Answer:
The correct answer is letter "B": Globalization.
Explanation:
In the corporate world, globalization has pushed companies to adopt the use of Information Technology (IT) to virtually track their operations with customers and keep a better record of the use of their resources. The introduction of computer software and technology have made the gathering and recording of information faster and easier. Thanks to the use of that information, better decisions can be made by managers.
Answer: Lean Startup Methodology.
Explanation:
lean startup is a method used to introduce a new product to the market on behalf of an existing company which implements on developing products that some group of existing consumers already know so as to ensure that the market will already exist as soon as the product is launched by focusing on creating a stripped down product with minimal waste of time and limited launchingin order to measure how such product will rank in the market.
Here, the small herbal tea company employing a stripped down packaging with limited launch for users to ensure product hit market mark adopts the lean start up methodology
Answer : Increases by $100,000.
The Federal Open Market Committee (FOMC) determines the money supply in an economy through open market operations.
The FMOC uses instruments like Treasury Bills, Treasury Bonds and notes for open market operations. If FOMC wants to increase money supply, it will purchase securities from banks. This increases the amount of funds with the bank. The bank can use these funds for lending.
Because not all resources are equally well suited to producing both consumer and capital products, the production possibilities frontier would probably be reached.
What is Economy?
A territory with an economy is one where goods and services are produced, sold, traded, and used. It is generally accepted that it is a social domain that emphasises the actions, conversations, and outward expressions related to the production, use, and management of finite resources. The processes of an economy are greatly influenced by factors such as a person's culture, values, education, technical development, history, social organisation, political structure, legal system, and availability of natural resources. These elements set the guidelines and conditions that govern how an economy functions in addition to giving background and substance. To put it another way, the economic sphere is a social area made up of interconnected human interactions and behaviours that are dependent on one another.
To learn more about Economy
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