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Svet_ta [14]
3 years ago
11

When the pandemic hit, Gloria, a local restaurant owner, experienced a major disruption to her business. To remain afloat, she h

ad to deal with all of the uncertainty of the situation, talk to government leaders about health procedures, and decide what steps to take to keep serving customers without allowing in-person dining. With her managers, Gloria worked to get a better understanding of what was going on and adjust their mental models for their business. This process is an illustration of which concept
Business
1 answer:
Finger [1]3 years ago
5 0

Answer:

Sensemaking

Explanation:

From the question we are informed about instance When the pandemic hit, Gloria, a local restaurant owner, experienced a major disruption to her business. To remain afloat, she had to deal with all of the uncertainty of the situation, talk to government leaders about health procedures, and decide what steps to take to keep serving customers without allowing in-person dining. With her managers, Gloria worked to get a better understanding of what was going on and adjust their mental models for their business. In this case, the process is an illustration of sensemaking concept.

Sensemaking Concept can be regarded as Concept by Karl Weick, which stressed on how the unknown is Ben structured and how we act on it. It gives leaders enablement to posses a

better grasp about activities going on within their environment so that other

leadership activities can be facilitated. This leadership activities could be relating as well visioning. Sensemaking Concept enables people to have chance in attributing meaning as regards to their collective experiences

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GarryVolchara [31]

Answer:

I believe its A signs one contract

8 0
3 years ago
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g There are three types of people in the town of Santa Barbara: 13 type A, 25 type B, and 32 type C. Everyone in the town loves
rusak2 [61]

Answer:

23.5 acres

Explanation:

Pareto Efficient garden area:

Marginal Cost = Marginal Benefit

     13G            = (13*3)+(25*3)+(32*6)

     13G            = 306

        G             = \frac{306}{13}

        G             = 23.5

7 0
3 years ago
A firm has a choice of raising or lowering its price. If the firm wishes to increase the revenues (the price times the quantity
Lemur [1.5K]

Answer:

The correct answer is option c.

Explanation:

In order to increase the revenue, the firm should increase the price when the demand is inelastic. Inelastic demand means that a change in price will cause a less proportionate change in quantity demanded.  

So when the price is increased it will lead to a less proportionate decrease in the quantity demanded. As a result, the total revenue will increase.

7 0
3 years ago
Stephani Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of May. Prior t
VashaNatasha [74]

Answer:

the manufacturing overhead for the month should be overapplied by $16,000

Explanation:

Given that

The debit to the manufacturing overhead is $53,000

And, the credit balance is $69,000

So, it should be overapplied by the

= $53,000 - $69,000

= $16,000

Therefore the manufacturing overhead for the month should be overapplied by $16,000

This is the answer but the same is not provided in the given options

7 0
3 years ago
When industries are limited by the size of the domestic market, opening trade to the world markets will likely lead to ________
kari74 [83]

Answer: c) economies of scale; increase

Explanation:

When industries are limited by the size of the domestic market, opening trade to the world markets will likely lead to economies of scale and increase real GDP per capita in the domestic country.

When this industry choose to break out of this limitation placed on them due to the small size of market in their country, the idea of opening trade to the world market would lead to reduction in production costs since they now have a larger market (and thus produce more). Also, the real GDP per capita in the domestic country should increase since the company in this domestic nation has expanded its production to the world market.

NOTE:

Economies of scale occur when the cost of production is now reduced because there is an increase in a company's production.

4 0
4 years ago
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