours if driving)

As the income per hour is 30 dollar it can generate;

5 hours x $30 per hour = $150

Maurice will only travel by plane if it generates the same or more income than the driving thus, a differencial price of less than 150 dollars will provide Maurice with a net gain. Also we should consider that if Maurice drives his car it is taking a depreication hit per mile while driving that is being ignoer to keep the assignment simple. But considering that the amount of differential income could be higher than $150

8 0

3 years ago

Three contractors (call them a, b, and

patriot [66]

Answer: The probabilities of winning a contract are

$P(A) = \frac{28}{36}$

$P(B) = \frac{7}{36}$

$P(C) = \frac{1}{36}$

Let the Probability of C winning the contract - P(C) be 'X'

Then,

Probability of B winning the contract - P(B) will be '7X' and

Probability of A winning the contract - P(A) will be $\mathbf{P(A) = 4 * P(B) = 4*7X = 28X}$

Since the total of all the probabilities is 1,

$\mathbf{P(A) + P(B) + P(C) =1}$

$\mathbf{28X + 7X + X =1}$

$\mathbf{36X =1}$

$\mathbf{X =\frac{1}{36}}$

So,

$P(A) = \frac{28}{36}$

$P(B) = \frac{7}{36}$

$P(C) = \frac{1}{36}$

4 0

2 years ago

Cullen and MacNeil's is a printing press. It currently faces a threat from the electronic media. The company primarily views its

Elenna [48]

Answer:

Marketing myopia

Explanation:

Marketing myopia is a term that describes a situation in which a business or company is more focused on the products it offers rather than the customers. This term was coined by Theodore Levitt. Cullen and MacNeil’s can be said to be suffering from marketing myopia as the company’s program doesn’t take account of the changing lifestyle of the customers which tends to align towards electronic media, and as such would only be assuming there are no competitive substitutes for whatever products they are offering. We can say the company does not have the interest of customers at heart.

7 0

3 years ago

What is the role of Scientific management in the modern era?

rjkz [21]

The Scientific management in the modern era is management that analyzes and synthesizes workflows.

The role of Scientific management in the modern era is improving economic efficiency, especially in the labor productivity. It is a systematic approach to handle management problems. It implies scientific techniques in method of work, recruitment, selection and training of workers.

Scientific management in the modern era is helped in the enhanced production. The employees perform repetitive tasks and are therefore easily controlled by the management.

To know more about management here,

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6 0

1 year ago