Answer: B. C) company begins to encounter diminishing growth prospects in its mainstay business.
Explanation:
All Companies should endeavour for Growth. Growth means survival in this world and a company that is not growing will eventually die out.
If a Company begins to experience a situation where the prospects for growth in their chosen industry is reducing, they should, in the interest of their survival, seek alternative business that they can engage in. Look at Oil Companies like Shell for instance, they realize that Fossil Fuels will not last forever and have started investing massively in Clean Energy because they can see that Growth Prospects in Oil are starting to diminish.
In order to create more wealth and provide better services, some nations recognize that A GOOD STRATEGY IS TO MINIMIZE INTERFERENCE WITH THE FREE EXCHANGE OF GOODS AND SERVICES.
Free exchange of goods and services will enhance the economic growth of a nation.
Answer:
a. reduces the use of individual machines and hinders quality control at all stages of the manufacturing process.
Explanation:
<u>Productive efficiency:</u> On a general level, is a state of the economy at which another unit cannot be produced without decreasing the production of another. Thus, the meaning of production efficiency is the use of all the resource available to produce the higher possible output.
When, a company reduce their machine hours per unit, it obtains more efficiency. It can yields more output than previously. Then, if the hinders to quality control are reduced as well, it takes less time to check the outcome thus, also increasing productivity. Repeating this on all stages of the manufacturiing process achieve the most production efficiency for the firm.
Percents can show how much of the money transferred was expense, profit, and so on. it can show an increase or decrease in sales. it can also show demographics of consumers.
Answer:
The given statement is false.
Explanation:
A decrease in the market demand will cause the demand curve to shift to the right. While a decrease in the supply will cause the supply curve to shift to the left.
The market equilibrium price is determined by the intersection of demand and supply. The price, as a result, will increase. The extent of increase in price depends on the magnitudes of change in demand and supply.
The change in equilibrium quantity, however, in this case, is unpredictable without knowing the extent of changes in demand and supply.