The field of economics is so vast and broad that it is often classified into branches and one of which are the positive and normative economics. Positive economics usually refers to the process and methods of explaining a certain economic phenomenon in which it establishes common relationships among variables present.
Answer:
A. The difference between the net income the analyst expects the firm to generate and the required earnings of the firm.
Explanation:
Residual income measures an organisation's internal corporate performance by looking at the difference between the income geneated by the firm and the required minimum returns. It can be described as the excess of generated income over required earnings for the firm.
For personal Income, residual income represents the income an individual has left after deducting all personal expenses and all debts.
Based on the question, therefore, residual income will be the excess amount after a company's analysts' deduct the required earnings of the company from what the company generates.
Answer:
The option for this question are the following:
A. Concurrent
B. Statistical
C. Inventory
D. Feedforward
The correctt answer is D. Feed forward.
Explanation:
Feedforward is the process by which feedback between company members focuses more on future possibilities. That is to say, it is not only about communicating but about doing it thinking about increasing the opportunities that the company has and will be able to have later.
The problem we had when we talked about feedback was that it focused on aspects of the past. Communication was thought of as something of the moment, without determining an intention to take it to another level. The ‘feed’ forward would come into play here.
What is intended with the feedforward is to establish links and ideas, so that teamwork makes business organization easier. Brainstorming and the sharing of solutions and aspects for the company mean that employees can aspire to a positive work future.
Answer:
The assignment is based on' the effective marketing strategy which influences customer to purchase a product of Big Bazaar' helps to understand the effect of marketing strategy which is responsible for attracting customer towards big bazaar.
The research was carried out as per the steps of Marketing Research. The well supportive objectives were set for the study. To meet the objectives primary research was undertaken. The data collection approach adopted was experimental research.
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