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diamong [38]
2 years ago
11

Q 7.37: Eric Hansen is a receiving clerk who has just been denied a raise. He has approached his subordinate, who is the new sto

reroom clerk, about diverting inventory to sell for personal gain. This example of the ________, which may lead to _________.
Business
1 answer:
makkiz [27]2 years ago
3 0

Answer:

Human element; collusion.

Explanation:

In this scenario, Eric Hansen is a receiving clerk who has just been denied a raise. He has approached his subordinate, who is the new storeroom clerk, about diverting inventory to sell for personal gain. This is an example of the human element, which may lead to collusion.

Human element can be defined as a strategic technique for improving and dealing with the way or manner employees work together in a business environment in order to achieve greater organizational performance and accomplishments. Human element can be used to improve openness, sincerity and honesty among the the very many people (employees) working individually or together as a team in an organization.

In this case, when the storeroom clerk agrees to Eric's suggestion, this would lead to both of them diverting inventory to sell for personal gain. This is simply an act of collusion.

Collusion is an illegal cooperation or agreement between two or more people with an ulterior motive, for personal benefits.

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If an economist argues that everyone gains from trade, what reasoning is most likely underlying her argument?
mylen [45]

Answer:

If an economist argues that everyone gains from trade, the following reasoning is most likely underlying her argument:

  • Production according to the principle of comparative advantage lowers overall costs and therefore allows both countries to have a higher standard of living.

Explanation:

  • The comparative advantage refer to the situation in which an individual, company or a country offers its services and products at a lower rate as compared to its competitor. This leads to trade-off as you have to comprise for the gain of something.
  • This comparative advantage also increase the dependencies of nations or companies on each other.
  • For example, England and Portugal has benefited from this comparative advantage concept as England get the wine at lower cost from Portugal and Portugal also get earning by selling this wine to England.
4 0
3 years ago
Pure risk is also called <br>tension risk <br>electric risk <br>static risk​
ANTONII [103]

Absolute

Explanation:

Pure risk is call absolute risk because it is a category that is beyond human control.

8 0
3 years ago
Who decides what goods and services should be produced and how those goods are to be produced in a command economy? individuals
GenaCL600 [577]

Answer: Government Officials

Explanation: In a command economy, no individuals, business owners & tribal leaders, but the government decides the goods & services for production to be helpful for the country's economy. The government & its officials take a call on -

i. what goods to be produced,

ii. In how much quantity those goods should be produced

iii. at what amount, it will reach the consumers

All productions are controlled & planned by the government, hence it is also called as planned economy.

8 0
2 years ago
Read 2 more answers
Which statement below best answers the economic question "How to produce"?
FromTheMoon [43]

Answer:

An artisan uses local wood from a sustainable tree farm to make products.

(third option listed)

Explanation:

<em>Producing </em>is the actual making of something, and so the question of "How to produce?" can be best answered by an explanation of the production process.

So, "An artisan uses local wood from a sustainable tree farm to make products." describes the process of production--how the artisan is making their products.

read more about production at brainly.com/question/1462676

hope this helps!!

4 0
2 years ago
The importance of formal planning in organizations has grown dramatically. Companies have found that they can achieve competitiv
Neko [114]

Explanation:

Strategic planning is important to an organization because it provides a sense of direction and outlines measurable goals. Strategic planning is a tool that is useful for guiding day-to-day decisions and also for evaluating progress and changing approaches when moving forward.

8 0
2 years ago
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