Answer:
The correct answer is letter "B": False.
Explanation:
Scientific Management also called Taylorism after American economist and father of this theory Frederick Winslow Taylor (1856-1915), looks for increasing companies' efficiency by improving labor productivity and understanding the psychology of workers.
That will be achieved by <em>hiring the correct workers for a job, monitoring their performance and providing training, and dividing the work between management and workers correctly so managers can take care of handling the business operations while employees of executing those operations.</em>
Answer:
far fewer buyers is the correct answer.
Explanation:
Answer:
The correct answer is True.
Explanation:
These are the measures implemented by the Government aimed at channeling the economy towards certain goals. The fundamental tools available to the Government for this are the management of the volume and destination of public spending. Fiscal policy also includes ways to finance government expenses. For example, if the economy is entering a recessive phase, the Government can reduce taxes and increase spending, in order to expand aggregate demand and overcome the recession. If there is a very high level of unemployment, you can try to create new jobs and grant temporary benefits to the unemployed; If there is a high inflation rate, it will try to reduce spending to counteract possible demand pressures and moderate price rises.
The objectives of the policy are: moderate economic cycles, seek to raise the level of national income, redistribute income, provide public goods, increase employment, etc. However, in certain situations, achieving a fiscal policy objective will ultimately be conditioned by the general objectives of the economic policy pursued by the Government at a given time.
Price is the decision variable in the given model.
Answer: Option C.
<u>Explanation:</u>
For a model which is related to the field of commerce and affects a particular organisation or a firm, for that price is the most important factors. Because fixing the price at a particular level will help the firm earn profits and maintain position in the market.
Price is the cost of the product which is available to the customers in the market. The consumers have to pay that price to get a particular quantity of that particular product.
The process in which information flows in two directions with the receiver providing feedback and the sender is receptive to the feedback is referred to as communication.
