The need for collaboration is greatest for ________ decisions.

Answers

Answer 1

The need for collaboration is greatest for the strategic decisions which can affect the organization in long term and can also impact on the whole organization. There are certain decisions which require the collective effort of people with different specializations.

Such decisions need a different perspective and knowledge from different people. A collaboration may take place between employees of the same organization or different organizations. Collaboration can occur between individuals, departments or entire organizations. Collaborating brings together the knowledge and skills of people who share common objectives. Collaboration has become a necessary feature of organizational management, as globalization and technology have made it easier for people to work together. Organizations rely on teamwork and collaborative decision-making to achieve their goals. Collaboration can improve decision-making by combining the knowledge and skills of different people. Collaborative decision-making is most effective when it is supported by technology. Tools like project management software, video conferencing, and collaborative documents make it easier for people to work together.

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Related Questions

What did you learn from writing the assignments in this course
and why do you think I made
them so different from the lecture material (No, it is not to mess
with you)? (20 Marks)

Answers

In writing the assignments in this course, I have learned the importance of critical thinking, independent research, and effective communication skills. I believe the assignments were made different from the lecture material to encourage students to engage with the material in a more active and independent way.

Through analyzing and synthesizing information from various sources, I have been able to deepen my understanding of the course material and apply it to real-world situations. Additionally, the assignments have allowed me to hone my writing skills and improve my ability to clearly and concisely convey my ideas.

By requiring us to do our own research and draw our own conclusions, we are forced to think critically and develop our own ideas rather than simply regurgitating information from the lectures.

This approach not only deepens our understanding of the material, but also prepares us for real-world situations where we will need to think independently and solve problems on our own. Furthermore, the assignments also help us to develop important skills such as time management, organization, and effective communication.

By giving us a variety of different types of assignments, we are able to practice these skills in different contexts and become more well-rounded and effective learners. Overall, I believe that the assignments in this course are an essential component of our learning experience and have helped me to develop a range of important skills and competencies.

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If manufacturing overhead has been overallocated during the period, and most of the jobs produced have been sold, then a cost of goods sold should be increased. b.cost of goods sold should be decreased. c. finished goods inventory should be increased, d work in process inventory should be decreased,

Answers

Because manufacturing overhead is applied based on a preset overhead rate, there is a possibility that it will either be underapplied or overapplied. Manufacturing overhead is being overapplied if the account has a credit balance at the conclusion of the quarter.

How are manufacturing overhead expenses divided between the inventory of work-in-progress?

A debit to the Manufacturing Overhead account is used to transfer manufacturing overhead expenses to the Work-in-Process Inventory account. Process costing is employed by accounting firms, construction companies, and healthcare organizations.

Each client is viewed as a task by a service provider, such as an accountancy firm. Actual overhead expenses exceeded those that were applied to jobs.

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In 1994, president Clinton said the new trade agreements would create a market for American products in China. What happened to the American companies after opening trade with China?

Answers

Answer:

- US retailers costs decreased and their profits increased

- US suppliers moved production to China and sell to America

Explanation:

In the year 1994, the diplomatic relation between the United States and the People's Republic of China strengthened and they reestablished their positions. They then signed a bilateral trade agreement  which opened the markets of China for the American products.

But things turned out differently as they were envisaged in the Chinese markets. The American' trade did not lived up to the expectations in the Chinese markets. China was a tough market for small and medium sized companies of America. The retailers of the US decreased in costs and the China's profit increased. Also the suppliers of he US moved to the production of China and they in turn sell to the American market.

when marginal costs change depending on the level of activity, a(n) behavior pattern exists. (enter only one word per blank.)

Answers

When marginal costs change depending on the level of activity, an "economies of scale" behavior pattern exists.

The phenomena of economies of scale describes how the average cost per unit reduces as the volume of production or activity grows. In this scenario, when the amount of activity rises, so does the marginal cost, which represents the cost of producing one more unit.

