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3 years ago

HURRY PLEASE! :)

Business

1 answer:

Evgen [1.6K]3 years ago

6 0

Answer:

Please see explanations below

Explanation:

Creative resourcefulness and ethic is when one has the ability to perform task in a dynamic way- usually different from the norm while adhering to internal control and procedures, behaviours and policies of the organization.

Some employees have inmate abilities like being creative while some develop them it inorder to accomplish their goals. They think outside the box and in a faster way. They look for better and other ways of performing a task which are often times in tandem with what employers want.

Where a task is being done manually, an employee might come up with a faster and better way of performing such task like automating it. When such task is automated, the process follows the culture, behaviour, policies guiding automation in such organization, then it is resourceful and ethical.

On the other way round, if such process is automated without taking into consideration what company ethics guides same, then the employee has crossed the line between resourcefulness and ethics of the company.

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Game theory suggests that competing firms in an oligopolistic industry may be

alina1380 [7]

Game theory suggests that competing firms in an oligopolistic industry may be reluctant to change prices because they anticipate that rivals will match price cuts but ignore price increases.

<h3>What is Game theory?</h3>

Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.

Dominant strategy is the best option for a player regardless of what the other player is playing. Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.

Here are the options:

. too quick to raise prices because they will fail to anticipate that rivals may gain market shares.

b. reluctant to change prices because they anticipate that rivals will match price cuts but ignore price increases

c. reluctant to change prices because they anticipate that rivals will ignore price cuts but match price increases

d. too quick to cut prices because they fail to anticipate that rivals may also cut their prices.

To learn more about game theory, please check: brainly.com/question/25746243

6 0

2 years ago

Read 2 more answers

What is an example of E-commerce

Romashka [77]

Answer & Explanation:

E-Commerce or Electronic Commerce means buying and selling of goods, products, or services over the internet. ... The standard definition of E-commerce is a commercial transaction which is happened over the internet. Online stores like Amazon, Flipkart, Shopify, Myntra, Ebay, Quikr, Olx are examples of E-commerce websites.

8 0

4 years ago

Read 2 more answers

Which document not only helps in a job search but also helps in job advancement?Apart from a job search, a “blank”

rosijanka [135]

Answer:

resume

Explanation:

A resume aids the job-seeking process in that it: organizes experiences and skills.

3 0

3 years ago

Under process model, organizational effectiveness is portrayed by having internal conflict where information flows easily both h

andreev551 [17]

Answer:

True

Explanation:

The process model is a model that represents the work flow for achieving the company goals and objectives

In the process model, the effectiveness of an organization would be portrayed by the conflict that occurs internally. It could be the situation when the flow of the information is in a horizontal way and in a vertical way and the functioning of the operations internally is quite smooth and works with trust towards individuals

Therefore the given statement is true

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3 years ago

Describe the characteristics of sole proprietorships, partnerships, limited partnerships, and joint ventures

raketka [301]

Answer:

The characteristics of each business types are given below:

Explanation:

<u>Sole Proprietorship</u> is the type of business in which the liability is limitless. Due to this issue, the owner is solely responsible to pay off the debts of company from his personal owned assets if the business goes bankrupt.

<u>Partnership</u> is just like sole proprietorship but here the partners are the only responsible persons to payoff the debt of the company because the liability is limitless. The burden of the company debts is equally shared among the partners.

<u>Limited Partnership</u> is less risky because the liability is limited and only the amount invested in the business is subjected to the payment of borrowings from the lenders. The limited partner is responsible for his actions which means if his misdeed resulted in fine then it would be paid from his share first and then the other partners are equally liable for compensation if their is still any amount left. The resources of all the partners help to grow the business and the best resource here is the partner's knowledge in the core operation of the business.

In the case of <u>Joint Venture</u>, two or more than two limited liability companies jointly invest in a single project by pooling their resources in it to gain maximum benefit out of the business. So as the limited liability companies are the partners in the joint venture, the liability is limited and the burden of the payment of the liability falls on the company partners. So the investor is not subjected to pay the debts of the company because the limited liability company is a separate entity and is solely liable to pay for its debts.

4 0

3 years ago