If resources are allocated politically, rent-seeking will be a waste of resources.
Within strategic planning, you want to plan where and how the resources will be used. The goal is not to waste resources on one thing when they can be put to better use elsewhere.
Answer: Hi your question is incomplete attached below are the missing details
answer :
A) 16 used DVDs
B) i) $18
ii) $6
iii) $8
Explanation:
<u>A) Determine the weekly shortage of used DVDs due to ceiling price = $11</u>
shortage = Quantity demanded ( H ) - Quantity supplied ( F )
at ceiling price of $11 ; quantity demanded = 20 , Quantity supplied = 4
= 20 - 4 = 16 used DVDs
B) i) <em>New consumer surplus = ADLK </em>
ADLK = ∠ ABK + BKLD
= 1/2 * 4 * 1 ) + ( 15 - 11 )*4 = $18
<em>ii) New producer surplus = DLE </em>
DLE = 1/2 * 4 * ( 11-8 )
= $6
<em> iii) Total economic surplus lost </em>
ΔKJL = 1/2 ( 8 - 4 ) * ( 15 - 11 )
= $8
Answer:
a. True.
Explanation:
If there is need for purchasing goods in a company then a purchase requisition is initiated by the department. This purchase requisitions is then processed to initiate purchase order after the requirement for goods is confirmed. The purchase order is sent to external supplier to confirm purchasing of goods or services. This is a commercial document which helps control the purchasing in the organization. This document clearly mentions the quantity, price and any additional features of the product which are required by the company.
Answer:
Option E. Benchmarking
Explanation:
The reason was that the Benchmarking was not considered one of the main factors of cultural development because it is a management procedure. Basically Benchmarking provides a reliable subjective and objective measures that helps an organization to transformation the business operations. So the answer is Option E.