Answer: <em>Option (E) is correct.</em>
Explanation:
Taylorism also known as scientific management is referred as a theory management theory that tends to synthesizes and analyzes workflows. The main objective of this is to improve economic efficiency i.e. by increasing labor productivity. It was considered as the earliest efforts in order to enforce science to processes engineering and management. It was named after Frederick Taylor, who was the founder.
I believe the answer is: in-elastic
A product is considered to be inelastic if the change in price do not or has very little impact of the product demand.
From the scenario above, we can see that even though the price drops, the percentage is still way below the amount of price icnreased (10% : 30%) , so we can consider the product to be inelastic.
Answer: DEPENDENCY THEORY
Explanation:
Dependency theory is the notion that resources flow from a poor low income countries and underdeveloped states to the main wealthy states, enriching the wealthiest countries at the expense of the poorer countries or states.
Without the permission of the inventor, Cheatem automobile manufacturing copied the engine design of an innovative competitor. Cheatem is guilty of <u>Plagiarism/Piracy.</u>
<h3>What is Plagiarism?</h3>
Plagiarism is said to be the depiction of another author's language, thoughts, as well as their ideas, and then making them to be your own without the permission of the owner.
Therefore, based on the above, Without the permission of the inventor, Cheatem automobile manufacturing copied the engine design of an innovative competitor. Cheatem is guilty of <u>Plagiarism/Piracy.</u>
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Mixed market as mostly family owned
