Answer: Worsen; benefits
Explanation:
Specific Automakers is signing a long term contract with the union who are the representative of workers.
Real wages should increase by = 2%
Expected inflation = 5%
Nominal wage increase = 7%
Actual inflation = 6%
Actual inflation is greater than expected inflation, so this would worsen the union and it is beneficial for the automakers because now real wage increase is only:
= Nominal wage - Actual inflation rate
= 7% - 6%
= 1%
This is an example of re-distributive cost of inflation.
Answer:
Management has its share of perks and rewards. Managers are usually in a better position to influence and lead change. In most organizations, being a manager means a better compensation package and not having to sit in a cubicle. Most importantly, there’s nothing like the satisfaction of helping an individual or team reach their goals and perform at their best. Read more
Explanation:
The correct question is:
Andrea wanted to purchase a gaming desktop computer. After a lot of research, she decided to buy a desktop from a retail store which was giving 3 videogames free with the computer. In this scenario, the gaming computer, along with free videogames, is an example of a(n) _____.
Answer:
Augmented Product
Explanation:
An augmented product is an intangible feature or add-on that comes with a product. For example warranty on a television, free customer support, free delivery, and so on.
This is a good sales strategy that differentiates a product from others on the market.
In the question above, the video games are an additional feature that adds value on this particular desktop computer, and differentiates it from others.
Answer:
Brainwriting
Explanation:
Brainwriting is a way of getting ideas from each individual participants in a team or group. This method involves the members of the team writing the ideas that each one of them have in papers instead of verbally contributing their ideas.
That way, the members of the team can all contribute to the brainstorming session as coordinated by the team leader.
In the case of Marcia, she also requires her team members to contribute ideas individually so that each idea is read out one after the other and analyzed. That way, every member of the team is involved rather than two or three people controlling the session.
Cheers
Answer:
The trade off Bill's Bakery will make will be using most of its resources in producing the product that would be more attractive to the customers while producing lesser of the less attractive product
Explanation:
The trade off that Bill will make will be using most of its resources in producing the product that would be more attractive to the customers while producing lesser of the less attractive product. this will be dependent on which product will be more beneficial to Bill's Bakery financial i.e based on customers depend .
A Trade off is a business exchange where by one benefit is given up for another because both cannot be compatible at a time