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Eddi Din [679]
3 years ago
14

ompanies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both c

ultural values and business performance.a. Trueb. False
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
5 0

Answer:

True

Explanation:

When a company has managers that pay attention to cultural values and business performance, the company will succeed. This is because the manager has effectively ensured that organizational culture is shared among all employees and as such helps to improve efficiency and performance of the company in discharging it responsibilities and meeting it's goals.

Cheers.

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Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the
Dmitriy789 [7]

Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the output. in business, this is called the "value-added" approach.

There is a correct theory called marginal productivity theory. Wages are paid at a level equal to the marginal revenue product of labor, the MRP (value of the marginal product of labor). MRP is the increase in income caused by the increase in output produced by the last employed worker.

The marginal productivity theory of income distribution proposes that each individual should receive income based on their contribution to total output. The marginal productivity theory of income distribution has been criticized for the following reasons. Income from inheritance is inconsistent with the theory.

Learn more about Marginal revenue here: brainly.com/question/13617399

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7 0
2 years ago
The core processes in a value chain must add value for the external​ customers, while support processes
shusha [124]

Answer:

B. are also part of the value chain

Explanation:

Value chain comprises two activities i.e primary activities and support activities.  

The primary activities include those activities which add the value to the customer through inbound logistics, outbound logistics, operations, and marketing sales and services

Whereas the support activities are those activities who support the primary activities. It involves procurement, firm infrastructure, etc

7 0
3 years ago
A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th
ozzi

Explanation:

The free enterprise system is one influenced by the market, which will determine all economic variables, such as price, products and services, and is a system independent of government control to function.

Therefore, it is correct to state that in a free enterprise system, the offer and demand of the consumer for a product or service that will be the determinant of the success or failure of an organization.

As an example of an entrepreneur, we can mention Steve Jobs, who created one of the largest technology companies in the world, Apple. The free enterprise system was one of the reasons for Apple to succeed in becoming one of the most valued companies in the world, due to the fact that it brought innovative products to the market that became examples of products of value to consumers, which made company to grow and become so successful in the market. If the company operated in a government-controlled market, it would probably have to follow specific rules and restrictions for the production of its products that could limit the company, and its performance could be restricted and not as innovative as the company in the market, which is one of the reasons why it achieved success.

5 0
3 years ago
Behavioral economistsLOADING... attribute some consumer behavior to the endowment effect. Which of the following is an example o
mestny [16]

Answer:  Option C

Explanation: As per the subject matter of behavioral economics, endowment effect refers top the phenomenon under which it is assumed that a rational individual will retain a commodity he or she already owns rather than acquiring the same commodity if he do not own it.

Hence from the above we can conclude that correct option is C as it states that one will not sell a painting even though at a price that the holder would pay to purchase it himself.  

   

6 0
3 years ago
Channeling funds from individuals with surplus funds to those desiring funds when the saver does not purchase the borrower's sec
Solnce55 [7]

Answer: Financial Intermediation.

Explanation:

Financial Intermediation is a method of wealth distribution common to Banks, where money deposited by it's customers is given out as loan to investors/individuals. The Banks are known as Financial Intermediaries as they are actively involved in wealth distribution.

6 0
3 years ago
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