The kind of startup that her store is considered to be is a new market idea. New market ideas are techniques or ideas that are employed or thought of as a way of strategizing and a way of improving one's business or store. In which Consuela engages to as she decided to have a new idea for a way of improving her store and for the sake of her customers.
Answer:
Theory of production, in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw material, fixed capital good, etc., that it employs (its “inputs” or “factors of .
Explanation:
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If at a given time of the day, the state road 408 is higly congested, then it could be considered to possess the properties of a COMMON PROPERTY GOOD.
There are four types of economic goods, these are: public goods, private goods, common property goods and club good.
Common properties goods are those goods which are characterised by rival consumption and non exclusion of non payers. Rival consumption implies that consumption by a user imposes limitations on what others can consume, but a user can not stop another user from enjoying the good. Common property goods are equally owned by everyone and are not controlled by anyone in particular, thus these goods usually need government intervention.
<span>Present
value is the current value of a future sum of money. Present value of money is
used to compute the time value of money. It is also known as ‘present discounted
value’ or ‘discounted value.’ It is the worth of money now to be paid in series
of payments at a certain interest rate to arrive at the future value.</span>
Answer:
A bureaucracy
Explanation:
Bureaucracy is an organisational structure that is aimed at maintaining uniformity and control in an organisation.
This is achieved through established processes and ways of interaction between staff.
Bureaucracy is characterised by multiple layers and complex processes that makes actions and decisions slow.
This is exemplified in the given scenario where XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance between themselves and subordinates, and promotions are awarded based on technical expertise.