It is sort of outsourcing exercise which is executed as a cost controlling measure thereby enabling management to focus on critical matters.
Explanation:
Here, if in the given case CANE outsources manufacturing activity to an established supplier it can save on hiring factory and cost and lab our overheads and can effectively focus on more critical functions including sales and strengthening supply chain management .
They can effectively deploy capital to more productive options.
This process if considered after due diligence will enable it to improve its financial position.
It only needs to ensure that supplier is committed to service, quality and delivery with flexibility so that financial benefits syncs with the set of expectations.
If the price elasticity of demand is inelastic, then the incidence of tax will be greater on consumers, as producers can shift most of the tax on them by raising prices. Whereas if it was elastic, then it would be producers.
This behavior best explained by Strain theory
Explanation:
Strain theory, in sociology, a hypothesis that pressure arising from social conditions, such as lack of income or lack of quality education, causes individuals to commit a crime. Strain theory describes deviant behavior as an unavoidable consequence of the experience of distressing individuals as they are deprived of the means of attaining cultural goals.
The central principle of general strain theory is that people who encounter pressure or stress are depressed or frustrated which can lead them to commit a crime to cope.
Explanation:
In the scenario described above, it can be identified that the behavioral characteristic of the manager is that he is an aggressive person.
This type of behavior has as main characteristics the expression of your ideas, needs and feelings to the detriment of those of other people, this can be seen in the question in the excerpt that says that the manager made an important decision for the business without consulting his superiors because you believe they feel the same way about the economy as you do.
Although this aggressive behavior can sometimes be expressive, it can also lead to hostility.
