In a perfectly competitive market bell computers will cause profits to increase by producing one more.
A hypothetical market system is referred to as perfect competition. Perfect competition offers a valuable model for illustrating how supply and demand influence pricing and behaviour in a market economy, despite perfect competition seldom occurring in actual markets.
One of the most efficiently operating markets is one with perfect competition, when a large number of buyers and suppliers cooperate perfectly. Sadly, it is a hypothetical event that does not occur in the real world. But in order to guarantee a fair price for all goods and services, markets should strive to be as similar to this type of market as feasible.
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Answer:
Number of units required for the two operations to break even= 907 (approx)
Answer:
$939,220
Explanation:
6400000 +12000000 = 18400000
we have to calculate the average interest on the general borrowing
= (10% of 6400000/ 18400000) + (11% of 12000000/18400000)
= 10% x 0.3478 + 11% x 0.65217
= 0.03478 + 0.0717
= 0.10648
= 10.65%
avoidable interest = (amount borrowed x percentage) + (expenditure-amount borrowed) x 10.65%
= 3200000*12% + (8,413,333-3200000)x10.65%
= 384000 + 555219.9
= $939,219.9
≈ $939,220
Answer:
Transformational Leadership Theory
The Transformational Leadership theory, also known as Relationship theories, focuses on the relationship between the leaders and followers. This theory talks about the kind of leader who is inspirational and charismatic, encouraging their followers to transform and become better at a task.
Transformational leaders typically motivated by their ability to show their followers the significance of the task and the higher good involved in performing it. These leaders are not only focused on the team's performance but also give individual team members the required push to reach his or her potential. This leadership theories will help you to sharp your Skill.
Transactional Theories
Transactional Theories, also referred to as Management theories or exchange theories of leadership, revolve around the role of supervision, organization, and teamwork. These theories consider rewards and punishments as the basis for leadership actions. This is one of the oft-used theories in business, and the proponents of this leadership style use rewards and punishments to motivate employees.
Answer:
True.
Explanation:
A functional organisation focuses on grouping staff according to their areas of specialisation, and the project manager is an expert in that field. This is to ensure the project manager can effectively supervise the staff to deliver quality work.
There is less emphasis on the manager's powers of resource control.
However in projectized organisation the project manager has a lot of authority for budgeting, personnel, and decision-making.
