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- Compare and contrast major styles of leaderahipChoose the best answer from the options below: If you and your friend take turns making decisions about which movies to watch and what restaurants to order take-out from, what is being exemplified by your relationship? symmetrical relationship controlling messages complementary relationship expertise currencySuppose research at Panasonic reveals that prospective buyers are anxious about buying high definition television sets. What strategies might you recommend to the company to reduce consumer anxiety
- Q-How does profit motive affect innovation and economic productivity? (Pages 43 – 50). Profit Motive Leads to Innovation and Increased Productivity According to Bruno Leone (1986), “In order to build and maintain a profitable concern, a businessman’s products would have to be needed, well-made, and competitively priced . Moreover, he would be creating jobs and helping to expand the general economy” (18). Profit motive promotes efficiency and productivity in an economy. The investor is constantly seeking new ways to effectively and efficiently provide goods and services to consumer, because, Mises (1986) stated, “Profit and loss are entirely determined by the success or failure of the entrepreneur to adjust production to the demand of the consumers” (40). The behavior of the consumer makes profits and losses occur, and this can result in a change of ownership from those who are inefficient to the efficient ones. Webley (1967) stated, “The successful firms are those that respond to the…Zack is a teenager at a party with his friends who are drinking, and they are insisting that he drinks as well. What is Zack experiencing? peer persuasion coercive persuasion реег рressure expert power IKEA's model of purchasing furniture that is flat-packed and then assembling it yourself at home is a new and different way of doing things for consumers in many countries. According to this case, consumers in India are opposed to this do-it-yourself concept. As consumers in India reach a decision on furniture purchases, what type of perceived risks are these consumers facing when thinking about the do-it-yourself assembly? Select two perceived risks from Chapter 12 and explain each one. Now, give a specific example of how IKEA could reduce each perceived risk (4 marks)Last answer was incorrect.
- Well explained answer and well labeled2) To relieve stress, you have been told to not bottle up your anger but to let it out. A teakettle will explode if you don't let the steam out. This advice coincides with which coping strategy? A) Enactive strategy B) Proactive strategy C) Reactive strategy D) Resistance strategyImagine that you were (unfortunately) involved in a car accident and are now in need of a lawyer to represent your interests as you attempt to secure compensation for your injuries and material losses (your wrecked car, for instance). The lawyer that you end up hiring has a lot of other clients and has an incentive to encourage you to take the first proposed settlement (dollar amount) that comes your way, even though you would prefer to hold out for the most money possible. This is an example of a___________. a. Free-rider problem b. Prisoner's dilemma c. Social choice problem d. Coordination problem e. Principal-agent (delegation) problem
- How does the implementation of behavioral economics principles influence the success of fundraising campaigns for non-profit organizations?COMMUNICATION WITH THE MILLENIALS The Millennial (including Generation Y) have arrived in the workplace and they are brining new ways to communicate. Surreys report that the generation lives by computer and cellphone communication. Three out of four Gen-Yers use instant messaging (including [twitter tweets, 15% of them are logged on to instant messaging 24/7. Mot Gen-Yers either have a space on a social networks site such as Facebook or frequent these sites where they have friends. These digital natives also get most of their news from the Internet rather than from television or newspaper. "Employers re going to find this generation communicate differently. They IM (instant manager). Send text messages and can't live without cellphone", says Dave O Brien, regional manger of Berbee, a company that helps businesses with their information technology needs. Frank Albi president of Inacom, a technology and business consulting firm, agree " the way they ( millennials) exchange information is…which is the right answer