This behaviour pattern emerges because when production increases, numerous factors such as specialisation, higher efficiency, and better resource utilisation come into play. These characteristics result in cost savings and efficiency improvements, lowering the marginal cost. In many industries, the concept of economies of scale is ubiquitous.

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the most common goods with inelastic demand are prescription drugs and tobacco products. another common example of a product with inelastic demand is alt. inelastic demand is a situation in which

Answers

Goods with inelastic demand, like prescription drugs, tobacco products, and alt, have a relatively stable demand regardless of price changes.

The most common goods with inelastic demand are prescription drugs, tobacco products, and alt. Inelastic demand is a situation in which the quantity demanded for a product does not significantly change in response to changes in price.

Prescription drugs are often considered to have inelastic demand because they are necessary for treating illnesses and maintaining health. Even if the price of prescription drugs increases, people will still buy them because they need them to stay healthy.

Similarly, tobacco products like cigarettes also have inelastic demand. Despite increases in price due to taxes or regulations, many people who are addicted to nicotine will continue to purchase cigarettes.

Alt is another example of a product with inelastic demand. Alt is a type of cryptocurrency that has gained popularity in recent years. Even if the price of alt increases, people may still continue to buy it because they believe in its potential value and the future of cryptocurrency.

Inelastic demand is often influenced by factors such as product necessity, addiction, or unique features. When the demand for a product is inelastic, changes in price have little impact on the quantity demanded.

Overall, goods with inelastic demand, like prescription drugs, tobacco products, and alt, have a relatively stable demand regardless of price changes.

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The most common goods with inelastic demand are prescription drugs and tobacco products. Another example of a product with inelastic demand is ALT. Inelastic demand is a situation in which the quantity demanded of a good or service does not change significantly in response to changes in price.

Inelastic demand occurs when the demand for a product is relatively unresponsive to changes in price. This means that even if the price of the product increases or decreases, the quantity demanded remains relatively stable.

For example, prescription drugs often have inelastic demand because they are necessary for treating medical conditions. People who require these medications are often willing to pay higher prices to maintain their health. Similarly, tobacco products like cigarettes often have inelastic demand because they are addictive. Smokers may continue to purchase cigarettes even if the price increases.

ALT, or alanine aminotransferase, is an enzyme found in the liver. Although the question does not provide specific information about ALT, it is likely used as an example of a product with inelastic demand in a medical or scientific context. In this case, the demand for ALT may be inelastic if it is essential for diagnosing or monitoring certain liver conditions.

In summary, inelastic demand refers to a situation where the quantity demanded of a good or service remains relatively unchanged despite changes in price. Prescription drugs, tobacco products, and potentially ALT are examples of goods with inelastic demand.

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ACCOUNTING 1


Journalizing and Posting Payroll Transactions

please help and fill out the charts

ACCOUNTING 1 Journalizing and Posting Payroll Transactionsplease help and fill out the charts
ACCOUNTING 1 Journalizing and Posting Payroll Transactionsplease help and fill out the charts
ACCOUNTING 1 Journalizing and Posting Payroll Transactionsplease help and fill out the charts

Answers

The journal entries for the payroll transactions, and posting the transactions to cash payments journal is shown.

What is a journal entry?  

A Journal is the first place where a transaction is recorded. It contains records of transaction in order of date as they take place analyzed into debit and credit aspects.

The payroll tax expenses include the Social security tax, Medicare tax, and unemployment tax both federal and state.

The general journal and cash payment journal is completed in the images attached.

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ACCOUNTING 1 Journalizing and Posting Payroll Transactionsplease help and fill out the charts
ACCOUNTING 1 Journalizing and Posting Payroll Transactionsplease help and fill out the charts

Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.

apathetic behavior
tone of voice
nervous tics
hand gestures

Answers

Answer: tone of voice

Explanation:

Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.

Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.

In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.

A buyer and seller agree that the sale will be contingent on the buyer obtaining financing. The buyer later decides she doesn't want the property, so she doesn't bother to fill out any loan applications. The contingency is dropped from the agreement because:

Answers

Answer:

the buyer did not make a reasonable, good faith effort to fulfill the contingency.

