Answer:
a. 0.60
Explanation:
The formula to compute the price elasticity of supply using the midpoint formula is shown below:
= (change in quantity supplied ÷ average of quantity supplied) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity supplied is
= Q2 - Q1
= 30 - 20
= 10
And, average of quantity supplied is
= (30 + 20) ÷ 2
= 25
Change in price is
= P2 - P1
= $20 - $10
= $10
And, average of price is
= ($20 + $10) ÷ 2
= 15
So, after solving this, the price elasticity of supply is 0.60
The senior executives are known as strategic managers.
<h3>Who is a strategic management?</h3>
Strategic management is the process of setting goals, procedures, and objectives in order to make a company or organization more competitive.
Strategic managers are those responsible for setting goals, procedures, and objectives in order to make a company or organization more competitive.
Strategic managers are responsible for the following:
- The key are planners.
- Risk leaders who establish strategic plans in a business.
Hence, senior executives responsible for the overall management and effectiveness of the organization are called strategic managers.
Learn more about strategic management here : brainly.com/question/24845876
Explanation:
The positive risks when managing a corporation depending on the continent could be the innovation or creativity that I can bring depending on the culture and customs of each of these continents, the adaptation to cultural, political and organizational changes depends on me, so I must be adaptable and be interested in adjusting the patterns of my corporation to the customs of each continent.
The negative impact could be generated by not being able to advance with the corporation by following and complying with each of the administrative laws that require it, not being able to adapt to local customs, the tastes of the corporations and the culture of each continent could generate stress and in instead of moving back in the project.
Answer:
Organizations and managers should pay close attention to fair employment practice so as to reduce the level of incompetent staffs at work.
Explanation: