Organizational culture refers to a set of unspoken guidelines that employees share in various work situations.
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Explanation:</u></h3>
The set of expectations that an organisation has towards its employees, the experiences, values to act as a guide to the behaviour of the employees and the experience are encapsulated in the organisation culture. It is the set of guidelines that helps the employees to conduct themselves within and outside the organisation.
It can be considered as a set of values, beliefs and assumptions that shapes the behaviour of the employees of an organisation. It is the one through which the image of an organisation is projected. It helps the employees to work the way the organisation expects from them.
Answer:
1. Market Equilibrium, 2. Interest Rate, 3. Rationing, 4. Supply Shock, 5. Excess Supply, 6. Excess Demand, 7. Price Floor
Explanation:
1. The point at which quantity demanded and quantity supplied are equal: <u>Market Equilibrium </u>
2. The financial and opportunity costs consumers pay in searching for a good or service : <u>Interest Rate </u>
3. A system of allocating scarce goods and services by criteria other than price: <u>Rationing </u>
4. A sudden drop in the supply of a good: <u>Supply (decrease - leftward shift) shock </u>
5. Any situation in which quantity supplied exceeds quantity demanded: <u>Excess Supply </u>
6. Any situation in which quantity demanded exceeds quantity supplied: <u>Excess Demand </u>
7. A government-mandated minimum price that must be paid for a good or service: <u>Price Floor (Minimum Support Price)</u>
Answer:
Huduko Inc.
The number of servers in this system is:
= 200.
Explanation:
a) Data and Calculations:
Utilization rate = 30%
Interarrival time of jobs = 8 milliseconds (0.008)
Coefficient of variation = 1.5
Average jobs waiting in the queue to be served = 20
Number of jobs in process = 60
Number of servers processing the 60 jobs = 60
Since the number of servers processing at a time is 60 with a utilization rate of 30%, it means that there are 200 servers in the system (60/30%).