Answer:
Explanation:
check the file attached for solution i hope it helps
Answer:
barriers to entry
Explanation:
The characteristics or attributes of the perfectly competitive market are as follows
1. There are large number of buyers and seller who purchase and sales similar kind of products
2. No transaction is involved
3. No barrier for entry and exit into the market
4. It contains the perfectly elastic demand
5. Perfect knowledge about the products
Therefore the first option is considered
Answer:
These teams are both cross functional and project teams.
Explanation:
Cross functional team comprises of group of people who have different functional expertise and come from various aspects of organization.
These people come from different departments of the organization and work for a common goal.
Organizations often form cross-functional team for a short period for specific projects.
Here, this team is formed for the project of product launch so it is an example of cross functional project team.
