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Irina-Kira [14]
3 years ago
12

Each economy possesses resources and technology to use in production. true or false

Business
1 answer:
kicyunya [14]3 years ago
7 0

Answer:

True.  as land is limited and the technology can be developed and used for good.

Explanation:

  • Every economy has resources and the better the economy uses these resources the better is the production and consumption of the resources, the only need is the potential to develop the resource as the middle east has developed the use of desalinated water technology to clean the salted water and thus create a valuable resource.
  • The resources are there and one needs to develop them to there full potential with the help of technology that may be transferred from any other nation or territory as a form of the technology transfer.
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Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling  

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.  

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.  

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.  

Question 5:  

(i) The profits for San Consulting will decline  

(ii) The profit will rise because employee will focus more on their specific tasks.  

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.  

5 0
4 years ago
What did Abbas ibn Firnas invent?
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Alton, a mid-level manager for knockaround clothing in charge of monthly inventory, often participates in quarterly meetings of
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4 0
3 years ago
The spot price of silver is $20 per ounce. The storage costs are $0.30 per ounce per year payable quarterly in advance. Assuming
kirill115 [55]

Answer:

21.11176754

Explanation:

storate cost: 0.30

as the storage is continusly we use continuos interest rate:

0.30 / 4 = 0.075 per quarter

this is paid in advance so we calculate the present values of this payment

PV = 0.075 + 0.075e^{-0.04 \times 0.25} + 0.075e^{-0.04 \times 0.50}+0.075e^{-0.04 \times 0.75}

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Now we solve for the future value of silver using also a continuos rate

F = (spot + storage) e^{0.04 \times 1}

(20 + 0.295552053)e^0.04 = 21.11176754

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