Answer:
The correct answer is: 1. Functional.
Explanation:
A functional strategy is one that requires the HOW? Do, operate, function, that is, after delimiting the corporate strategy that specifies what to do ?, the functional strategy, indicates how to apply and use resources to achieve what you want to achieve.
A functional area of the company adopts this type of strategy to achieve the objectives embodied in the strategy of the corporation, maximizing the resources available and their productivity. In addition, it seeks the care and development of functional and operational capacity in order to achieve a competitive advantage to the company.
These strategies generate a frame of reference used by the administration of operations and functions to support the organizational and business strategy.
Answer:
Correct option is 5.
<u>Developing new competencies</u>
Explanation:
With respect to the worldwide endeavors, the dispersed focuses, as referenced in the inquiry just as the prerequisite of building the gentler aptitudes as far as the administration and social perspectives, make the upside of worldwide extension best spoke to by the case of growing new abilities that are specific to such host nations. Rest of the alternatives become second rate hence when contrasted with creating of new capabilities to get by in the host nations.
Answer:
Option (c) is correct.
Explanation:
Law of demand states that the price of the commodity and the quantity demanded of that commodity are negatively related to each other. This means that as the price of the commodity falls then as a result the quantity demanded for that commodity increases.
Therefore, the consumer will buy more sticks when the price of sticks falls from $2 to $1.
<u>Answer:</u>
Answer for Part A and Part B is as follows:
Particulars 2016 year 2017 year
Contract Price $13,00,000 $13,00,000
Cost that has been incurred $675000 $950000
Estimated cost to complete $225000 $0
TOTAL COST $900000 $950000
Expected Gross profit $400000 $350000
Percentage that is completed 75 percent 100percent
Gross profit to be recognised $300000 $50000
<u>Note</u>: Calculations have been made according to the data and figures given in the question.
That is an example of privatization. The transfer of possession, assets or commerce from the government to the private sector is called privatization. The government ends to be the owner of the entity or business. The development in which a publicly-traded corporation is taken over by a few individuals is also called privatization.
