PEST analysis involves the analysis of economic , political, legal, technological and cultural events and trends that may affect the future of the organization and its marketing efforts.
Explanation:
PEST analysis is the simple as well as mostly used tool that helps in analyzing economic,technological, political,socio-cultural changes in the business environment. There are various advantages of PEST analysis that is, it helps in proper understanding of the business, it helps in dealing with various threats, It is also a cost effective analysis. This analysis helps in determining the performance of the business during long- term.
Answer:
less than
Explanation:
The law of diminishing marginal utility states that utility decreases as additional units of a commodity are consumed. An example would the satisfaction you would derive from the first bottle of cola and the second and the third, the satisfaction you derive deceases after each additional consumption.
Answer:
Et cetera is ur answer for this question
Answer:
b (A,B) and (D,E).
Explanation:
When player 1 chooses A then, player 2 has a more pay-off in choosing D. And when player 1 chooses B then, player 2 has more pay-off in choosing E. And when player 1 chooses C then , player 2 has more pay-off in choosing D. Therefore, for player 2 the set of rationalizable strategies are [D , E].
Similarly, when player 2 choose D the, player 1 has more pay-off in choosing A . And when player 2 chooses E then, player 1 has more pay-off in choosing B. And when player 2 chooses F then, player 1 has more pay-off in choosing A . Therefore, for player 1 the set of rationalizable strategies are [A, B].
a. The self-driving vehicle industry is changing too much for the top-down approach to be effective.
b. The top-down approach can only be applied to specific business functions.
c. The top-down approach leaves other employees uncertain about their roles in the company.
d. The top-down approach is expensive to maintain, leaving the company at a competitive disadvantage.
Answer:
a. The self-driving vehicle industry is changing too much for the top-down approach to be effective.
Explanation:
The top-down approach is a model in which there is a hierarchical style and the decisions are made by the manager and then informed down the organizational chart and the lower levels have to accept the decisions. In this approach, people in the lower levels have low participation and influence on the decisions and as the firm's industry is changing too much, this people would posses crucial information and specialized knowledge that the top level might not have and because of that, this approach might not be effective. According to that, the answer is that this scenario is wrong because the self-driving vehicle industry is changing too much for the top-down approach to be effective.