Answer:
It will increase the income inequality between the low income earners and the high income earners.
Explanation: Income inequality is a term used to describe the Difference or gap between income earners within a given economy. If the rate of increase of income is higher for the low income earners than for the high income earners it will help to reduce the inequality gaps between both classes. But when the rise is more for high income earners than for low income earners it will increase the inequality gaps between both classes.
Economics is a social science concerned with the production, distribution, and consumption of goods and services. ... Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the economy as a whole, and microeconomics, which focuses on individual people and businesses.
Answer:
Seemingly the most suitable answer is D. Paying too much attention to customer needs.
Explanation:
Ever heard the impression too much of anything is too bad? That's the case here. When too much attention is given to the customer need, the process of development get stagnated in one point and the company loses the track of their ability to produce such a "perfect" product.
The company should consider their financial.capacity and resources availability as well.
Answer:b) false
Explanation:
They would not want to stock up on something that the market price will decline significantly on, they would do the opposite
The correct answer to this open question is the following.
There have been some rumblings within the firm that this development project is not necessary so John and others feel it is important to explain the reason for the project at the outset. The name that goes next to this point on the agenda is "Tom."
The reason why is that John is the leader of the project called Joint Application Development or JAD. Tom is the second member of the hierarchy of the project. Tom is the representative of top management. Then, the other members of the group are Jennifer, Alen, Ian, Linda, Alex, and Clark. Jennifer is a manager. Alex and Linda are analysts of the system. Clark is the recorder. Finally, Ian and Alen are users. So in hierarchical order, Tom should be the one next on the agenda.