Answer:
C) Z is a substitute for input X in the production of Y.
Explanation:
Goods are substitutes if they can be used in place of each another. For example, pen and pencil can be considered as substitute.
If the price of a good decreases, the demand for that good increases and the demand for the subsituite falls. X and Z are substitutes
Complements are goods that are consumed together e.g. bread and butter.
Inputs are goods used in the production of output. If the price of input increases, the price of the output increases. Therefore, X is an input in the production of Y.
Since X and Z are substitutes, and X is an input for Y.
I hope my answer helps you
Answer:
D. It is cheaper to produce some goods in the U.S. because productivity is higher here.
Explanation:
If the statement "It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions of people willing to work for almost nothing." Fails to connect wages and productivity, it means that despite China having many people willing to work for low wages it does not mean they are more productive.
Productivity is defined as how effectively a production process is. It is the ratio between output and input used.
If China has low productivity with the large workforce it has, it will be cheaper to produce goods in the United States that has a higher productivity.
The United States will be able to maximise inputs used in the production process to give higher output.
The needs that are not being met by business are man power,funds and strategy planning.The non-profit organization are funds.Yes, If you speak to entrepreneurs or non-profit organization they would call and talk about the funds.To find out meet friends whose dad run businesses and donate at least $10 to an non profit organization.
Explanation:
- Business has categories, Big caps, mid caps and small caps.
- Big cap( Organization with huge business like MC Donald.
- Mid caps ( Organization with employees about 500)
- Small caps ( SME small medium enterprise about 5 - 10 employees)
- Small scale enterprises have bigger problems they are not sustained.
- They run with employees who are not strategically smart and limited
- To start entrepreneurs must have land, labor,capital and organization.
- They are having minimum of that which is the important part.
- Non-Profit organization have categories to they known and unknown.
- The known ones are funded with bigger organization.
- The unknown ones are not but yet there could be differences.
- The Non-profit organization fights,poverty, female gender for basic.
- Necessity which is apparently still a big problems.
Answer:
C. produce products and services that coordinate with hundreds or more firms and suppliers.
Explanation:
- A supply chain complexity increase as the firms moves in an inter-connected and interdependencies network where a change in one element has an effect on the other elements,
- And is caused by a variety of factors and s often due to the rising consumer expectation and expanded product and services and is coordinated with hindered or more firms and suppliers.
Answer:
A. divisional structure.
Explanation:
Divisional structure -
It is the pattern of planning and designing the organization into small divisions , is referred to as divisional structure.
The division can be on the basis of the geographical areas .
Huge organisation or companies adapts this method , top have better control on the company .
Hence , from the given information of the question ,
The correct option is divisional structure .
