Answer:
a. The value chain
Explanation:
The value chain refers to a series of activities that a firm carries out in order to deliver a particular product or service.
These are set of activities carried out by a firm that aims to create value for its customers. The primary activities of value chain are outbound logistics, inbound logistics, marketing and sales and service.
Answer:
Expected Return =
Recession = ( 20/100)* 20% = 4%
Steady = (40/100)*10% = 4%
Boom = ( 40/100) * 35% =<u> 14%</u>
Expected Return = <u> 22%</u>
there is no answer in the option. The correct answer is 22%.
Explanation:
Expected return of share is the summation of probability multiply by the return expected in a situation of the economy.
Answer:
d. horizontally summing individual supply curves.
Explanation:
Each firm will have its own supply curve depicting the relationship between the price and the quantity of goods it is willing to produce at that given price. The market supply curve is obtained by aggregating the different firm supply curves i.e. the total quantity suppliers are willing to produce when the product is sold for a given price.
Based on the above, option d is the correct answer.
Answer:
A process whereby managers direct employees to perform certain tasks.
Explanation:
Coordination plays a very important part in the success of an organization. With a number of different people and departments working towards a common goal, it presents a lot of advantage to help keep the efforts synchronized and integrated.
Cordination is an ongoing process for achieving a specific goal in the organisation.
Managerial coordination ensures unity of action among the employees in carrying out various activities and tasks to ensure the growth of the organisation.
Answer: The correct answer is choice c.
Explanation: In this example, Mr. Parker has a high degree of referent power. Referent power is a form of reverence gained by a leader who has strong interpersonal relationship skills. The staff typically express enthusiasm for their work because of this type of leader’s personality and leadership style.