Answer:
Yes because it will always coast more
Explanation:
My Dad teach me about that hope this help.
Answer:
a. price ceiling, binding
b, price floor non binding
price ceiling, binding
c. price ceiling, non binding
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
Because price is set above equilibrium price, quantity supplied would exceed quantity demanded and there would be a surplus.
If price were set below equilibrium price (the price floor is non-binding) there would be shortages as quantity demanded would exceed quantity supplied
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Effects of a binding price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
Answer:
Net income % = Net income/Sales x 100
Ne income % = $44/$220 x 100
Net income % = 20%
Explanation:
Using vertical analysis, net income % is equal to the ratio of net income to sales multiplied by 100.
The concept of "meaning-mission fit" describes how executives with better fit between their personal intentions and their firm's mission care more about their employee's happiness, job satisfaction, and emotional well-being.
<h3>What is meaning mission fit?</h3>
A person's obligation to be trustworthy and dependable in their relationships with others is addressed by the concept of fidelity. Additionally, it entails maintaining promises, keeping commitments, and being trustworthy.
Some features of meaning-mission fit are-
- The notion that meaning matters is also part of contemporary business philosophy.
- The idea of meaning-mission fit describes how business leaders that have better personal objectives that are in line with the mission of their company are more concerned with the happiness, job satisfaction, and emotional health of their workforce.
- How people choose a career is crucial since work plays such a significant part in giving people meaning.
- The degree of enjoyment employees experience with their jobs is known as job satisfaction.
- Beyond their regular responsibilities, this includes their contentment with their coworkers and superiors, their satisfaction with the organization's rules, and how their job affects their personal lives.
Therefore, there are several criteria that can help person create a mission statement that successfully communicates the purpose and objective, but there is no one-size-fits-all approach.
To know more about the philosophy in marketing, here
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Answer:
<u>Vertical Linkages </u>
Explanation:
A linkage refers to a connect between two parts. In the organizational context, it refers to communication and coherence between different departments and levels.
Vertical linkage refers to the chain of command and assignment of responsibilities by top level management, vertically downwards to the lower level or operational level management.
Such a chain serves as a mode of communication and as means coordination within an organization.
Activities are performed and tasks are executed by the lower level management, which are consistent and in alignment with the top level management goals. The employees at lower level update their progress to the top level w.r.t the extent goals and targets have been met.
An organization may create such linkages via rules of hierarchy, creation of levels or establishment of formal system of management.
So during adverse times, such a linkage helps since, everybody is aware in advance what they are supposed to do and there is no ambiguity.