Answer:
the person makes his own decisions regarding the business
Chapters 11
I believe!
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Answer:
The short run refers to a period of less than one year.
Explanation:
The statements is false that the short run refers to a period of less than one year.
The short run, long run and very long run are different time periods in economics.
<u>Short run – where one factor of production (e.g. capital) is fixed</u>.
long run – Where all factors of production are variable,
Unlike in accounting where operating period refer to a period of one year, <u> there is no hard and fast definition as to what is classified as "long" or "short" and mostly relies on the economic perspective being taken.</u>
The Delphi technique (Delphi method) was developed by RAND in 1950. It's goal was to forecast the impact of technology on warfare. Now it is used as a method of group decision-making and forecasting with help from judgments of experts.
During the interview the local business said that one of his biggest challenges is to motivate his employees. Applying the Delphi method to this problem, would be to ask motivation experts to explain the problem in details and to find solution. First every of the experts will suggest individual solution of the problem. Next they all together will coordinate and combine their ideas and give one solution. The Delphi method is very powerful.
Both A and C are correct, though more of the CPI’s data comes from A.