The commodification of recreational activities is the shift from people making their own fun to people purchasing it as goods and services.
<h3>What is commodification?</h3>
This is when values are assigned to objects or things which are previously meant for fun. Commodification occurs when something that used to have intrinsic value gradually develops a monetary value like water, or sunshine, or knowledge as an example.
Here, human and socio cultural value are converted into market value which also applies to goods, services, ideas, and other forms and products.
Commodification provides benefit to a business environment which includes opportunities for developing new products and services inorder to meet ever changing customer needs and demand.
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Answer:
C
Explanation:
P/E ratio is a method of valuing a company. It is derived by dividing price of the stock by earnings
1. $18/1.3 = 13.8
2. 19/1.3 = 14.6
3. 20 / 1.3 = 15.4
The first and second stock have a P/E ratio is lower than 15.
Answer:
True....its very very true..
Answer:
Evaluating the team dynamics and how each member did in the crisis along with analyzing the reactions, kpis, and overall response to the crisis happens during the response stage.
Explanation:
- KPI stand for key performance indicator. These indicators of any business tell us about its performance. Example of key performance indicator include no of customers retained.
- Team dynamics represent the forces and factors which influence the performance of the team. The evaluation of the team dynamics, their reactions and key performance indicator are not done during the response stage.
- Response stage generally refer to the time of response and action. In this stage, we take certain actions to accomplish desired goals. Like to mitigate the issues.
False.................................................
