Hayek believed the economy too complicated to think in terms of aggregates. This is the foundation of monetarism theory. He believed that people are unpredictable in their choices. Consequently, expansionary policy was potent because it could potentially lead to inflation and affect individual choices.
Answer:
Asset tags
Explanation:
Asset tags are names on each tag, a number or standardized tag or both are printed. At the point when the benefit tag is perused by an individual or standardized tag scanner, the put away data can be recovered or new information can be recorded.
An asset tag is a silver metallic label that is for all time appended to hardware that serves to distinguish it for following, stock, and responsibility purposes.
Explanation:
Clouds are created when water vapor, an invisible gas, turns into liquid water droplets. These water droplets form on tiny particles, like dust, that are floating in the air. ... These energetic molecules then escape from the liquid water in the form of gas.
Answer:
- The Quantitative approach plays a role in decision making as it involves the use of mathematical language to ease the decision-making process in a management. Where a Manager exhibits an absence of sufficient experience Quantitative approach can be settled for. The quantitative approach properly works for dispassionately quantifiable issues
For example, where a Manager wants to properly share certain resources among departments, he makes sure he gets a department that will yield profit. This clearly shows the use of the mathematical methodology.
- The Qualitative approach also plays a role in decision making in an Organization as it requires experiential information on the different variables associated with a choice. It is closely related to social sciences. It effectively deep dive into what prompts a person to act the way he does.
For example, where dispute arise in an Organization, the Manager is expected to apply this approach to understand how the complexity in the workings of the Organization.
A Manager needs to have good understanding of both approaches because Managers are in a position of leadership for the smooth running of the Organization. They should be able to take on well educated choices that contribute toward the achievement of their organizations.
Education facilities and health facilities