Explanation:

When a contract is formed a contingency clause requires a particular action to take place in order for the agreement to be valid.

If the condition is not met them the agreement is invalid.

For example is a sales agreement is contingent on a seller providing delivery services and this is not done, the buyer is released from his obligation of making the purchase.

So in this case if the sale is contingent on the buyer obtaining financing and he does not make an effort to obtain a loan.

The contingency can be dropped because the buyer did not make a reasonable, good faith effort to fulfill the contingency.

On January 1, 2017, the dental partnership of Angela, Diaz, and Krause was formed when the partners contributed $39,000, $67,000, and $69,000, respectively. Over the next three years, the business reported net income and (loss) as follows: 2017 $ 79,000 2018 51,000 2019 (34,000 ) During this period, each partner withdrew cash of $15,000 per year. Krause invested an additional $6,000 in cash on February 9, 2018. At the time that the partnership was created, the three partners agreed to allocate all profits and losses according to a specified plan written as follows: Each partner is entitled to interest computed at the rate of 10 percent per year based on the individual capital balances at the beginning of that year. Because of prior work experience, Angela is entitled to

Answers

The answer is definitely $67,000

what are some qualities needed by Commercial Artists? Check all that apply.

ability to supervise others
ability to work under deadline pressure
ability to create special effects
ability to teach classes
ability to follow directions
ability to work with others

Answers

Answer:

the answer is b, e, f, hope it helps

Explanation:

Answer:

ability to work under deadline pressure

ability to follow directions

ability to work with others

If a country has lower overall productivity levels than its trading partners, then it will Group of answer choices have a lower standard of living than its trading partners. be unable to export. have a trade deficit. not be able to obtain gains from trade.

Answers

If a country has lower overall productivity levels than its trading partners, then it will:

Have a trade deficit.Not be able to obtain gains from trade.

Lower over productivity level

In a situation were a  country has lower overall productivity levels than its trading partners this mean that the country cannot benefit from trade.

Which in turn mean that the country with the lower productivity level cannot gain from trade because no comparative advantage for the country.

Therefore it will have a trade deficit and not be able to obtain gains from trade.

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Write down the career you want to pursue and identify which of the four assessments you learned about in the lesson you need to take for your career.

Answers

Answer:

Explanation:

As a chartered accountant, I want to pursue a career in accounting and finance. From the lesson I learned about, I believe I need to take the following four assessments to further my career:

Aptitude test: This assessment will evaluate my cognitive abilities and problem-solving skills, which are important for success in the field of accounting and finance.

Personality test: This assessment will help determine my personal strengths, values, and communication style, which are important qualities for a chartered accountant to possess.

Interest inventory: This assessment will help me understand my interests and passions, which can guide my career path as a chartered accountant.

Work style assessment: This assessment will help me understand my work habits and preferences, which can inform my approach to tasks and projects as a chartered accountant.

Answer:

I want to teach English literature and therefore I want to become a professor at a reputed university. I will have to take the SAT exam in order to get admission in a good college.

Explanation:

When a licensed broker changes his or her place of business
A) a new license will be issued by the board immediately
B) the division must be notified within ten days
C) a new license will be issued for a full term
D) the new address must be approved by the commission

Answers

When a licensed broker changes his or her place of business, the broker is required to notify the division within ten days. The correct option is B) the division must be notified within ten days.

The division will then update the broker's information in its records and provide a new license reflecting the change in address. This ensures that the broker's information is up to date and that any regulatory communication will be sent to the correct address. The broker is not required to obtain a new license, and the new address does not need to be approved by the commission.

However, it is important that the broker update any other relevant agencies or organizations with their new address, such as the National Association of Realtors or the state's real estate association.

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What the Benefits of SMART TRAFFIC MANAGEMENT SYSTEM in iot
?
please in the beginning small paragraph

Answers

Smart Traffic Management Systems in IoT optimize traffic flow, enhance safety, and reduce congestion through real-time monitoring, incident detection, and data analysis.

