Answer:
The correct answer is: controlling.
Explanation:
The controlling function in management helps to measure progress towards the organizational goals and brings with it any variations to indicate corrective action. It is a useful tool that allows organizations to verify if everything is happening according to the initial plan adopted.
There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.
<h3>What is the impact of technological improvement?</h3>
Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.
A technological improvement in the production of a good would make it easier to produce a good. Thus, the supply curve would move forward.
Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product. Equilibrium price would decrease.
To learn more about an increase in supply, please check: brainly.com/question/14727864
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Answer:
Market equilibrium
Explanation:
The market equilibrium is the price at which the quantity demanded and the quantity supplied are intersected to each other
The intersection could be done by supply and demand curves
Moreover, there is a positive relationship between the price and quantity supplied while for quantity demanded it has an inverse relationship between the price and quantity demanded
It is essential for companies to invest in building a complete data and analytics platform to generate insights by housing data in one place and converting it into easily consumable information at high speed.
<h3 /><h3>Data and analytics platform</h3>
It corresponds to automated services and technology capable of processing a large amount of complex data and transforming it into relevant information in an organization.
Therefore, storing data on a platform can help to understand organizational scenarios, identify patterns, visualize and combine information to support organizational decisions more effectively and quickly.
The correct answer is:
- It generates insights by housing data in one place and converting it into easily consumable information at high speed.
Find out more information about analytics platform here:
brainly.com/question/25893584
Answer:
a. I will hire three new salespeople prior to our next product release.
Explanation:
Smart goals are specific, measurable, attainable, result oriented and time bound. When a new product is released, new sales person will help boost sales of the product. The sales person will inform customers about the new product features and specifications. The customers will be able to choose the product based on their preference.
