Answer:
The correct answer is option B, C, and E.
Explanation:
Transaction cost refers to the cost incurred on resources and time necessary for facilitating exchange of goods and services.
Among the given options, the examples of transaction cost is cost of monitoring an agreement, the cost of drafting a contract or agreement, and the time required to negotiate an agreement.
All these costs are incurred in order to facilitate exchange of goods and services.
The problem of externalities can have efficient private solution if these transaction costs are low otherwise the governement has to intervene to efficiently allocate resources.
During the testing stage, a firm should take feedback from various stakeholders on how the solution meets the needs of the problems or concerns they shared with you in interviews.
Design thinking is a concept used by organizations including businesses to improve their products and services. It is a solution-based approach to dealing with issues. There are main stages in the process of design thinking. They are Empathize, Define, Ideate, Prototype, and Test.
The test stage is the final stage in which the solutions or products are tested to see if they meet the needs of the stakeholders. The designers will rigorously test the complete product and gauge the response of stakeholders. This can lead to modifications to the product. The goal is to understand the product and its users.
To learn more about design thinking: brainly.com/question/12108094
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Answer:
The current value of a perpetuity is based more on the discounted value of its nearer (in time) cash flows and less by the discounted value of its more distant (in the future) cash flows.
Explanation:
The perpetuities can becalculate as follow
C/rate = Perpetuities
the reasoning behind this formula:
If we calculate limit whe ntime is infite,
because at more time 1 + r gets closer and closer to 0
we get on the dividend
1 - 0
So we have C x 1/i = C/i
Next part would be why the first cash flow is more relevant than the subsequent cash flow:
Here if time increases, then the divisor get closer to ∞ so we have
P ( a constant) /∞ = 0
So the first cashflow is more relevant than the more distant cash flow
Answer:
D) Stay strategic but also stay on top of tactical
Explanation:
Since in the question it is mentioned that the event planning hired a new marketing assistant also he informed that he is a large picture person not a comprehensive oriented person
So here the Tyler determine the needs of a new assistant as both the components of strategic and the tactical is required to become the plan successfully
Therefore the option D is correct
Answer:
decrease and more and shift to the right side
Explanation:
- If the selling price of bracelets decreases and all suppliers of earring and bracelets are like Shen
- Shen's opportunity cost of making necklaces decrease and making necklaces is now more profitable than making earrings
- If all suppliers decide to make more earrings, then the total supply increases, which appears to shift to the right side of the supply curve (in the demand and supply graph) (the quantity supplied is greater for each price).