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3 years ago

Difference between mature and fertilizer

1 answer:

8 0

Fertilizer and manure can be added to the soil in order to increase the yield of crops. Fertilizer, however, has more nutrients in it and is therefore more beneficial to growing plants. Manure can be prepared in fields (created by animal and plant wastes) while fertilizer is created in factories (using chemical compounds). Manure provides humus to the soil while fertilizer does not, but fertilizer is absorbed by plants more quickly than manure.

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If there is a great demand for a product, the production for that product will

sweet [91]

production for that product will increase.

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3 years ago

Read 2 more answers

What is something economists need to know the least in order to effectively fine tune the economy?

Art [367]

b. the cpi is what the economists need to know the least.
CPI stands for Consumer Price index which measures the change in price level based on the goods and services purhased by consumers. The Costumer price Index will not affect the economic situation because it only calculate the measurement of the price changes of a basket of goods over time.

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2 years ago

A hardware store makes a profit of $30,000 during its first year. The store owner sets a goal of increasing profits by $4000 eac

MrMuchimi

Answer:

$294,000

Explanation:

Data provided in the question:

Profit during the first year = $30,000

Increase in profit each year = $4,000

Now,

Profit for the current year = Profit for the previous year + $4,000

Therefore,

Year Current year profit

1 $30,000

2 $34,000 [$30,000 + $4.000]

3 $38,000 [$34,000 + $4.000]

4 $42,000 [$38,000 + $4.000]

5 $46,000 [$42,000 + $4.000]

6 $50,000 [$46,000 + $4.000]

7 $54,000 [$50,000 + $4.000]

Hence,

The total profit during the first 7 years of business = ∑ (Current year profit)

= $30,000 + $34,000 + $38,000 + $42,000 + $46,000 + $50,000 + $54,000

= $294,000

4 0

2 years ago

When decision makers seek out information that reaffirms their past choices and discount information that contradicts past judgm

lozanna [386]

Answer:

They are exhibiting confirmation bias

Explanation:

Confirmation bias occurs when a person discards information that does not validate his pre-existing beliefs, and only takes into account the information that does validate those same pre-existing beliefs.

If a decision maker only seeks out information that does not contradict their past judgments, they are exhibiting confimation bias because they are preventing their past judgments and views from being challenged.

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2 years ago

1. List and describe the components of Porter’s Strategy typology.

Alexxandr [17]

Answer:

1. Porter's strategy typology includes a matrix which has the following components

1. Cost leadership (broad target)

2. Differentiation (broad target)

3. Cost Focus (narrow target)

4. focused differentiation (narrow target)

the above two strategies focuses on targeting the consumers on a broad level i.e for cost leadership the firm has to compete on lowering price from its competitors whereas in differentiation the firm focuses on creating a unique characteristic in its offering to attract the consumers and compete against the rivals.

2. The concept of core capabilities is that in order to compete and have an edge over your rivals firm has to have certain core competencies to successfully get an edge over its rivals. core capabilities may involve research and development by pharmaceutical to be a first comer in curing diseases. Such capabilities should have the characteristic that it can not be copied and can be sustained for a long term duration.

3. The criteria for core capability is:

a. it can not be easily copied (valuable)

b. it provides long term competitive advantage against rivals ( Rare)

c. it increases barriers to entry for new entrants (Organised)

b. is not easily substituted

all the above mentioned characteristics would provide a sustainable competitive advantage for an organisation.

4. Human capital has the potential to contribute towards competitive advantage as in the case of hospitals qualified doctors enhances patients confidence for treatment.

Human capital should be firm specific that contributes towards the goals and objectives of the firm. More unique and valuable human assets. for example faculty at universities contributes in research findings and helps in elevating students in their careers and academic performances.

5. The two strategies include:

High performance work staff:

it fosters the development of highly knowledgeable, motivated work staff.

Hr policies and practices enable them to increase their potential

Control oriented work system:

it minimizes the increase in knowledge and avoids variability in performance

6. The components of high performance work system (HPWS)

involves

a. sharing of knowledge among employees to increase their commitment

b. elimination of status and power to enhance collaboration

c. aligning employees performance to organisational goals i.e goal congruence

d. knowledge based jobs rather than per piece work

e. empowering employees

Explanation:

8 0

3 years ago

Difference between mature and fertilizer​

Difference between mature and fertilizer