Well, there aren't answer choices, and I am assuming you are talking about clothes. If clothes are more elastic, then more people can wear them, which means more people might buy them. Hope this helps, not sure though.
General management is responsible for the security of the facility in which the organization is housed and the policies and standards for secure operation.
<h3>What do you understand by general management?</h3>
A broad word used to describe both the job duties of organizational positions and the behavioral roles of people holding them is general management.
Essential general manager talents include
- Organization,
- Strategic Planning,
- Leadership,
- Technical Skills,
- and Communication Skills.
- Determine areas that want improvement.
While overseeing a company's or division's overall operations, a general manager is expected to boost productivity and boost revenue. Managing workers, keeping an eye on the budget, using marketing tactics, and many other aspects of the firm are all part of the general manager's responsibilities.
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Governments apply a Minimum Wage policy on Businesses to ensure the employees working for the businesses do not get exploited and get paid fairly. The trade off here is that with the Minimum Wage law in effect the businesses would face an increase in labor costs, since they gotta pay them more than if there was no Minimum Wage law, and businesses would lose out on some profit due to this increase in labor costs. To reduce these costs businesses might let go of some employees, either by firing them or making them redundant (either way the employee is losing the job) and this increases the Unemployment Rate in the country which the government does not like, as one of the government’s aims is to keep the Unemployment Rate low in their country but with their Minimum Wage law in effect they keep the businesses in check to ensure they don’t exploit their workers but they end up increasing the Unemployment Rate due to Businesses trying to retain (get back) some of their lost profit (that they lost due to the government’s Minimum Wage law).
It's the second one; production of consumer goods increased.
Answer:
<h2>National Benchmark Teats</h2>