Answer:
The correct answer is The Theory of complexity.
Explanation:
The Theory of Complexity and Organizations, also called complexity strategy or adaptive complex organization, is the use of complexity theory in the field of strategic management and organizational studies.
The complexity theory has been used in the fields of strategic management and organizational studies. Areas of application include an understanding of how organizations or companies adapt to their environment and how they deal with situations of uncertainty. The theory treats organizations and companies as collections of strategies and structures. The structure is complex, because they are dynamic networks of interactions, and their relationships are not the result of the aggregation of individual static entities. They are adaptive; Because individual and collective behaviors mutate and organize themselves in response to the initial changes of micro events or the total set of events.
No more than two pages and should include the most important information from each section of the plan. it should open with a compelling story to persuade the reader that the business is going to succeed. then it should support the statement gathered through market research.
Answer:
Price
The price in the short-run will decrease because with less marginal costs, producers would produce more goods and services which would shift the supply curve to the right. The new intersection with the demand curve will be at a lower price.
Quantity
As said above, producers would produce more goods and services which means that the quantity supplied will increase.
Profit
This is a competitive market. Each firm will earn zero profits because the drop in price will match the drop in marginal costs to ensure that firms are not making anything extra.
Answer:
Time taken will be 31.35 days
Explanation:
We have given account receivable = $391648
Credit sales for the year = $5338411
Number of days in an year = 365 days
We have to find the time taken on average for credit customers to pay off their accounts during the past year
Time taken is given by 