You are to the one to come up with the strategies , policies and regulations for your organization . which level of management are you in ? Explain your answer.

Q: Explain various markets and how they work to your friend so your friend will be able to run the…

A: Mainly there are 4 types of market structures. These are:  Perfect Competition(PC) is the structure…

Q: When an organization has a structure in which decision-making authority is delegated as far down the…

A: The correct option is C i.e. Decentralized.

Q: The idea that management was a set of consistent skills that could be learned and taught is…

A: Before the mid-1900s, there was no management hypothesis as we consider it today. Work occurred as…

Q: Company is artificial legal person. How does it achieve the status of artificial legal personality…

A: Economics is a subject that was developed in order to allocate scarce resources in an efficient…

Q: What is the principal advantage of the corporate form of business organization? Discuss the…

A: * ANSWER :-

Q: See the graph below, Label and Describe in terms of : A. Name of Market Structure B. Ability to…

A: Anser is given below

Q: Entrepreneurial, machine bureaucracy, and adhocracy are examples of: Organizational goals O…

A: Organizational goals are the goals that an organization wants to achieve. The organization's…

Q: According to Coase's theory of the firm, why do firms exist? How do firms contribute to the…

A: The Coase theory says that when there is a property right that is conflicting between two parties,…

Q: Why do economists believe that economic profit is the more accurate measure of a business success?…

A: Accounting profit only considers the cost that has actually happened, but economic profit considers…

Q: Many firms in the United States file for bankruptcy every year, yet they still continue operating.…

A: The costs of production include both the fixed costs as well as the variable costs. The fixed costs…

Q: Few organizations (like restaurants) offers both goods & services. What attribute of quality the…

A: Goods are described as items or commodities that can be seen, felt, or touched i.e tangible, and are…

Q: Why would a profitable for-profit organization choose to exit a line of business

A: A for-profit firm or organization is described as an entity that mainly generates profit more than…

Q: Why is it important for companies to decide on their corecompetencies before choosing an…

A: Core competency is an association's characterizing quality, giving the establishment from which the…

Q: true or false The rational and profit maximizing firm will choose to operate in Stage 1 or Stage 2…

A: Total product is defined as the total amount of output produced by employing given amount of input.…

Q: What in your view has led to an increase in the level of organisational competitiveness in modern…

A: Different economic enterprises compete for commodities that are limited by adjusting the parts of…

Q: What type of organization is appropriate in the competitive business environment?Please explain with…

A: Competitive business environment:-  A competitive environment can be explained as a framework…

Q: What were the the main influences on organizational structure during the 20th century? Describe one…

A: Main influences on organizational structure during the 20th century are 1.Modernisation…

Q: How does managerial economics help to assess operational issues faced by private business firms.

A: The economics that involves the application of economic methods in process of decision making and…

Q: If all assumptions of perfect competition hold, why would firms in such an industry have little…

A: Meaning of Perfect Competition: The term perfect competition refers to the market under which…

Q: Small “Mom and Pop firms,” like inner city grocery stores, sometimes exist even though they do not…

A: “Mom and Pop firms” is a small independent business entity where the ownership and operations are…

Q: Technological improvements are more likely to occur if the economy is centrally planned.…

A: Here, the question is regarding the technological improvements and asked in which condition there…

Q: “Creative destruction” is the process by which: a. Old buildings are demolished and new ones are…

A: The economics as a study is considered to be of utmost importance for the proper working of the…

Q: what is the hierarchy of research ? explain it in clear points

A: Research refers to the scientific enquiries of certain field that helps to describe, explain,…

Q: Looking around your city, what businesses do you think come closest to the model of a perfectly…

A: Looking around, we see that there are very very few businesses that fit into the description of a…

Q: Match the Product with whether production should be centralized or decentralised Soap [ Choose ]…

A: Centralized production refers to the production process exist with upstream and decision about…

Q: Shen is a 70-year-old professor. He teaches only one or two courses a year, but he's still pursuing…

A:

Q: Why do managers make bad decisions?

A: Managers and leaders are simply human, and people aren't ideal decision-makers, so anticipate a…

Q: Many firms in the United States file for bankruptcy every year, yet they still continue operating.…

A: Filling for bankruptcy does not mean that the firms have to shut down. In the US the bankruptcy laws…

Q: Which of the following actions is not an example of the coordination advantage provided by firms as…

A: Which goods and services a firm should produce is a major decision that a firm must make, and this…

Q: how can young budding entrepreneurs compete with older, more experienced entrepreneurs? is it enough…

A: An entrepreneur is a person who starts a new company and bears the most of the risks while reaping…

Q: Discuss the differences between corporate level, businessunit level, and functional level…

A: Strategy can be described as any form of strategy with things to achieve better results in the long…

Q: Explain manufacturing firms should use demand leading instead of demand trailing capacity strategy.

A: A lead limit technique (lead request procedure) is a proactive methodology that adds or takes away…

Q: In participative management A) employees are involved in the company's decision-making. B) all…

A: The participative management refers to the management style that as the name suggests requires…

Q: The salmon fishery on Vancouver Island has historically been one of the world’s richest. Over the…

A: Business strategy: A procedure is a drawn-out arrangement that you make for your organization to…

Q: Matching demand with capacity is the focus of_______ management.

A: Meaning of Services: The term services are the intangible things that a firm or an organization…

Q: What is the relevance and importance of managerial economics to students and accountants?

A: Economics as a study is associated with the decision making phenomenon, where the entities in the…

Q: Which divisions of the business spent their money on products and services that were correctly…

A: In a business, multiple divisions are handling various branches of a business. They carry out…

Q: Give an example of a good research interview question. What makes it good/effective? Explain.

A: Research:- "Creative and organized activity performed to boost the reservoir of knowledge" is what…

Q: What can financial ratios tell us about the performance of organizations?

A: Ratio analysis is used to know about the liquidity of the company.

Q: Which statement is true? a. Socio-cultural factors do not determine the goods that society is likely…

A: socio-cultural factors are the factors that effect the consumers choices and tastes and they effect…

Q: How are the core and peripheral tiers changing?

A: As a consequence of their huge influence on global economic and social development, core-periphery…

Q: Carlos is a 74-year-old professor. He teaches only one or two courses a year, but he's still…

A: Discouraged workers are those who are in search of jobs but after unsuccessful searches have given…

Q: Comparison between Pure competition and the perfect competition in market structure of the economy?

A: