Answer:
are achieved when a firm reduces its average cost of production as it produces more.
Explanation:
Economies of scale is reduction in the average cost as production increases due to the large size of the firm which makes it more efficient.
It is large firms that enjoy economies of scale.
Economies of scale can be achieved by buying supplies in large quantities. When firms buy in large quantities, they enjoy discounts which reduces their average cost. This is a form of internal economies of scale.
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Answer:
<em><u>Conglomerates.</u></em>
Explanation:
A business conglomerate, which is characterized by the joining of two or more companies that may be from different areas of activity, but which are under the same corporate structure, that is, companies that depend on the same matrix. It is considered a form of oligopoly, which grows as new companies join the conglomerate and increases the profitability of existing companies.
The main objectives of this business group is to increase financial gains and expand the organizations that are part of the group, so the conglomerate focuses on management and use of equipment and search for capital resources.
Answer:
Economic Dimension
Explanation:
Economic dimension implies that the effect of economic factors on a particular circumstance which a company faces are taking into consideration while making a decision.
In the question, the three economic factors mentioned to be considered by the company as part of the economic dimension are Consumer Price Index, manufacturing and retail inventory levels, and consumer confidence measures.
The Consumer Price Index (CPI) measures the weighted average of prices of a basket of commodities like cloth, food, transportation, etc. This is calculated as average of the changes in prices of the chosen basket of goods and services.
Manufacturing inventory are raw material or work-in-progress items kept in stock to produce goods, while retail inventory are the finished goods kept in stock to be sold.
Consumer confidence measure can also be referred to as the Consumer Confidence Index (CCI) and it is the level of assurance which consumers display about general economic condition in a country through the way they spend or save.
How a company monitor and prepare for each of the three factors will determine its success or failure.
I THINK ITS MIDDLE FINGERS AT THESE AHOLE MODERATORS
Patti volunteered to cover the balance of a coworker's shift so that he could pick up his sick child from day care. this is an example of organizational citizenship (OCB). OCB stands for <span>person's voluntary commitment within an </span>organization <span>outside her contractual tasks. The father of OCB is Dennis Organ. He defined the term in 1988.</span>
