Answer: product specifications
Explanation: In simple words, product specifications refers to the criteria which is used to decide the products that one should use. It directs the specifications that are required to choose a product among other alternatives.
Thus, from the above we can conclude that the correct answer is product specification.
Answer:
<u>Understand the decisions</u>
Explanation:
Whenever people as a group discuss a matter, bringing out all argument in favor and against a decision and subsequently settle upon a course of alternative, such an activity promotes mutual understanding and resolves conflicts.
Involving the people in decision making process, who will ultimately implement a decision, builds trust and makes the implementation process much smoother as employees are able to gain a better understanding.
In the given case, Terra invited her staff for discussions, exchange of ideas and thoughts so as to collectively as a group, arrive at a decision. Members in such a scenario will be able to appreciate the decision better and such an activity helps people to gain a better understanding of the decision.
Answer: Switching cost
Explanation:The cost incurred by consumers while switching from one product to another or from one brand to another is called switching cost. Generally it is monetary but could also be psychological or effort and time based.
In the given case, the company is charging its customers if they cancel their contract earlier. Such cancellation means they are switching to some other company.
Thus, we can conclude that the correct option is E.
Answer:
The correct answer is C
Explanation:
Organizational culture is the culture or the system of the shared beliefs, assumptions and values, that governs the people or employees behave in the organization. And these shared values or beliefs have a very strong impact on the people in the organization.
The ultimate and final source of the organization culture is the founders of the organization as they dictate on how they should act, perform their jobs and dress.
Answer:
The correct answer is economy of the nation.
Explanation:
Inflation has a consequence in companies, but we can say that it can cause an initial increase in benefits since wages and other costs are modified based on price variations, that is, they are altered once prices They have varied.
This results in increases in dividend payments, interest and capital investment. In addition, many people can increase their spending with the feeling that buying later can be more expensive. But this is the first initial action in some cases.
In this way, inflation at the national level can lead to an improvement in the trade balance if the same amount of goods can be sold but at higher prices. Even in spite of this, it is a value that distorts normal economic activity, since on the other hand it reduces the purchasing power of people and can lead to a reduction in consumption since you can not buy more.
