Answer:
Intervene and implement anti-fraternization policies if that's possible and legal. Motivate your team and improve communication as soon as
Explanation:
Before things get out of hand actions must be taken and it should be made clear favoritism is not allowed in the organization.
It would also be helpful if the team leader and team members were put into different teams as then the other members will not feel any sort of unbiased behavior towards themselves.
Please take into consideration the feelings of the involved parties as well. It's hard for people to do their best when they are unhappy or unmotivated.
Make sure to motivate your team as much as you can. A well-motivated team is a key to success. Listen to What People Are Not Saying, give Positive Feedback. Disagree without being disagreeable.
It would be be awkward for the team to freely communicate as before so please try to be an icebreaker. Let them know they are here for a common goal and they need each other to excel at it.
Answer:
The present value of the future cash inflows from this investment is $19,740
Explanation:
Profitability Index is a useful tool for ranking project because we can know the amount/ value created by per unit of investment.
Profitability Index = Present value of future cash flow/ Initial Investment
↔ 0.329 = Present value of future cash inflow/ $60,000
↔ Present value of future cash inflow = 0.329 * $60,000 =$19,740
Businesses often segment the market based on key demographics such as age, gender, income level or marital status, but they also use more precisely defined categories to target specific groups.
Answer:
Language differences that make communication challenging among employees and managers.
Cultural diversity that affects the code of conduct of business.
Explanation:
Multinational firms are firms that operates and transact business activities outside their country of incorporation.
Despite the advantages of an extended reach and flexibility in operation , it also faces some challenges.
Language differences as different ethnics and culture are involved ,brings a challenge in communication between employees and manager. Citizen of a francophone nation will struggle to communicate with another from an anglophone country.
Another challenge as mentioned in the question is that the code of conduct could be also be affected due to cultural diversity.
Answer:
An economic system is defined by the way scarce resources are distributed in an economy.
There are 4 types of major economic systems which are following;
- A mixed economy is an economic system, like its name is a mix of elements of planned economies, free markets with intervention of the state and public enterprises.
- A command economy is a system where the government is key decision maker of what goods and services will be produced and introduced by the economy.
- A market economy is the one in which the investment, production and distribution are dictated by the forces of demand and supply.
- A traditional economic system is a result of customs, history and cultural norms which include the rules and manner of their distribution as well.