The answer is formal group. A formal group is a cluster or
group of individuals, who decided to work together to achieve and reach a specific
goals. Formal groups are made of individuals committed to fulfill tasks.
According to the given example, this group is created to produce and develop a
new series of skincare products specifically for the individuals over the old
age of sixty (60), the example states that the group is created to develop a
new-line of skincare products, so it is to be considered that the group being
referred to is the formal group, it has indicated that there is a specific goal
that is set for different individuals to come together and fulfill a specific
goal.
The answer is data backup and collaboration.
Answer:
Downscoping
Explanation:
The term that is being described in the question is known as Downscoping. Like mentioned, this term basically represents establishing a focus on the company's core businesses while at the same time getting rid of all that is not essential. This is very different from Downsizing which revolves around reducing the number of employees and operating units, thus reducing and changing the composition of the business itself. Although very different, these terms are often confused for one another.
Answer: How does a supply shock affect equilibrium price and quantity?
A. Raises prices and decreases quantity demanded
Explanation: The prices raise as there is a decrease in quantity demanded to make up for the loss of sales. This typically happens when the product or service is not meeting the consumers needs anymore, so the goods or services are not being sold and consumed.
This was displayed on the said source. It cited connections to different aspects that show the importance of purchasing as a social responsibility. The center is mainly the Buyer's Relationship Commitment where it directs to the cooperation between the Buyer and Supplier. This relationship develops to trust, which is important to the business. It also pointed to the relationship to have a trusted and performing supplier.
Source: <span>Purchasing’s Contribution to the Socially Responsible Management of the Supply Chain
https://www.instituteforsupplymanagement.org/files/sr/capsarticle_purchasingscontribution.pdf
</span>