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nikdorinn [45]
3 years ago
15

One of the main tools used by economists to measure the actual distribution of income in an economy is:

Business
1 answer:
vekshin13 years ago
7 0

Answer: Lorenz curve

Explanation:

One of the main tools used by economists to measure the actual distribution of income in an economy is known as the Lorenz curve.

The Lorenz curve Lorenz curve is a graph that shows the inequality witybrwgrds to the income and wealth distribution for a particular economy. The x-axis on the graph shows the population, while the y-axis shows the wealth.

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A method managers use to evaluate the resources at their disposal and manage or alter them to achieve competitive advantage is r
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Answer:

Resource View

Explanation:

A resource view or resource-based view is a strategic tool, hence its use by managers. It is bascially employed by management for the assessment of an organisation's strategic resources or assets in order to enhance the efficient and effective use of all available resources to maximize competitive advantage.

Some refer to the Resource Based View (RBV) as a managerial framework specifically employed to strategically maximize resource use for sustained advantage over competitors.

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I’m two to four sentences, explain economics of scale.
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A company that asks candidates to engage in group discussions, business game simulations, presentations, and role play exercises
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Answer:

A company that asks candidates to engage in group discussions, business game simulations, presentations, and role play exercises, so that members of management may evaluate their performance capabilities is probably using this method of selection:

  • Assessment Center

Explanation:

  • Assessment Center method is such a method of selection in which the recruiting company measure the performance of the candidates by engaging them in different activities.
  • These activities can include business scenarios, job simulations, psychological tests etc.
  • For example, if a company is recruiting and for evaluation they ask the candidates to consider themselves in a particular role. Then they ask them how will they perform their duties. This is an example of assessment center selection method.
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3 years ago
A ________ is a person, household, or company that over time yields a revenue stream that exceeds by an acceptable amount the co
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Answer:

"B"

Explanation:

A profitable customer is a person , household or company that over time yields a revenue stream that exceeds by an acceptable amount the company's cost stream of attracting , selling and servicing that customer.

They are necessary for the existence of a business into the foreseeable future as profit is key to the survival of all businesses

In identifying a profitable customer ,one needs to

  • define who is customers are
  • products bought by them
  • identify the most profitable products
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Sergey brin and larry page are the founders of google. most would agree that they have a superb product, but in order to grow, t
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