Answer:
A. the integration of all the functional areas of the business to achieve its organizational objectives
Explanation:
Strategic management is the process of setting goals for an organisation, analyzing its competitive environment and internal environment, and evaluating strategies that will ensure that the organisation achieve its goals. It covers all the functional areas such as the micro and macro environment of the business.
Answer:
$70
Explanation:
Total revenue from three employees:
= No. of gallons of paint produced × Selling price per gallon
= 40 × $15
= $600
Total revenue from four employees:
= No. of gallons of paint produced × Selling price per gallon
= 48 × $15
= $720
Total revenue created by 4th worker:
= Total revenue from four employees - Total revenue from three employees
= $720 - $600
= $120
Cost of hiring 4th worker = $50 per day
Therefore,
Marginal profit for the fourth employee:
= Total revenue created by 4th worker - Cost of hiring 4th worker
= $120 - $50
= $70
Answer:
Explanation:
The following is written in Python and does exactly as described. It creates a dictionary called menu and adds both the keys and their corresponding price values. Then it creates a variable named cookie_price and gives it the value that is returned from using the key "cookies" in the menu dictionary. Finally, it prints out cookie_price
menu = {"ice cream": 4.95, "cookies": 2, "candy": 1}
cookie_price = menu.get("cookies")
print(cookie_price)
In legislature, any consequences of legislation enacted to cancel budget authority previously provided by Congress before the time when the authority would otherwise lapse is called a rescission.
<h3>What do we need to understand about
rescission?</h3>
In legal term, a rescission refers to when a contract is rendered null and void, and so is no longer recognized as legally binding. As such, the ruling courts can free the non-liable parties from their agreed obligations and will effectively seek to restore them to the position they were in before the contract was signed.
In contract law, a rescission can always occur when there is a material error in the contract, evidence of fraud, a lack of legal or mental capacity as well as other applicable circumstances.
In a typical court, the rescission is seen as an equitable remedy and is discretionary and a synonym for termination at law. A ruling court may decline to rescind a contract if one party has affirmed the contract by his action or a third party has acquired some rights or there has been substantial performance in implementing the contract.
Read more about rescission
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Answer:
C. An increase in consumer demand resulting from a reduction in prices .
Explanation:
when prices decline the consumer demand quantity increases.