<span>control function of communication.
The functions of communication in an organization are to inform, persuade, and motivate. The second function of communication is the persuasion of employees through source credibility, emotional appeal, and social and ego needs.</span>
Answer:
1) When there is only one car dealership in a small town, giving the dealership the ability to influence the price of cars, market failure is due to <u>MARKET POWER.
</u>
2) When a manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream, market failure is due to <u>EXTERNALITY.</u>
Explanation:
The car dealership has an excessive market power
, which refers to the firms ability to increase the price of its products (cars) above the price of a competitive market.
When the manufacturing plant dumps chemical wastes into the river, it is causing a negative externality on the town's water supply. This means that the town (which is a third party in this case) is suffering from the actions of another party's economic transactions.
Answer:
The correct answer is letter "A": are shortcuts that save time and energy in decision making.
Explanation:
Heuristics is a practical technique for problem-solving. It is creative at the moment of taking decisions and can be applied to any matter of study. Sometimes heuristics are emotionally-based but in some other cases, it is knowledge-influenced. <em>While heuristics can save an individual's time and energy it could not lead them to make the best choice.</em>
Multi channel retailing is the term that used above where it is used to describe retailers that uses some combination of stores, catalogs and the internet in order to sell merchandise. They have the ability to use different marketing strategy just to sell their merchandise so that they can reach the people who will want to buy their merchandise.
