Answer:
A recession
Explanation:
A recession is a period of slow or negative economic growth that lasts several months. In a recession, there is a general decline in productivity in the economy. In other words, the GDP growth rate drops too low or turns negatives.
Due to low productivity, unemployment rate rises as the industries and services sectors lay-off workers instead of creating job opportunities. There is reduced consumer confidence leading to low retail sales and a decline in prices.
Negative growth implies reduced levels of investment in the economy. Businesses experience low profits, and hence, stock prices fall. Economist considers recessions a part of a normal business cycle.
Answer:you tie a noose and hope for the best my friend. and if all goes south, you have a backup plan.
Explanation:
Answer:
d. "Shoot the messenger" management exists, implying a lack of control
Explanation:
The approach of "shoot the messenger" implies that the management of a company tend to blame the bearer of bad news as if they are responsible for the bad occurrence.
This approach causes tension and lack of communication in the workplace as employees are afraid of communicating when something bad happens.
Management is supposed to look objectively at the situation, identify the party that is responsible for the failure, and work towards rectifying it.
This is the situation in the scenario where Matilda received an e-mail from an angry client about a certain product and she hesitated to report it to her manager because she knew that he had a tendency to unfairly blame people for things
Answer:
Fresh cola is using packaging as a part of its product differentiation strategy
Explanation:
A product differentiation strategy may require adding new functional features or might be as simple as redesigning packaging. Therefore Fresh cola is using packaging as a part of its product differentiation strategy since it changed its previous features to a new one
The amount the city officials should charge for the concert series is $6.25.
<h3>What is the free rider problem?</h3>
The free rider problem is a form of market failure that occurs when people benefit from a good or service but do not pay to enjoy the service.
The amount to be charged = expense / people who do not free ride
1250 / (250 - 50) = $6.25
To learn more about free riders, please check: brainly.com/question/6968258
