Answer: (C) Competitive intelligence
Explanation:
The competitive intelligence is one of the process of analyzing the various types of information that helps in learned abut the market, consumers and the competitors.
The main objective of the competitive intelligence is that it helps in support the various types of strategic decisions in an organization.
According to the given question, the competitive intelligence is helps in gathering the data for improving the ability of an organization in this competitive environment.
Therefore, Option (C) is correct answer.
I would say that all of the following are steps to help you be a good problem solver except B and C. You need to define the problem and then set about creating solutions. For example, if it is becoming too expensive to haul ore out of an open pit because it its too deep so the haulage costs are prohibitive, then a potential solution involves decreasing haulage costs by shortening the haul which can be resolved by extending in pit conveyors and crusher down close to the ore deep within the pit.
Answer: Your team members should work together closely to write each section of the report.
Explanation: As per the given case, the initial investigation has already been done by the team.Thus, in the second phase they will need to gather different ideas and perspectives that should be implemented for achieving the goals.
Hence they should work closely so that more and more of ideas could be considered.
<span>During an economic downturn, consumers spend considerably less on goods and services. this results in layoffs that are classified as CYCLICALLY UNEMPLOYED.</span>
Managerial reputation is an <u>External </u> incentive that helps to mitigate the <u>Owner-manager </u> principal-agent problem.
Explanation:
<u>The theory of incentive propose that the behavior of an individual is motivated by the “pull” of external goals, such as rewards, money, or recognition. </u>
In many situations in which a particular goal, such as a promotion at work, can serve as an external incentive that helps activate particular behaviors in an employee
<u>Monetary incentives means to reward the workers for their performance and productivity through money. </u>
<u>Monetary incentives also include employee stock options, profit sharing plans, paid time off, bonuses and cash awards.</u>
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<u>So we can say that </u>
Managerial reputation is an <u>External </u> incentive that helps to mitigate the <u>Owner-manager </u> principal-agent problem.
