She should first establish a strategy and let that be her guide.
Strategy is a widespread plan to achieve one or more lengthy-term or normal goals under conditions of uncertainty.
The strategy is an action that managers take to reap one or greater of the organization's goals. strategy can also be described as “A fashionable path set for the company and its diverse components to acquire a preferred country within the destiny. approach results from the distinctive strategic planning system”.
A tactic refers to the precise moves taken to attain the set goals in line with the method. for instance, organization A's strategy is probably to end up the most inexpensive company in the smartphone market. Their managers then need to negotiate with suppliers to reduce the costs of the electronic additives utilized in production.
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Answer:
The quantity demanded will decrease by 2%.
Explanation:
This can be determined using the elasticity formula as follows:
e = Percentage change in quantity demanded change / Percentage change in price ........ (1)
Where;
e = elasticity of demand for college textbooks = -0.1
Percentage change in quantity demanded change = ?
Percentage change in price = 20%
Substituting the values into equation (1) and solve for Percentage change in quantity demanded change
-0.1 = Percentage change in quantity demanded change / 20%
Percentage change in quantity demanded change = -0.1 * 20% = -0.02, or -2%
Since the Percentage change in quantity demanded change is negative 2%, it implies that the quantity demanded will decrease by 2%.
Answer:
Equilibrium quantity would increase. there would be an indeterminate effect on equilibrium price
Explanation:
If fewer people go on vacation fewer people would board planes. As a result, the demand curve for planes would shift inwards. This would lead to a decrease in equilibrium price and quantity.
As a result of the higher cost of providing services, fewer planes would be in operation. This would lead to an inward shift of the supply curve. Equilibrium price would increase and equilibrium quantity would decrease.
Taking this two effects together, equilibrium quantity would increase. there would be an indeterminate effect on equilibrium price.
Answer:
$5,750,000
Explanation:
Given that,
Net working capital = $750,000
Current Liabilities = $2,000,000
Book value of the net fixed assets = $3,000,000
Net working capital = Current assets - Current Liabilities
Book value of the current assets:
= Net working capital + Current Liabilities
= $750,000 + $2,000,000
= $2,750,000
Book value of the firm's assets:
= Book value of the current assets + Book value of the net fixed assets
= $2,750,000 + $3,000,000
= $5,750,000
This productivity increase is best explained in term of OPERANT CONDITIONING.
Operant conditioning refers to a situation in which positive reinforcements are used to provide positive behavior. In operant conditioning, behavior is controlled by consequences. In the question given above, the positive reinforcement is the integration of the employees into profit sharing plan and the behavior that resulted from this is the significant increase in productivity.