Answer: is developed after considering possible events.
Explanation:
A contingency plan is a plan made by an organization where they prepare for the worst possible outcome from a current event. A contingency plan is formed after considering various outcomes that can occur and preparing for the worst possible case scenario. A contingency plan helps a company to be prepared for any outcome positive or negative.
So theoretically, opening a new cup cake shop would decrease the demand for ice cream. A decrease in demand would cause the demand curve to shift to the left.
Answer:
The correct answer is letter "A": having proven technological expertise and an ability to churn out new and improved products on a regular basis.
Explanation:
Resources are all those components that organizations use for production. Mostly known as the factors of production they are:
- Land: <em>physical territory where the company handles its operations including its raw materials.
</em>
- Capital: <em>monetary resources, machinery, </em><u><em>technology</em></u><em>, and buildings. Social and intellectual capital.
</em>
- Labor: <em>people performing physical and intellectual work.
</em>
- Entrepreneurship: <em>innovation to use the land, capital, and labor at its maximum level possible.</em>
<em />
Therefore<em>, technology is a source useful for production from where companies can create other goods. Combined with expertise it could represent a competitive advantage that allows firms to outstand.</em>
Answer:
20.875
Explanation:
18+24+17+21+24+16+29+18=167/8=20.875
<span>a casual operation where few records are kept of income, expenses, stock and other items. </span>
