Answer:
<u><em>The answer is:</em></u> team participation to perform strategy-critical activities in light of prevailing circumstances.
Explanation:
The good execution of the strategy is mainly related to the ability of managers to involve all operational areas and all employees in the process of participating in the strategic actions that were developed to achieve the goals and objectives of the organization.
Therefore, managers have an essential role in exercising control, coordination and monitoring of the teams, so that the execution of the strategy takes place in an effective and active manner, being shared as a responsibility and efforts of the entire team.
Answer:
c.
Explanation:
Advocacy advertisement refers to marketing in order to raise awareness about a specific issue as well as convince the public to take specific action. Therefore in the context of business, the purpose of an advocacy advertisement is to state the position of a company on the specific issue being discussed issue.
Answer:
The dual labor market is related to a theory which is divided into two parts: Primary sector/ market and Secondary sector/market.
Explanation:
The dual labor market hypothesis is divided into two sectors: Primary market and secondary market.
The primary market consists of various jobs that focus on offering a good working environment, stability in job, various opportunities, and high wages.
The secondary market consists of a poor working environment, low changes of advancement, high labor turnover, and low wages.
Answer:
A perfectly competitive firm will minimize its losses by shutting down when: P < TFC at the profit-maximizing level of output. P < MC at the profit-maximizing level of output.
Explanation:
A firm will choose to implement a production shutdown when the revenue received from the sale of the goods or services produced cannot cover the variable costs of production. In this situation, a firm will lose more money when it produces goods than if it does not produce goods at all. Producing a lower output would only add to the financial losses, so a complete shutdown is required. If a firm decreased production it would still acquire variable costs not covered by revenue as well as fixed costs (costs inevitably incurred). By stopping production the firm only loses the fixed costs.
Answer:
False
Explanation:
Accidents can happen no matter your experience level. Always wear PPE
