Yes, this encourages the buyer to pay more for an item especially if it is by a well known branded. This gives them to opportunity to brag and boast with their purchase. Also when the product is well known consumers are going to try their absolute best to buy it, this is going to make the product scare, hence increasing its price.
Answer:
REAL GDP
Explanation:
GDP typically used as a variable to measure a nation's economic strength within a certain time period. But often time, the value of GDP is a little bit jaded. If the inflation is high, an increase in GDP doesn't really mean that the country become more productive.
This is why there are many experts prefers to use REAL GDP as a more accurate unit to measure the economic strength.
Answer:
In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”
Explanation:
Answer:
Allocated to expense over the service period which usually is the vesting period.
Explanation:
The compensation associated with restricted stock units (RSUs) under a stock award plan is Allocated to expense over the service period which usually is the vesting period.
The compensation associated with restricted stock units (RSUs) under a stock award plan is computed as
Number of shares represented by the RSUs * market price of an unrestricted share of the same stock.
Answer:
Any enumeration of business processes should strive for a reasonably detailed outcome, which needs to be aligned with the organization’s specific goals of process management. For most organizations, as a rule of thumb, this will boil down to a dozen to a couple of dozens of business processes. Very large and diversified organizations might be better off with identifying a couple of hundred processes. To illustrate this: Within a multi-national investment firm, which employs close to 3,000 staff and holds assets in the range of € 300 million 120 different business processes have been identified. To each of these business processes a process owner is assigned, who oversees the performance of the process and monitors the achievement of its objectives in terms of customer satisfaction, profitability, and accountability. Detailed process models are kept up-to-date, both as a means for documenting planned changes to any process and for satisfying the requirements of financial authorities. By contrast, for a small medical clinic in the Netherlands, which employs medical specialists, nurses, and administrative staff, 10 different treatment processes have been identified. A few of these have been mapped in the form of process models and are now in the process of being automated with a business process management system. For all other processes, it is sufficient to be aware of the distinctive treatment options they can provide to different patient categories.
