The function of money known as "Medium of exchange" describes a money use in the buying & selling of goods and services.
<h3>What is Money as
Medium of exchange?</h3>
Money serves as a medium of exchange because it is use as intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.
In today world , the medium of exchange is money and it is used in the buying & selling of goods and services.
Therefore, the Option C is correct.
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Answer:
Organizational Culture
Explanation:
Organizational Culture -
It refers to the beliefs , expectation , values , experiences offered or required by an organisation , is referred to as organizational culture .
Having common customs , beliefs and working culture , makes the working life of the employees easy and convenient in the organisation .
Hence , a good and proper organizational culture is very important to have a good organization .
Hence , from the given scenario of the question ,
The correct answer is Organizational Culture .
Answer:
<em>The output is represented along OX and cost along OY; AFC curve represents average fixed cost. AVC curve represents average variable cost, ATC curve represents average total cost (i.e., total of AFC and AVC and is called AC, i.e., average cost). MC curve represents marginal cost</em>
Explanation:
<h2>•|ᴥ jess ᴥ|•</h2>
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Answer:
Idea generation.
Explanation:
The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.
There are several stages of the new product development.
The stage in which the Apple company is, in the given scenario, is idea generation.
Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.
Therefore, idea generation is the correct answer.