Smart Traffic Management Systems leverage the power of IoT to revolutionize transportation management. Real-time monitoring of traffic conditions enables dynamic adjustments to traffic signal timings, ensuring optimized traffic flow and reducing congestion. By utilizing IoT sensors and cameras, these systems can detect incidents such as accidents, breakdowns, or congestion, allowing for immediate responses and appropriate interventions, such as redirecting traffic or dispatching emergency services. Furthermore, the collected data from various sources, including sensors and vehicles, can be analyzed to identify traffic patterns, bottlenecks, and peak hours.

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ANSWER ASAP Which of the following may help you protect against identity theft? A. Carrying your Social Security card at all times B. Clicking on pop-up windows to verify their information C. Contacting your credit card company if you don’t receive bills D. Including your name in your online passwords

Answers

Explanation:

I think A. Because it is the only safe way to protect yourself even in the credit card company people might steal your identity and they dont know. So I say A

Answer:

Its C) contacting your credit card company if you don't receive bills

Explanation:

EDGE 2021

Identify which of these habits could result in credit issues.
A. paying for large purchases in cash
B. loaning money to a creditworthy person
C. spending money within a personal budget
D. charging money on multiple credit cards and not making payments

Answers

The answer is D because If you don't pay your credit card bill you will receive increased interest rates and incur damages to your credit score.

you invest $7,000 in a stock that has a 25% chance of a 6% return, a 35% chance of a 9% return and a 40% chance of a 10% return. what is your expected return after one year?

Answers

To calculate the expected return after one year, we need to multiply the probability of each return scenario by its respective return rate and then sum them up. Given the following probabilities and return rates:

25% chance of a 6% return ,35% chance of a 9% return

40% chance of a 10% return

We can calculate the expected return as follows: Expected return = (Probability of return 1 * Return rate 1) + (Probability of return 2 * Return rate 2) + (Probability of return 3 * Return rate 3)

Expected return = (0.25 * 0.06) + (0.35 * 0.09) + (0.40 * 0.10)

Expected return = 0.015 + 0.0315 + 0.04

Expected return = 0.0865

To determine the actual monetary expected return, we multiply the expected return by the initial investment:

Expected monetary return = 0.0865 * $7,000

Expected monetary return = $605.50

Therefore, the expected return after one year is $605.50.

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An innovative business idea that no one has never had

Answers

An innovative business idea that no one has never had is Offering virtual assistance to other businesses.

What is innovative business idea ?

innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.

It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.

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Complete question:

State An innovative business idea that no one has never had

(fill in the blank) angels are individuals who have already started and successfully operated their own businesses.a. Corporateb. Entrepreneurialc. Professional

Answers

(B) Entrepreneurial angels are individuals who have already started and successfully operated their own businesses.

Who are entrepreneurs?An entrepreneur is a person who decides to start their own company based on a concept they have or a product they have developed, taking on the majority of the risks and enjoying the majority of the advantages.An entrepreneur is someone who has an idea and tries to develop a good product or service that others will purchase, together with a business to help them in their endeavor. An entrepreneur is seen as visionary or an innovator since they take on the majority of the risk and responsibility for their new company.The launch of a new company venture is the best illustration of entrepreneurship.Those with an entrepreneurial perspective are those who have established and effectively run their own firms.

Therefore, (B) entrepreneurial angels are individuals who have already started and successfully operated their own businesses.

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which of the following actions should Bobbi take to identify opportunities for online business growth​

Answers

Answer:

identify a USPbuild a SWOT analysisreview competitor websites

Multiple-choices

hire a financial planner identify a USP ship to new countries build a SWOT analysis distribute feedback forms to suppliers review competitor websites

Explanation:

Identity a USP

USP is an abbreviation for a unique selling point or proposition. A USP is that one thing that makes a business better than its rivals. It is that unique benefit that customers can derive from a particular product or business.  A USP distinguished a business from the others. Identifying a business USP, and communicating it to the market increases its competitiveness.

