Answer:
The price on the black market tends to be higher.
Explanation:
When price ceilings are placed in legal markets, buyers are able to get goods and services at lower prices. But sellers may not be willing to sell unlimited supply of goods at the low price. This could lead to artificial scarcity, and formation of black markets.
The main aim of black markets is for suppliers to maximise profits, so a supplier is able to sell his goods at an amount above the price ceiling set in the legal market.
Also black markets are characterised by practices such as tax evasion, which are beneficial to the suppliers.
Increasing the focus on employee development can also increase employee beliefs that Microsoft values their contributions, creating received organizational support.
What is known as employee development?
Employee development is the process of improving the existing competencies and skills of employees and developing new ones to support the organization's goals.
The following finer points of interest are contained in this definition:
- Employee development is not just about developing organizational L&D strategies
- It's more than just mandatory employee training
- It goes far beyond annual meetings with employees to discuss their shortcomings and highlight needs for improvement
- When done right, even though employee development requires investment (time, effort, and funding) from the company, those investments will more than pay off in the long run.
To learn more about employee development, refer to:
brainly.com/question/21506950
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Answer:
decline and diminishing marginal utility
Explanation:
According to the law of diminishing marginal utility, when a person consumes more and more units, the marginal utility arises from each additional unit goes reduced as marginal utility is an additional unit derived.
According to the given situation, grey eats pizza every day so the marginal utility goes decline that indicates the law of diminishing marginal utility
<span>performing calculations and using equipment</span>
Answer:
Benefit sought
Explanation:
Customer segmentation can be defined as the process of placing customers into different groups, this grouping is based on the age, interest, gender. It can also be referred to as the classification of potential customers based on the similar characteristics that they share.
Customer segmentation makes it easy for marketers create an awareness of their product to a particular group of people.
Benefit sought can be described as the segmentation of a market based on the various benefits that potential customers receive from purchasing a product.
