SECTION A
QUESTION 1 Multiple-choice questions
1.1 The micro environment includes the components:
A unions and customers
B political and technological environments
Answer: unions and customers
Explanation:
Micro environment simply refers to the nearby environment, where a firm operates. They are the factors in the immediate environment of a firm that affects the decision making of the firm. Examples include customers, competitors, suppliers, unions etc
Macro environment simply means the environment as a whole that affects businesses. They include economic, ecological, demographic, political, technological factors etc.
Spotlight on India and Mexico Question Number 1) India’s rapidly expanding service sector of educated workers represents more than half of the country’s annual GDP, despite that less than one-third of the country is employed. This trend is indicative of the world economic trend that ________. a Manufacturing is increasing only in developing countries b Manufacturing is declining c production has been decoupled from employment d Communism is on the rise e Currency trading has decreased Previous Question 1 of 5 (0 completed) Next
Answer:
production has been decoupled from employment
Explanation:
We aren't informed about India’s which is rapidly expanding service sector of educated workers represents more than half of the country’s annual GDP, despite that less than one-third of the country is employed. In this case, This trend is indicative of the world economic trend that production has been decoupled from employment.
Decoupled Production can be regarded as a case whereby company/ firms brings about separation of production from ideation, employment as well as media buying. And in some cases, a chosen production house takes responsibility for production work.
Type your summary here. Use the Internet to find an article that presents a forecast of the economy's performance in the next three months to a year. Once you have found and read your article, record your summary using the following format in the box below and include the link. Be sure to include the URL links you used as resources in the space below.
Paragraph #1 - Summary of article including the link.
Paragraph #2 - How it relates to entrepreneurship.
Paragraph #3 - Your opinion of whether or not you agree with the prediction and the evidence provided to support the forecast.
The exercise is about summaries. It tests your ability to summarize an article.
What is a Summary?A summary refers to a concise statement or account or report of the key points of an event, story, or literature.
A summary is usually exclusive of details that are not necessary. It focuses on the key points.
The key points of a text are usually found in the introduction and the conclusions of the text. One must however ensure that they read through the entire text to get the true context of what is being summarized.
Learn more about Summaries at:
brainly.com/question/25605883
Answer:
The article I read was "The World Bank slashes its forecast for global economic growth." by New York Times https://www.nytimes.com/2022/04/18/business/the-world-bank-slashes-its-forecast-for-global-economic-... . To summarize, the estimation made by The World Bank that the economy would grow at a rate of 4.1 percent was revised due to the conflict in Ukraine. The World Bank is now estimating the economy would grow 3.2 percent globally. The article then goes into the effect the conflict will have on consumers.
This topic relates to entrepreneurship because global economic growth benefits entrepreneurs because knowing the projected economic growth can allow business owners to better predict the growth they should expect to see. This is important when examining the statistics of a business because it gives a baseline of comparison to see if the business is successfully growing of if changes need to be made to ensure proper growth.
In my opinion I agree with the prediction, I can see the possible impact the conflict can have on the global growth of the economy. I believe the corrected projection of less than originally thought is appropriate considering the affect the conflict has had on consumers. The reduced stimulation of the economy caused by less consumer interaction will indeed decrease the rate at which the economy will grow.
Explanation:
n/a
Or open Meet and enter this code: wtb-tsif-cpq female
Answer:..................
For what ?_?
the roles of internal auditors
Answer:
Objectively assess a company's IT and/or business processes.
Assess the company's risks and the efficacy of its risk management efforts.
Ensure that the organization is complying with relevant laws and statutes.
Evaluate internal control and make recommendations on how to improve.
Labor arbitration: a. Is promulgated by the employer to resolve statutory claims. b. Gives the employer the dominant power. c. Allows the employer to unilaterally design the procedures and determines that disputes related to employment subjects will be resolved in arbitration. d. Provided for final resolution of disputes interrupting work that contributed to the war effort. e. The decision of the arbitrator involves interpretation and application of company-developed personnel policy or a public law.
Answer:
d. Provided for final resolution of disputes interrupting work that contributed to the war effort.
Explanation:
Labor arbitration refers to a common reference of disputes between the executive management of a business firm (company) and labor unions to an impartial third party known as an arbitrator, for final resolution of the disputes or disagreements.
This ultimately implies that, labor arbitration provided for final resolution of disputes interrupting work that contributed to the war effort.
Basically, it comes as the last step for the resolution of disputes or disagreements with respect to collective-bargaining agreement, after every other measure to reach an agreement (settlement) have been exhausted
