Answer:
C. framing effects
Explanation:
Based on the information provided within the question it can be said that the behavioral economists would say that Josh's decision is affected by framing effects. This term refers to a cognitive bias where people tend to base their choices of different options based on the positive or negative connotations presented. Which is what Josh is doing by basing his decision on who else is having desert.
One part of the microenvironment that may influence the
retail management decisions is technologies. It is because a microenvironment
is considered to be a factor in which affects the performance of a certain
decision. And that the retail management decision always focuses more on
certain factors that would likely affect the choices of their consumers such as
stores, internet or even technologies.
Answer:
The correct answer is A
Explanation:
Sectoral shifts is defined as the structural change or variation which lead to the reallocation of labor within the industries which create functional unemployment as the labor moves or shifts from the declining to the growing sectors.
So, in this scenario, the BLS (Bureau of Labor Statistics), predict that the jobs for the dental hygienists will grow where as the jobs for bookbinders will decrease. Therefore, this will result in a structural unemployment which is created due to sectoral shift.
