Answer:
False
Explanation:
Reverse innovations are innovations that are developed and tested in developing markets before it is transferred to developed markets.
It is called reverse because innovations are taken from developing to developed markets as against developed to developing markets.
Cheers.
Conversational style is a writing style that differs from customary contract prose. Instead of being formal and impersonal, it makes a contract sound more like a conversation.
True, Hierarchy is the means of coordination in which independent agents adjust their actions in response to information and incentives from their immediate environment.
- Typically, the term "coordination" refers to the planning of collaborative actions among participating systems to achieve a goal.
- In the Ramadge-Wonham framework (1987), hierarchical coordination of separate systems described by automata is presented.
- A group of individuals or objects ordered according to rank, or the individuals who hold the highest positions in such a system, are considered to be in a hierarchy.
- A hierarchy example is the business ladder. The many ranks of priests in the Catholic church serve as an illustration of hierarchy.
What is the type of coordination?
Internal coordination, or creating a connection between all of the employees, departments, etc., and external coordination, or creating a connection between the employees and others outside the organization, are the two main types of coordination.
Learn more about Hierarchy
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Answer:
$1,680
Explanation:
Based On the information given if on July 1 the company paid the amount of $3360 as a premium on a year insurance policy which as well include benefits beginning on that date, What will be the insurance expenses on the annual income statement for the first year ended December is $1,680 Calculated as:
Insurance expenses=6/12*$3360
Insurance expenses=$1,680
Therefore What will be the insurance expenses on the annual income statement for the first year ended December is $1,680
Answer:
Economist Brown : Perfectly Inelastic (Vertical) Aggregate Supply
Economist Black : Perfectly Elastic (Horizontal) Aggregate Supply
Explanation:
Economy is at equilibrium where : Aggregate Demand = Aggregate Supply.
Aggregate Demand is downward sloping curve, as aggregate demand is inversely related with price. Increase in AD shifts the AD curve rightwards.
Aggregate Supply is usually upward sloping curve, as it is directly related to price. However, as per given special cases by Economists Black & Brown, it is as undermentioned :
- Black : AD increase (rightwards shift) increases only price if - Aggregate Supply is perfectly inelastic i.e non respondent to price & AS curve is vertical.
Real GDP is the total value of goods & services produced by an economy, valued at constant base prices. Increase in real GDP implies increase in production quantity.
- Brown : AD increase (rightwards shift) increases only Real GDP (quantity) if - Aggregate Supply is perfectly elastic (infinitely respondent to price, so prices constant) & AS curve is horizontal.
