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lesantik [10]
2 years ago
5

Joe was tired of working for other people. He had an idea to start his own ice cream business and wanted to set it up where he a

lone would be responsible for the decisions and the rewards. In this case, he is exhibiting:
Business
1 answer:
d1i1m1o1n [39]2 years ago
8 0

Answer:

Authority - Responsibility Balance & Incentive Development.

Explanation:

Authority refers to the power to command, give orders to somebody. And enjoying the position of having right to get it obeyed.

Responsibility refers to being in a position of accountability, answerability for an allocated task or job & its performance.

For Eg : A manager  given responsibility to complete a task of production targets achievement, is also given authority to command the entire staff at the production site.

Joe had problem while working for someone else that :- he had responsibility to complete employers allocated task, but may be not given enough authority to do so, thats why he felt he is being 'commanded by, working for' someone else. Also, he doesn't owe the rewards of his acts, so lacks incentive.

Being an entrepreneur will entitle him with managerial responsibilities, but at the same time will also give him higher authority to take his own independent decisions. And, he is himself responsible for his acts, will bear losses or enjoy profits for himself. So, it also incentivises him to work for himself.

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What is moral muteness? Why do you think an advertising professional might experience this phenomenon?
SpyIntel [72]

Answer: See explanation

Explanation:

Moral muteness occurs when as individuals in the society, we choose not to speak up when we witness an unethical behavior by someone. Even though such issues don't go along with the moral beliefs of the person who witnessed it, he or she decides not to speak against it.

An advertising professional might experience this phenomenon because of the fear of the fear of the fact that speaking up might affect his or her chance of selling the product to the person with the unethical behavior and also due to fear of losing ones job.

7 0
3 years ago
A firm is a competitive seller of output at amarket price of $3. The only resource itrequires to create its product is labor, wh
bulgar [2K]

Answer:

B. $6

Explanation:

Marginal revenue for the worker = change in wage ÷ change in quantity output

Change in wage = (40×$6) - (36×$6) = $240 - $216 = $24

Change in quantity output = 40 - 36 = 4

Marginal revenue for the worker = $24 ÷ 4 = $6

4 0
3 years ago
with this type of externality, in the absence of government intervention, the market equilibrium quantity produced will be than
ikadub [295]

The type of externality where market equilibrium quantity produced will be more than socially optimal quantity in absence of governemtn intervention is Negative externality.

Let understand that whenever a production of good or service negatively affect the unrelated third party who is not directly involved in a market transaction, it is said that negative externality exists in the scenario.

A very good example of commonly cited Negative Externalities are air pollution and noise pollution which was caused during production an affects unrelated third party.

If there is presence of government intervention in the production, then, the production of goods or service will be halted.

Therefore, in conclusion, this type of externality is called the Negative Externality.

Read more about Negative Externality here

<em>brainly.com/question/13901028</em>

7 0
2 years ago
Leslie has developed a new kind of running shoe, and now she is trying to decide where to sell it. Which of the 4Ps of marketing
Crank
A. Price : hope) ich
6 0
3 years ago
Read 2 more answers
"A new issue corporate bond with dated date of June 1st is bought from the underwriter with settlement occurring on Monday, June
Tema [17]

Answer:

27 days

Explanation:

The accrued interest is calculated by beginning the count of days from the dated date of the corporate bond up until the settlement, without including the settlement date.

From 1st June to 27th June, a day before settlement date makes 27 days, as a result, the number of days in respect of which interest is owed to the underwriter is 27 days

4 0
3 years ago
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