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Brrunno [24]
2 years ago
11

Paolo is an owner of a professional sports team in a large league. To promote fairness, the team with the most losses in the lea

gue automatically gets the best new player to enter the league next year. Consider the following sentence: In order to get the best new player next year, Paolo orders his team to intentionally lose as many games as possible. Which basic concept of individual choice does this sentence best illustrate? Externalities are a shortcoming of the market. An optimal decision is one that best serves the objectives of the decision maker. All costs are opportunity costs. Opportunity costs and money costs (price) are related, but not always exactly the same.
Business
1 answer:
butalik [34]2 years ago
8 0

Answer and Explanation:

According to the given situation, Paola would be rational decision maker and if the team suffered losses so in the next league they would get the best new players so he ordered his team to lose many teams as he is aware of the fact that the opportunity cost of game losing would be closet to zero

So the second option is correct

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Firdavs [7]

Answer: (C) Physical

Explanation:

 The physical is one of the type of component pf the cultural intelligence that is specifically used for understanding the capabilities for effectively managing the work.

The cultural intelligence helps in encouraging, motivating and also support the employees in the company.

According to the given example, the Sam is known as the great communicator skills which include the body language, shift the pattern of the speech and also the expression.

Therefore, Sam is showing his strongest side by managing the physical cultural intelligence.    

 

3 0
3 years ago
A retailer in lincoln, nebraska, who wants to open a store that will sell surfboards and surfing accessories, finds that the loc
storchak [24]

Sustainability as a factor for evaluating a market segment is seen in the given scenario. Sustainability means understanding the interconnections among economy, society, and environment and considering the social, environmental and economic demands while making the business.

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3 years ago
What are the "flows" within a supply chain, and why are they important?
ZanzabumX [31]

Answer:

Supply chain management is the coordination, management and strategy that drives the flow of data, information, resources and materials to deliver the best product and service to all stakeholders in the process of converting raw goods to a salable product and delivering it to the ultimate customer. There are three main flows of supply chain management: the product flow, the information flow, and the finances flow. The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needs.

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7 0
2 years ago
Employees at Fratelli Inc. are encouraged to participate in decision making. Organizational control is based on group norms and
BARSIC [14]

Answer:

Letter a is correct. <u><em>Descentralized control</em></u>.

Explanation:

A company that has decentralized control has a more flexible hierarchy, where all employees are motivated to contribute ideas and opinions and participate in the decision making process. Decentralized management is common in large companies, such as Google and Dell, which ensures greater autonomy and freedom of action for employees.

The biggest benefits seen by decentralization are the flexibility to adapt to market changes, the speed of decision making that prevents opportunity costs, and the sense of motivation and value creation between employee and organization.

6 0
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-Autumn Leaves

7 0
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