Answer:
A. 2 to 5 percent of sales
Explanation:
According to the text, management contracts usually stipulate that a fee of 2 to 5 percent of sales be paid to the firm providing the management expertise.
Fluctuation in economic activity
Answer: a. a. Good execution of a new or revised strategy often requires devoting more resources to some value chain activities and perhaps downsizing the operating budgets and resources devoted to activities/organizational units with a lesser role in the new strategy
Explanation:
Executing strategy is an action-oriented task which tests the ability of a manager to direct changes in an organization and also achieve certain improvements regarding operations.
The statement about steering needed resources to execution-critical value chain activities which is false is that good execution of a new or revised strategy often requires devoting more resources to some value chain activities and perhaps downsizing the operating budgets and resources devoted to activities/organizational units with a lesser role in the new strategy.
The following are the analysis of a Production Possibility Curve. It is to be noted that As education quality improves, the production potential curve will shift outward, improving job skills and productivity. PPC will migrate abroad as human capital boosts the country's resources.
<h3>What happens when the number of unemployed increases?</h3>
It will not affect PPC's position, or it will remain the same, because the number of jobless employees will not change the overall labor force.
<h3>What happens when a new technique improves the efficiency of extracting copper from ore?</h3>
Increased efficiency as a result of technological advancement will move PPC outward as it boosts productivity and allows for greater output with existing resources.
<h3>What will happen when a devastating earthquake destroys numerous production facilities?</h3>
The severe earthquake destroys available resources and capital stock, decreases productivity, and shifts PPC inward.
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