Answer:
c. reduce government costs by relocating government programs to private groups or corporations.
Explanation:
Privatisation is reducing the share of government ownership & increasing the share of private ownership.
It can be done in two ways : Disinvestment of Public Sector Units (PSUs) Equity , Transfer of PSU (s) ownership & management to private sector.
Privatisation by either of the two ways reduces the financial burden on government, by liberating them from management of public sector or state owned enterprises. This public private reallocation, hence reduces government costs or expenditure - by assigning programs unnecessary to be done by public sector - to private groups or corporations.
Eg : When Indian Economy underwent New Economic Policy [Liberalisation, Privatisation, Globalisation] in 1991, it reduced government reserved sectors from 18 to only crucial 3 - Railways, Defence etc.
Explanation:
The path-goal theory is based on adjusting the leadership style to the needs of employees and the work environment, in order to achieve goals.
In the scenario above, there is a work environment composed of qualified and experienced employees for the function, so the most appropriate leadership style for this scenario according to the path-goal theory would be participative and achievement-oriented leadership.
Participative leadership is a leadership style that ensures greater involvement of employees in decision-making, is effective in a work environment that has qualified and engaged employees. The achievement-oriented leadership style refers to the challenging goals proposed by the leader to employees and the confidence he has in the employees' ability to meet their expectations.
b) Two challenges in the team dynamics that make it difficult to support the view that teams are synergistic may be the lack of communication and a very centralized leadership.
The teams are composed of individuals with different personalities but who join their efforts to achieve organizational goals and objectives.
Therefore, it is necessary to have a leadership style that is geared towards the whole of the team, that seeks to engage and respect the individualities of each member of the team but that motivates them to seek common goals. It is also necessary that communication is valued, that all members feel they are a necessary part of the team, so that the information can be passed on properly and also to avoid conflicts that may occur.
A show statement is used by a database administrator to get details about the items in a database. A data dictionary has this information.
- facts factors applied or recorded in a database, facts device, or as a thing of a studies examine are given names, definitions, and houses in a data dictionary.
- A imperative store for metadata is known as a facts dictionary. records about facts is called metadata.
- Examples of information that might be found in a company's data dictionary include the names of all the databases that make up the organisation.
The shape and content material of records are categorised and communicated the use of a information dictionary, which also offers insightful descriptions for mainly distinct data objects.
The database control machine where the information dictionary is stored is accountable for this. therefore, on every occasion a database change is finished, the database control device without delay updates the facts dictionary. due to its self-updating nature, that is referred to as an energetic statistics dictionary.
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Answer:
The Answer is A) 2
Explanation:
Drawing details from the question, the formula for calculating Average Waiting Time under the Single -Server Queue Model is given as:
Average Waiting Time = <u>(Average No of customers waiting in line</u>)
λ
> λ is a mathematical symbol pronounced Lambda and here refers to <em>Rate of Arrival.</em>
> We have Average Waiting Time = 8
> We have λ (Average Rate of Arrival) = 15 People every hour (that is 60 Minutes)
> that is 15/60= 0.25
Therefore λ = 0.25
> Lets assume that Average No. of Customers Waiting in Line is C
Our formula (by substituting the various factors above now becomes
8 = C/0.25
To get, we cross multiply. So we have:
C = 8 x 0.25
C = 2 thefore the Average No. of Customers waiting according to the single-server queue model given the above conditions is 2.
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Answer:
P = 70, Ed = ∞ , Firm = Price Taker , Free Entry & Exit
Homogeneous Product , No selling costs , Long Run Normal Profits
Explanation:
Perfect Competition is a market form with : many number of buyers & sellers, selling homogeneous goods at uniform prices, while firms & consumers having perfect information & no selling costs.
In this market : Price = Marginal Cost , as taken by all firms from the industry & so demand curve is horizontal parallel to x axis - denoting perfectly elastic demand i.e infinite sale at prevailing price.
As market's all sellers goods are homogeneous & all have perfect information about it, no selling costs are required. Free Entry & Exit in industry also imply that Industry's profits are confined to 'Normal Profits' (No Supernormal profit / abnormal loss) in long run.
So, Smith's report would include all the above mentioned remarks.
