Answer:
Within the company, Amanda should be directly involved in the recruitment of new staff members for the organization, Eleaner Enterprises
Explanation:
Human Resources department in any organization is the engine room for all recruitment, training, and internal administrations of the organization. Thus for someone like Amanda that heads the Human Resources department, she will be directly involved in recruiting and training new staff members.
Clan control is a cult-type group that requires certain actions, dedications, etc. in order to remain in the group
co management is more of a te as m management group
Answer and Explanation:
I will go through each and every option explaining the reasons and what option would be the best:
The (a) part says 'difference in wages will eventually disappear since a haircut is a homogeneous good' - This is not true because even though it is an homogeneous product, some customers do have a strong preference for barbers who are not going bald. Therefore, they know their worth and they would want to capitalize on that and get paid just a bit more than bald barbers.
The (b) part says 'barbershops that hire barbers with hair will be able to charge a higher price for a haircut to those consumers who have a strong preference for barbers with hair'. - If the barbershop charges higher price for barbers that have hair then the customers will prefer bald barbers as the questions mentions that there is high competition and since it is an homogeneous, customers would be willing to save money and get their haircut from some other barber.
The (c) part says 'barbershops that hire bald barbers will always be much more profitable' - Not necessarily. The reason is that some customers have a strong preference for barbers who are not bald and therefore, that would help barbershops who have barbers with hair to be a bit more profitable as some additional customers would want their services.
The (d) part says 'barbershops that hire barbers with hair will always be much more profitable' - This is the best option and the reason for it is because some customers have a strong preference for barbers with hair and that would help the barbershop to earn more. They would have the customers who already indifferent to whoever cuts their hair and in addition to that, they would also have the customers who have their preference.
Hence the answer is D.
1. In a free market economy, not all consumers have the same chance to determine what is produced because this determination is based on the industries' strategy.
That is, the producers of goods and services will develop a way to generate profit by producing and selling certain products that will reach a greater number of consumers.
2. In a free market system, prices will influence resource allocation because the price consumers are willing to pay for a good demonstrates the value of the product.
This means that the more consumers willing to pay higher prices for a product, the more companies will allocate resources to produce such products valued by consumers.
<h3 /><h3>What is a free market system?</h3>
It is an economic system where there is less government intervention, that is, goods and services are traded through a private property system, where there are various companies whose purpose is to generate profit.
Therefore, the free market is influenced by the law of supply and demand, which defines market dynamics, price, quantity supplied and competitiveness.
Find out more about free market system here:
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Answer:
Tactical goals
Explanation:
Middle managers deal with goal setting and department-level decision making,Middle managers spend their time determining specific tactics for reaching organizational objectives set by top management.
Tactical goals define the outcomes that major divisions and departments must achieve in order for the organization to reach its overall goals,but they may change 'on the ground' as conditions require.