Answer:
C. Social network analysis
Explanation:
According to my research on different company intercommunication techniques, I can say that based on the information provided within the question the approach being used here is called a Social network analysis. This is a form of analyzing certain individual sectors or people and observing the relationships between them.
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Answer:
0.17
Explanation:
The computation of the expected return on investment is shown below:
= (Expected return of the outcome 1 × Probability of the outcome 1) + (Expected return of the outcome 1 × Probability of the outcome 1) + (Expected return of the outcome 1 × Probability of the outcome 1)
= (0.15× 0.50) + (0.25 × 0.30) + (0.10 × 0.20)
= 0.075 + 0.075 + 0.02
= 0.17
Answer:
. All countries can gain from trade if they all specialize in production according to comparative advantage
Explanation:
Comparative advantage is when a country produces a product at a lower opportunity cost when compared with its trading partners.
Absolute advantage is when a country produces more quantities of goods and services than its trading partners.
A country can still have comparative advantage in production if opportunity cost is increasing once it's opportunity cost doesn't become greater than that of its trading partners.
A country can have comparative advantage without having absolute advantage.
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Answer:
D) normative control.
Explanation:
In this case, Lydia is using normative control so as to train her staffs to treat customers with utmost care and provide them with reliable fashion advice.
In order to achieve this, Lydia carefully chooses her staff and appoints people who are attentive, friendly, and have a good fashion sense.
Normative control is a strategy that governs the behavior of employees through the use of beliefs and values called norms rather than the written procedures and policies.
Under the rule of 70, if the GDP per capita growth rate in the United States is 2.3%, standards of living double every 70/2.3 = 30.43 years.
<h3>What is Gross Domestic Product (GDP)?</h3>
The term "Gross Domestic Product," or GDP, refers to the total monetary worth of all finished goods and services produced (and marketed) within a nation within a specific time period (typically 1 year).
GDP Growth Rate:
- The GDP growth rate compares the most recent quarter or year to the preceding one and represents the percentage change in real GDP (GDP adjusted for inflation) from one period to the next.
- A positive or negative number may be used (negative growth rate, indicating economic contraction).
GDP per capita:
- By dividing nominal GDP by a nation's entire population, one can get GDP per capita.
- It conveys the nation's average economic output (or income) per person.
- The population figure corresponds to the year's median (or mid-year) population.
The price deflator, a statistical tool, is used to convert nominal GDP to constant prices.
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