SWOT analysis

SWOT stands for strengths, weaknesses, opportunities, and threats.  A SWOT analysis involves assessing, identifying, and incorporating these four elements in the business plans. An online business growth strategy will be more realistic after considering  SWOT.

Review competitor websites

Reviewing competitors' websites provides information on what rivals are doing. It gives insights on the level of competition and what one needs to do to be better.

Because the management of a close corporation can resemble that of a sole proprietorship, the firm need not meet all of the specific requirements set forth in state statutes for corporations. true/ false

Answers

This statement is True. Because the management of a close corporation can resemble that of a sole proprietorship, the firm may not be required to meet all of the specific requirements set forth in state statutes for regular corporations.

Close corporations, also known as closely held corporations, are typically characterized by a small number of shareholders who often play an active role in the management and operations of the business.

Due to their close-knit nature, close corporations may enjoy more flexibility and fewer regulatory burdens compared to larger, publicly traded corporations.

However, the exact requirements and regulations can vary by jurisdiction, so it is important to consult the specific state statutes for accurate information.

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The company pays cash for a piece of equipment. the list price was $9,100, but after negotiation, the final purchase price was $8,700.

Answers

Answer:

this question is part of a longer question where you had to state how this transaction affects the accounting equation of the company:

the journal entry would be

Dr Equipment 8,700

    Cr Cash 8,700

Since both accounts are asset accounts, only the assets will be affected. Cash balance will decrease by $8,700 while equipment will increase by the same amount:

Assets                                                = liabilities + equity

cash         equipment

-8,700      8,700

PLEASE HELP ASAP!!! Which statement describes a strategy for improving ones organization and time management at work ?

PLEASE HELP ASAP!!! Which statement describes a strategy for improving ones organization and time management

Answers

The answer is the 3rd one.

My explanation would be that the other reasons listed are for personal use such as friends birthdays, music, and a new clock, but the third answer is listing things appropriate for a business.

Hope I helped !

Answer:

C

Explanation:

George has a monthly income gross of 3500 and his monthly debt payments are 325 car payments 290 student loan payment 930 mortgage payment and 400 in credit card payment what is the total debt to income ratio rounded to the nearest percent

Answers

A standard rule of thumb is to preserve your ordinary debt-to-income ratio at or under 43%.

What debt-to-income ratio is too high?

Debt-to-income ratio is your monthly debt obligations compared to your gross month-to-month income (before taxes), expressed as a percentage. A excellent debt-to-income ratio is less than or equal to 36%. Any debt-to-income ratio above 43% is regarded to be too lots debt.

What is the easiest debt-to-income ratio for a mortgage?

Ideal debt-to-income ratio for a mortgage

In phrases of your front-end and back-end ratios, lenders normally seem to be for the best front-end ratio to be no greater than 28 percent, and the back-end ratio, together with all month-to-month debts, to be no greater than 36 percent.

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Ted is a favorite among his subordinates, as he gets directly involved in the minute details of their work. He is task-oriented and has clear knowledge on critical operational details of his team. In this context, Ted can be considered a(n) _____ leader.

Answers

Answer:

ingratiating.

Explanation:

It is correct to say that Ted can be considered an ingratiating leader, which is a technique used to improve personal relationships through the use of sympathy, assistance, interest and collaboration, so that there is a positive influence on people and consequently greater individual willingness to respond to expectations of that person.

As the question explains, Ted has the sympathy of subordinates and is considered one of the favorite leaders because he gets involved in the work, understands the workers and helps with tasks, so he is a ingratiating leader.

during periods of expansion, automatic stabilizers cause government expenditures

Answers

During periods of expansion, automatic stabilizers cause government expenditures to decrease.

Automatic stabilizers are built-in features of a government's fiscal policy that automatically respond to changes in economic conditions without the need for explicit policy actions.

When the economy is in an expansionary phase and experiencing positive growth, several automatic stabilizers come into play:

1. Progressive income tax: As incomes rise during an expansion, individuals move into higher tax brackets, resulting in increased tax revenues for the government. This leads to a decrease in government expenditures as tax revenues rise.

