Answer: an absolutely personal and independent activity
Explanation:
Since Schweitzer realized that direct human service can only be accomplished when one collaborates with an official organization, this shows that he wanted to be an absolutely personal and independent activity.
In such case, he wants an activity that will be free from the outside control. Other options are wrong as he wasn't really interested in funding of organizations, or increasing the number of official organizations that are dedicated to direct human service.
Answer:
B) find ways to cooperate with management in training workers and redesigning jobs.
Explanation:
Unions are interest groups that are formed by people who unite together to protect their interest within n organisation. The union seeks better working conditions, payment, bebefits, and so on from the employer on behalf of its members.
For the union to achieve its key goals, it needs to train workers and redesign jobs.
Training of workers improves the value an employee can add to the organisation. So the employee is more relevant to business needs of employers.
When jobs are redesigned employees are put in roles where they can add most value. This will increase their passion for the job and productivity.
Answer:
1. As the price level rises, the cost of borrowing money will <u>rise</u>, causing the quantity of output demanded to <u>fall</u>.
This phenomenon is known as the <u>Interest rate</u> effect.
When price levels rise, people will have to spend more on goods and services and hence save less. As they save less there'll be less loanable funds in the economy which will force interest rates (cost of borrowing) up. As there are less loans to give out and higher rates, people will borrow less and as a result will not demand as much because they can't afford it.
2. Additionally, as the price level rises, the impact on the domestic interest rate will cause the real value of the dollar to <u>rise</u> in foreign exchange markets. The number of domestic products purchased by foreigners (exports) will therefore <u>fall</u>, and the number of foreign products purchased by domestic consumers and firms (imports) will <u>rise</u>. Net exports will therefore <u>fall</u>, causing the quantity of domestic output demanded to <u>fall</u>. This phenomenon is known as the <u>exchange rate</u> effect.
As interest rates rise in the Economy, it will make the country a more attractive place to invest for foreigners so they will demand more of the local currency. This will cause a rise in the value of the domestic currency. This will make the exports of the country more expensive so less people outside will buy it but it will also make foreign products seem cheaper so the local consumers will import more.
A multinational corporation will fully benefit from economies of scale when its establish a subsidiary in a new market that can sell products produced elsewhere which allows for increased production and thus possibly greater efficiency.
<h3>What is an
economies of scale?</h3>
This refers to a situation whereby the average costs per unit of output decrease with the increase in output being produced by a firm.
Hence, it is agreed that any multinational corporation will be able to fully benefit from economies of scale when its establish a subsidiary in a new market that can sell products produced elsewhere.
Therefore, the Option D is correct.
Read more about economies of scale
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Answer:
a. lower than $0.50
Explanation:
As there is economies of scale, the cost per unit will decrease as the output increase. Because the cost for 1,000 units already is 0.50 per unit at a higher level of output 1,500 in this case; the cost per unit is forced to be lower to make the statement of economy of scale true.
