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Licemer1 [7]
3 years ago
12

The first step in assessing industry attractiveness is to paint a picture of the industry at the macro level. Market research fi

rms, like MELT, can help develop effective business research and offer strategies for conducting it. Which of the following is NOT one of the six foundational macro forces that create change in industries and the markets they serve?
a. economic
b. demographic
c. global
d. technological
e. sociopolitical
Business
1 answer:
wolverine [178]3 years ago
3 0

Answer:

c. global

Explanation:

The organizational macroenvironment is composed of a group of agents external to the organizational environment that directly impact on business.

The six fundamental macro forces that create changes in the sectors and markets they serve are economic, demographic, technological, socio-political, socio-cultural and ecological forces.

It is necessary for organizations to know their macroenvironment, because through this analysis it is possible to identify threats and opportunities and thus remain competitive and well positioned in the market.

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Which test of whether an organization is well designed relates to what extent layers of management are necessary to provide focu
diamong [38]

The redundant hierarchy test is an organization is well designed relates to what extent layers of management are necessary to provide focus, direction, or coordination for the units in their scope.

What do you know about organizational development?

A definition. Organizational development is a critical and science-based process that helps organizations build their capacity to change and achieve greater effectiveness by developing, improving, and reinforcing strategies, structures, and processes.

The redundant hierarchy test:

helps point out this design weakness, alerting designers to the need either to eliminate the layer or to define the responsibilities, skills, management processes and leadership style that will make the layer a positive influence on performance.

What is the purpose of organizational design?

Organisational design is the process of aligning the structure of an organisation with its objectives, with the ultimate aim of improving efficiency and effectiveness. Work can be triggered by the need to improve service delivery or specific business processes, or as a result of a new mandate.

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4 0
2 years ago
When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by:
eimsori [14]

Answer:

A.selling common stock.

Explanation:

A business raises capital through debt or equity. Debts represent borrowed funds, which include bonds and loans. Equity represents the owner's funds, which comprises of shares and retained earnings.

Should a business not have enough funds for its long term needs, it can sell more shares to the existing shareholders or the general public.  Shares represent ownership of the company. Selling common stock means that the company will receive the funds it requires in exchange for ownership rights.  Shareholder earns dividends as a reward for providing capital to businesses.

4 0
4 years ago
g if 1 British pound can be exchanged for 180 cents of U.S. currency, what fraction should be used to compute the indirect quota
Mrrafil [7]

Answer: 1/1.8

Explanation:

From the question, we are informed that 1 British pound can be exchanged for 180 cents of U.S. currency. To get the fraction that should be used to compute the indirect quotation of the exchange rate expressed in British pounds, we have to change the 180 cents to dollars first.

Since 100 cents = 1 dollar, 180 cents = 1.8 dollars. Therefore, fraction should be used to compute the indirect quotation of the exchange rate expressed in British pounds will be:

= 1/1.8

7 0
3 years ago
When a provider signs a contract to be a participating provider with an insurance payer they are agreeing to:
Lesechka [4]

Answer:

Accept the fee schedules set by the insurance company.

Explanation:

A participating provider is defines as one who has entered into a written agreement with an insurance company to provide a given range of Medicare Part B services on an assigned basis.

Usually various fees are scheduled for each of the services provided.

The discount on services in this instance is not much and they are always obligated to provide service.

On the other hand preferred provider is one who provides services at a discount.

6 0
3 years ago
What are products called that are special or different from those grown as commodities?
dybincka [34]

Answer:

unique prroducts

Explanation:

A product is a commodity when all units of production are identical, regardless of who produces them. However, to be a differentiated product, a company's product is different than those of its competitors. On the continuum between commodities and differentiated products are many degrees and combinations of the two.

6 0
3 years ago
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