2. Decreased unemployment benefits: During an economic expansion, unemployment rates tend to decrease as job opportunities increase. This results in a decline in the number of individuals eligible for unemployment benefits, leading to lower government expenditures in this area.

3. Reduced welfare payments: Improved economic conditions typically lead to a decline in the number of individuals requiring welfare assistance. As a result, government expenditures on welfare programs decrease.

4. Increased tax revenues from corporate profits: During economic expansions, businesses tend to generate higher profits, resulting in increased tax revenues from corporate taxes. This contributes to a decrease in government expenditures.

These automatic stabilizers help to counteract the effects of economic fluctuations by reducing government spending during periods of economic growth. They serve as a natural mechanism to promote fiscal stability and ensure a smoother economic cycle.

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​Officer Desai has been called to the scene where a recent model dark blue four-door BMW automobile is sitting on the shoulder of the road, unoccupied, with apparently recent damage to the front bumper of the vehicle and shell casings on the driver's seat. There is nobody around the car. When the officer's sergeant arrives they discuss what to do about the car. If this vehicle matches the description of a vehicle stolen that morning from a bank parking lot, they:

Answers

Answer:

Explanation:

In this type of situation, the Sergeant should report the car as found, then look for any evidence that may be of importance in connecting the dots as to what happened. This evidence may include the shell casings to know what type of gun was fired, or even any documentation or personal belongings left by the individuals who were driving the car. All of this information can be vital to solving what exactly happened.

Which of the following students is most likely to receive a merit-based scholarship?

A.

a student from a low-income family

B.

a student with a delinquency record

C.

a student from a political family

D.

a student with a high academic score

E.

a student from a middle-income family

Answers

The answer is D a student with a high academic score

Answer:

D

Explanation:

Discussion Topic 9: Explain the concept of "Creative Destruction". Creative Destruction Start a New Thread

Answers

Creative destruction is an economic concept introduced by economist Joseph Schumpeter to describe the dynamic process in which the introduction of new innovations and technologies leads to the decline and eventual replacement of existing industries, products, and ways of doing business. It is the driving force behind long-term economic growth and transformation.

The concept of creative destruction revolves around the idea that innovation and progress often come at the expense of outdated practices and industries. As new and more efficient methods, technologies, and products emerge, they disrupt and displace established businesses and industries that are unable to adapt and keep up with the pace of change. This process can lead to job losses and the decline of traditional industries, but it also creates opportunities for new industries, jobs, and economic growth.

Creative destruction is fueled by entrepreneurial activity, which involves identifying market opportunities, developing new ideas, and implementing them in the form of new products, services, or business models. This continuous cycle of creation and destruction contributes to the overall dynamism and evolution of the economy.

The concept of creative destruction highlights the importance of embracing change, innovation, and adaptation to stay competitive in a rapidly evolving economic landscape. It emphasizes that progress and growth require the willingness to abandon outdated practices and embrace new ideas, technologies, and business models. While creative destruction may initially lead to disruptions and uncertainties, it ultimately drives economic advancement and societal well-being by fostering productivity gains, improved standards of living, and the emergence of new industries and opportunities.

Creative destruction is a fundamental economic concept that explains the transformative nature of innovation and the continual reshaping of industries and economies. It highlights the need for businesses, individuals, and society as a whole to embrace change and innovation to thrive in a dynamic and evolving economic environment.

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A clothing company is considering whether a new technology will speed up their ability to fulfill customer orders. Which economic question are they focusing on?

What to produce?
How to produce?
Why to produce?
For whom to produce?

Answers

The economic question that this clothing company is focusing on is B. How to produce?

What are the economic production questions?

The five economic questions concerning the production of goods and services for sale in an economic system include:

What to produce?How to produce?Why produce?For whom to produce?How will the system promote the progress of society or accommodate change?

These economic questions need to be posed because of the scarcity of economic resources and the need to satisfy the needs of customers with goods and services that add value to society.

Thus, the economic question that this clothing company is focusing on is B. How to produce?

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Answer:  How to produce?

Explanation:

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