The constant growth model will work best on companies that are categorized as mature and that they have a relatively predictable earnings because having this type of company will allow the constant growth model to work best by which the growth model will be in a constant shape and does not tend to change.
Answer:
lean manufacturing approach
Explanation:
Based on the information provided within the question it seems that Alex would like to adopt a lean manufacturing approach. This is an approach that focuses mainly on trying to minimize as much waste in the manufacturing process while still increasing productivity. Which is what Alex wants to do since he believes the firm wastes too many resources in production and wants to minimize that.
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Answer:
The Cadillac tax
Explanation:
The benefit for health case sponsored by the employer in the case when the defined limits that should be legal will be 40% of excise tax also the taxes are paid by the insurance companies but the same is to be borne by an individual also it determines who has to receive the benefit of the insurance. It also restricts the limit of private health insurance
So here in the given situation, it is a Cadillac tax
Answer:
take a complex, real-world issue and simplify it down to its essentials.
Explanation:
A theory can be defined as a simplified but abstract representation that gives a detailed relationship about the interaction between two or more variables.
Generally, the main purpose of a theory is to take a complex, real-world issue and simplify it down to its essentials. Thus, in economics, a theory gives a detailed explanation and an understanding of issues such as inflation, recession, taxation, etc and any problem associated with them.
In order to test theories, economists usually make use of economical models such as the production possibility frontier (PPF), Mundell-Fleming model, Classical model, Keynesian IS/LM model, Solow growth model, etc.
Answer:
the gap between the poorest and richest segments of society in some OECD countries had widened.
Explanation:
A study published in 2011 by the Organisation for Economic Co-operation and Development (OECD) noted that the gap between the poorest and richest segments of society in some Organisation for Economic Co-operation and Development (OECD) countries had widened.