Answer:
Flexible manufacturing system
Explanation:
A flexible manufacturing system is a method of production that allows for the easy adjustment of a manufacturer to the type or quantity of product being manufactured whether predicted or unpredicted.
This flexible manufacturing system is possible by the configuration or reconfiguration of computer systems to take up various levels of production.
Flexible manufacturing system has its advantages and disadvantages like any other systems but the main advantage of the flexible manufacturing system is that it helps to effectively manage manufacturing resources such as time, effort, quality, etc.
Its disadvantages include high financial implication to set up, maintenance, complication of system, etc
I hope this helps.
hewlett-packard (hp) founders david packard and william hewlett strived to create a close-knit organizational culture that gave a lot of responsibility to employees and fostered innovation within the company. in hp’s culture, individual responsibility and the importance of innovation are been recorded.
<h3>What are
organizational culture?</h3>
Organizational culture can be described as the series of the values, expectations, and practices that is needed in the organization so that the smooth running of the organization can be possible.
It should be noted that this help the member of the organization to know what is necessary as well as what is not when they are carring out their work in the organization, however the culture in the organization help to be able to know about the working principle of the organization such as the hewlett-packard since this usually bring about innovation as well as increment in the productivity of the member of the team in the organization.
Read more about culture at:
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<span>''A generalized debt management problem was avoided, and in the aggregate, the outlook for the immediate future does not give cause for alarm' is more generally what a country should do when facing difficulties.
Rather than choosing the policy that only works for short term period, a country should put more focus on the decision that will benefit the nation in the long run.</span>
Answer:
A) give sellers the incentive to account for the external effects of their actions.
Explanation:
The effect of levying a tax that represents the cost of the externality could lead to one of two outcomes:
- Firms that are causing the externality add the cost of the externality in the final price of their products.
- Firms that are causing the externality attempt to reduce or eliminate the externality, so that prices remain the same, and competitiveness is not lost.
For example, the most common example of an externality is pollution, therefore, the industrial sector operates in a market characterized by negative externalities. If the government levied a tax on factories accounting for the pollution they produce, these factores either would increase prices, or try to reduce pollution.
Answer:
monopolistic elements in the economy prevent immediate and sharp price declines in response to falling demand.
Explanation:
Keynes believed that the elements of the monopolistic in the economy should protect the instant and the fall in the share price with respect to the decline in the demand. That means when there is a fall in the price so the demand is also falls with regard to the elements of the monopolistic
Therefore as per the given situation, the 2nd option is correct
