Answer:
The action of ACME global represent the influence of Government in the external environment of an organisation
Explanation:
The external environment of an organisation represents the factors outside the environment that is capable of influencing the decision of the organisation. It consists of the outside factors that influences the organisation. e.g social cultural, political, economic, technological factors among others.
One of these factors is the Political/ Legal factor:
The political / legal factor focuses on the influence of government on business organisations. It reviews how government laws, policies, and rules affects the operation of business. The rules and regulations or policies put in place by the government has the capacity to influence the business decision.
In the case of ACME global hiring a director of safety, they are doing so in other to comply to the occupational safety and Health Act that is most definitely enacted by the government.
Therefore we can say that the action of ACME global represent the influence of Government in the external environment of an organisation
Answer:
Letter A is correct. <u>TRUE.</u>
Explanation:
This statement is true and supported by the sociological structure of social complexity, which is a concept of analysis of society that reflects the relationship between social behavior through continuous and complex circumstances, such as armed conflicts, emigration patterns and political movements.
This concept supports that human beings are not passive individuals, therefore they search for goals that will improve the quality of life of society, therefore high competition and debates about natural resources will significantly affect the development of government policies, as the sustainability and use of Natural resources are a topic that is widely discussed today, and society increasingly seeks socio-environmental responsibility from organizations and governments, as this is a relevant issue for survival and quality of life. So this issue will influence policy, which is an adaptive and complex system that exists to manage issues that affect society.
Answer: Option (C) is correct.
Explanation:
The following rule should be use to choose the optimal quantities of two goods:
Marginal utility refers to the utility that a consumer can get from the additional unit of a commodity.
From the above equation, we can predict that marginal utility from the last TV is greater than the marginal utility obtained from the last gallon of juice. We know that Juice is less expensive as compared to the price of TV.
Answer: Optimization of resource allocation
Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.
One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.
