A planning process is ongoing when there is a review of the marketing plan to prompt Sum Company to look at the relationship between analysis and determination.
<h3>What is a
planning process?</h3>
This refers to the necessary steps taken by a company to develop its budgets to guide its future activities.
Hence, a planning process is ongoing when there is a review of the marketing plan to prompt Sum Company to look at the relationship between analysis and determination.
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Based on the principle of economics, the correct answer goes thus:
Economists distinguish among the immediate market period, the short run, and the long run by noting that:
- Elasticity of supply will increase when the number of producers selling a product decreases.
<h3>Immediate market run</h3>
Economists distinguish among the immediate market period, the short run, and the long run by noting that there will be increase in elasticity of supply.
In conclusion, we can conclude that the correct answer is the increase in elasticity of supply.
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Answer:
C) legal component
Explanation:
When Jane got the job at Incogyn Inc she signed a contract that states she would receive $7,500 after all taxes are paid. Instead she was paid $7,230.
This is a misinterpretation of information, breach of the contract between Jane and Incogyn so the loss incurred was as a result of legal component of Incogyn Inc's environment.
When companies make deductions not previously agreed upon, the information should be passed along to the employees to avoid legal action.
The annual premium for Zack's house would be <u>cheaper</u> through <em>AAA </em>than <em>Thompson’s Insurance. </em>
<h3>How to calculate the annual premium of two companies? </h3>
AAA company is offering $0.36 per $100 of value.
Thompson company is offering $3.63 per $1,000 of value;
Hence, <u>0.363</u> is higher than 0.36, which makes <em>AAA company </em>more beneficial for insurance.
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