Why is technology a challenge to skills management ?
How can businesses selling the same goods/services eliminate competition ?

Answers

Answer 1

Answer: its all about marketing tactics

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Which of the following is NOT a creative thinking exercise entrepreneurs use to generate ideas?

Answers

Creative ways of thinking require the act of connecting the dots to make sense of ideas. Of the listed options, that which is not a creative way of thinking is;

B. Judge Each Idea as Realistic or Not

When an idea is judged as realistic or not, the brain is not tasked to think deeply about the ideas raised. Creativity entails finding out new ways to do things.

A central idea can be drawn and ideas connected to it to reach new conclusions. Extensive thinking and challenging the status quo are all creative ways of thinking.

Therefore, option B is not a creative way of thinking.

Learn more here:

brainly.com/question/21773481

Options:

A. Challenge the Usual

B. Judge Each Idea as Realistic or Not

C. Draw Idea Maps

D. Think Backward

The right answer for the question that is being asked and shown above is that: "B. Judge Each Idea as Realistic or Not ." This is not a creative thinking exercise entrepreneurs use to generate ideas.

These are the following choices:
A. Challenge the Usual
B. Judge Each Idea as Realistic or Not
C. Draw Idea Maps
D. Think Backward

What is the importance of understanding a firm’s strategy, even if you are not a senior manager in a firm?

Answers

Answer:

A company's strategy affects everyone that works in it, not only upper management. The company's strategy can serve you as a guide that shows what the company expects from you and what you can expect from the company. Every single worker should focus on following the strategy and successfully accomplishing its goals.

If you are a good and efficient employee, you should be able to start advancing on the company's hierarchy levels, and maybe one day it will be you who decides the company's strategy.

Michigan Cranberry Company sold $10 million worth of cranberries it produced. In producing cranberries, it purchased $1 million dollars' worth of supplies from foreign countries and paid workers who reside in Canada but commute to the U.S. $1 million. How much did these transactions add to U.S. GDP

Answers

Answer:

$9 million

Explanation:

Gross domestic product is defined as the total monetary value of all goods and services produced by a country in a given period. It is used to measure the countries wealth and economic growth .

GDP can be calculated based on expenditure, production, or by income.

Types of GDP measurements include real GDP, nominal GDP, GDP growth rate, and GDP per capita.

Gross domestic product= Total output - intermediate goods in production {products from Canada}

Gross domestic product= 10 million- 1 million

Gross domestic product= $9 million

Answer:

9 million dollars

Explanation:

A buyer submits an offer to the seller. While the seller is considering the offer, the buyer calls and cancels the offer, saying the home was too expensive. The seller protests, claiming she was going to accept the contract. Which of the following is true?

Answers

The original order is cancelled and the protest means nothing

Explanation:

An offer becomes a purchase when the purchase agreement is signed.

In the above question the buyer has just made an offer to the seller and no agreement has been signed between them .so here its appropriate to conclude that the original order is cancelled and the protest means nothing

Finding dominant strategies is often a very way of analyzing a game. Consider the following game: Microsoft and Apple are the two firms in the market for operating systems. Each firm has two strategies charge a high price or charge a low price (payolls: Microsoft, Apple). What (if any) is the dominant strategy for each firm? A. Choosing low is a weakly dominant strategy for Apple. B. The dominant strategy is for Apple to choose low and Microsoft to choose high. C. Choosing low is a weakly dominant strategy for Microsoft. D. Choosing high is a weakly dominant strategy for Apple. Is there a Nash equilibrium? A. Yes. Apple and Microsoft both choose low. B. No. because Apple is indifferent between choosing high and low. C. Yes. Apple chooses low and Microsoft chooses high. D. Yes. Apple and Microsoft both choose high

Answers

Answer: Option A -- Choosing low is a weakly dominant strategy for Apple.

Explanation: Dominant strategy in a game theory can be defined as the course of action that occurs when one strategy/player is better than the other strategy/player regardless of what the other player does or how well the other player may play. dominant strategy is all about a player who has the highest favours in a game. Considering the above matrix, we know that Apple has the dominant strategy. And for apple to choose low is a weakly dominant strategy for it.

In a period of trade deficit, if domestic investment does not change, public savings decreases by $5 billion, and private savings remain the same: Select the correct answer below: the trade deficit will remain unchanged the trade deficit will decrease there will be a trade surplus the trade deficit will increase

Answers

In a period of trade deficit, if domestic investment does not change, public savings decreases by $5 billion, and private savings remain the same, the trade deficit will increase.

Here's why:

Trade deficit is calculated as:

Trade Deficit = Domestic Investment - (Public Savings + Private Savings)

If domestic investment does not change and public savings decreases by $5 billion, this means that the value on the right side of the equation is decreasing. Since private savings remain the same, the overall result is a larger trade deficit. Therefore, the trade deficit will increase.

Final answer:

When government (public) savings decrease while private savings and domestic investment remain the same, the trade deficit will increase. This stems from the need for more foreign investment to compensate for the decrease in public savings.

Explanation:

In this question, trade deficit, public savings, and private savings are key factors impacting domestic investment. According to the equation Savings + (trade deficit) + (government budget surplus) = Investment, we can deduce the effect on the trade deficit.

In this scenario, domestic investment remains the same, private savings remain unchanged, but public savings decreases by $5 billion. When the government, which contributes to public savings, starts borrowing more (hence, a decrease in public savings), it forces an increase in the trade deficit. This is because the government is no longer providing savings, and if nothing else changes, more investment funds will need to come from abroad, increasing the trade deficit. Therefore, given the scenario, the trade deficit will increase.