Answer:
-Kim Ping and Abdel might find themselves involved in some kind of power struggle, as they determine how to run the new business.
Since they (Kim Ping and Abdel) must share their profits and benefits from the new venture, the profit attained for each of them may be less
Explanation:
Answer:
This is an example of the status quo bias.
Explanation:
Status quo is understood as the existing way of something, mostly social, for example. The status quo bias is understood, then, as the preference an individual has of having <em>things remain the same</em> as they have been, without making much change.
In this case, people already have their services such as cable, internet or cell phone providers. They do not consider the telemarketer's offers because they do not want to make the decision to change, thus succumbing to the status quo bias of wanting things to remain the same.
Answer:
False
Explanation:
Mauritius is the richest African nation and generally one of the best countries to live in Africa
Answer:
Water bodies have been an amazing mode of transport for carrying people and/or goods within and across regional, national and continental borders. Hitherto, a lot of countries still depend on inland water transport for the transportation of bulk and general cargo across lakes/rivers over long distances. Similarly, Ghana’s Inland Water Transport (IWT) system managed by Volta Lake transport Company (VLTC) has been in operation for decades. Regardless of the long years of operational activities, the IWT system in Ghana is faced with numerous constraints grouped under administrative, market, logistics and technical constraints which impede smooth operations and growth of the industry. By means of interviews and questionnaires, open ended verbal questions were used to ascertain respondents’ opinions on these major challenges. In this regard, some recommendations such as institutionalization and proper regulation of IWT, dredging or periodic maintenance of navigational channels, improvement of logistics and infrastructural development and also promotion of integrated transport planning, to boost IWT system in Ghana and other countries with similar constrains were presented. As encouragement approach, some benefits of improved IWT as enjoyed by many countries with competitive IWT were also discussed in comparison with Ghana and other countries where IWT is not very competitive.
