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2 years ago

The resources owned by firms that shut down in the process of creative destruction:

Business

1 answer:

patriot [66]2 years ago

4 0

The answer is "b. move to activities where they are more highly valued."

Creative destruction depends on the possibility that as opposed to inclining toward harmony, the economy is to a great extent in flux.

Creative destruction is the perception that a free enterprise economy is inalienably determined by developments, which are entwined with the pulverization of old parts of the economy and the making of new. That is, the development of another item triggers capital speculation, monetary extension, more noteworthy business, and improved expectations for everyday comforts, except by supplanting existing generation laborers are jobless, industrial facilities are closed down, and firms go bankrupt.

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Parker Pharmaceuticals is a corporation that employs over 400 workers. As the firm continues to grow, the need for discipline am

Virty [35]

Answer:

The following best supports a decision to use the progressive disciplinary action approach:

B) Parker wants an informal procedure for disciplining employees.

Explanation:

A disciplinary procedure is the way your employer deals with discipline when they believe that your conduct or performance is not up to the expected standard. Disciplinary procedures may involve something as simple as an informal chat, and escalate to involve letters, meetings and appeals

Informal disciplinary actions include: oral or written admonishments; letters of counseling, caution, instruction or warning, as well as letters of requirement.

These are the steps of progressive discipline actions:

Step 1: Verbal Counseling(s) A verbal counseling is generally the first step of progressive discipline.

Step 2: Written Warning(s) A written warning is generally the second step of progressive discipline.

Step 3: Performance Improvement Plan (PIP).

Step 4: Termination of Employment.

In most cases, it is far better for the employer to resolve issues informally wherever possible. Depending on what the issue is, it may be appropriate to have an informal chat or verbal warning with someone rather than going through the process of issuing a formal warning.

The purpose of an informal meeting is to discuss issues which would not have an appropriate place in a formal meeting. They may be designed to make one of the participants feel more at ease and more free to speak their mind than they would in a more formal setting.

4 0

3 years ago

The emphasis on keeping customers for long periods of time is the central focus of ______ value and the reason firms focus on cu

Archy [21]

Answer:

Customer Lifetime Value

Explanation:

Customer Lifetime Value is a measure of how much amount of money a customer spends on your business/products/services over the course of his whole lifetime.

It is a predictor of how well you are doing to retain your existing customers.

Why is it important?

suppose you spend $10 to advertise your product (belt) and a customer buys 5 belts on average every year for 15 years. You get $12 profit for each belt sold.

$12*5*15= 900$ $

Subtract the advertising cost

$900-10=890$ $ This is your customer lifetime value

Now imagine what would have happen if we had to sell these belts to 75 different customers?

The advertising cost to attract 75 customers would have been too much and hence net profit and customer lifetime value would be very less.

$75*10=750$ $

$900-750=150$ $

This is why customer lifetime value is important and businesses focus on retaining their customers for longer periods.

3 0

3 years ago

Transferring responsibility of operations to another authority (such as, un observers, multinational peacekeeping forces, or nat

Helen [10]

I believe the answer is: Enable phase

During the enable phase, a company would evaluate the progess and determine additional planing necessary to ensure that the operation run smoothly. Often times, transferring responsibilities to another organization that had larger jurisdiction would be seen as a more appropriate decision.

8 0

3 years ago

In the context of the aio dimensions for measuring consumers' lifestyles, "a" stands for ________.

djyliett [7]

In the context of the aio dimensions for measuring consumers' lifestyles, "a" stands for activities

4 0

3 years ago

Hay, Straw and Clover formed the HSC Partnership, agreeing to share profits and losses equally. Clover will manage the business

Sergeeva-Olga [200]

Answer:

D. Ordinary Income: $20,000 , Guaranteed payment: $30,000

Explanation:

Ordinary Income refers to that part of income which is classified under salaries, wages or net income in case of Partnership. Such income is taxable at ordinary rates.

Net income refers to income arrived at after deduction of all expenses and taxes from profits. In case of partnership, profits and losses are distributed in agreed profit sharing ratio as per the clause in partnership deed.

In the given case,

Net Income before adjusting guaranteed payment to Clover: $90,000

Less: Guaranteed payment to Clover: ($30,000)

Ordinary Income/Net Income for all 3 partner's $60,000

Clover's share in ordinary income is one third i.e $20,000

Clover's guaranteed payment $30,000

6 0

3 years ago