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3 years ago

Strategic management is defined as

1 answer:

4 0

Creation and execution of goals by the management team, defined by available resources and existing conditions in and out of the company.

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In path–goal theory, which leadership style is best for managing employees who are new to dealing with ambiguous, unstructured t

Semenov [28]

Answer:

Directive Leadership

Explanation:

Directive Leadership style is a leadership style where all the power is with the leader and is highly centralized and undivided.

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2 years ago

If chance or uncertainty is present in a system then there is an element of ____ in the decision making problem. a. danger b. ri

Elanso [62]

Answer: The answer is (D) Risk

Explanation:

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2 years ago

Juanita makes $42 an hour at work. She has to take time off work to purchase her skirt, so each hour away from work costs her $4

Kisachek [45]

Answer:

It will purchase at the local store at an economic cost of $123

Explanation:

Answer:

It will puchase the skirt across town as it has the less economic cost.

Explanation:

We are going to add up the opportunity cost (lost wages) to the cost of the skirt:

place travel-time Price Cost to travel Economic Cost

local store 30 $ 102.00 $ 21.00 <u> $ 123.00 </u>

across town 60 $ 85.00 $ 42.00 $ 127.00

neighboring city 120 $ 76.00 $ 84.00 $ 160.00

*travel-time we multiple the time it took each eway by 2

**The cost to travle will be Juanitas wages per hour ($42) times the travel-time/ 60

That's because the wages are express in hours and the travel time in minutes so we convert into hours

Then, the economic cost is the sum of the value of the skirt and the lost wages.

<em>Juanita, as a rational consumer will chose to purchase at the lower cost.</em>

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3 years ago

Economic stability is a benefit of technological advances. Please select the best answer from the choices provided T F.

musickatia [10]

Economic stability is an economy where there is consistent output growth and stable and low inflation growth. Advanced technology is the key to the economic stability of a country and its development.

<h3>What are the advantages of a stable economic condition?</h3>

Economic stability also contributes to the stability of all macroeconomic factors, such as increased production, improved efficiency, and a lower unemployment rate. Through technology and innovation, the overall standard of living of citizens improves as productivity increases, resulting in better goods and services.

Many techniques, such as inflation control, new job opportunities, stabilizing the currency rate, and many more, to maintain the stability of the economy. A stable economy encourages investment, creates consumer confidence, and helps in stimulating business growth and results in the overall economic development of a country.

It is therefore true that technological advances are beneficial for economic stability because they help to improve the living standards of citizens due to stable employment opportunities, resulting in a stable income for individuals.

For more details on economic stability, visit the below link:

brainly.com/question/27187018

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2 years ago

Read 2 more answers

How does the analysis from the supplier position and supplier preferencing models affect how a purchasing manager plans to do bu

Dmitry_Shevchenko [17]

Explanation:

The analysis of the supplier's position and the supplier's preference models affect how a purchasing manager plans to do business with suppliers in the sense that, through these models, purchasing managers obtain more information to analyze their preferences, that is, it is a tool that allows purchasing managers to choose the ideal supplier according to their essential criteria, it is possible to choose a supplier based on market reputation, quality, price, etc., making the supplier decision making process more aligned to the purposes and organizational goals and more effective.

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3 years ago