Agricultural Production before and after Deng's Era:
Before Deng Xiaoping's rule in 1978, China's agricultural production was stagnant. However, Deng's reforms brought significant changes, aiming to boost production and meet market demands. The introduction of the household responsibility system allowed farmers to produce for the market rather than solely focusing on local needs. This shift led to increased grain production, with output rising from 407 million to 469 million tons between 1979 and 1984. The green revolution, emphasizing the use of modern techniques like chemical fertilizers, improved crop varieties, and enhanced irrigation systems, further contributed to agricultural growth.
Key Factors Driving Chinese Agricultural Production:
a) The Household Responsibility System: Under this system, farmers were given the autonomy to decide crop choices and production levels, with the obligation to contribute a portion of their harvest to the government. This incentivized farmers to increase productivity, leading to substantial gains in grain production.
b) Green Revolution: The adoption of modern agricultural practices, including the use of chemical fertilizers, advanced crop varieties, and improved irrigation systems, significantly enhanced agricultural productivity and output.
Food Security in China Today:
China's food security is a current priority, as evidenced by initiatives like Xi's Clean Plate Campaign, which aims to reduce food waste. Additionally, the Chinese government's acquisition of Syngenta, a prominent agribusiness, highlights its efforts to enhance agricultural productivity and strengthen food security.
Township and Village Enterprises (TVEs):
TVEs are small businesses located in rural areas and owned by the local community. Contrary to the misconception that they resulted from market liberalization, TVEs were intentionally nurtured by the Chinese government to promote rural development. TVEs play a crucial role in rural areas by providing employment opportunities, fostering economic growth, and improving living standards.
Key Policies for Poverty Eradication through Rural Development:
a) Dual-Track System: By allowing the coexistence of planned and market economies, the Dual-Track System facilitated the growth of rural enterprises and contributed to poverty reduction.
b) Green Revolution: The adoption of modern agricultural techniques, as part of the Green Revolution, enhanced agricultural productivity, leading to increased incomes and poverty alleviation in rural areas.
c) Role of TVEs: Township and Village Enterprises played a vital role in reducing poverty by generating employment opportunities, promoting economic growth, and improving the overall socio-economic conditions in rural regions.
Therefore, China's agricultural reforms, including the implementation of the household responsibility system and the green revolution, have led to significant increases in agricultural production. Moreover, the development of Township and Village Enterprises and the emphasis on rural development have been crucial in reducing poverty and improving living standards. Ensuring food security remains a priority for the Chinese government, as evidenced by recent initiatives and strategic investments in the agricultural sector.
Learn more about China's agricultural reforms:
brainly.com/question/8351956
#SPJ11
What is the purpose of a headline?
O introduce the text
O indicate the page or section break
o reduce the need for graphics
o divide the document
all four areas of social responsibility for firms (economic, legal, ethical, and discretionary) are of equal importance in a firm's overall level of social responsibility.
A company's overall level of social responsibility depends on all four dimensions of corporate social responsibility: economic, legal, ethical, and discretionary. This statement is true.
Corporate social responsibility, or CSR, is a business strategy that takes into account how an organization affects society, its workforce, and other stakeholders. CSR is used to reduce harm, conduct ethical business, be accountable along the entire global supply chain, engage in philanthropy, and develop a self-directed human resource management system.
Throughout the 1950s and 1960s, social activist organizations (as well as others) promoted corporate social responsibility. The message to be socially and environmentally conscious, however, didn't become crystal evident until the 1970s.
Carroll's methodology establishes consistency in an area lacking a precise, predetermined definition. However, since this model was created in 1991, it is no longer relevant in the current corporate climate.
To know more about CSR:
https://brainly.com/question/32702251
Correct question:
All four areas of social responsibility for companies (economic, legal, ethical, and discretionary) are equally important to a company's overall level of social responsibility. True or false.
besides tariffs, a government can use a number of other tools to restrict trade. which of the following is not a tool the government can use to restrict trade? group of answer choices A. import quota B. embargo C. boycott D. all of the above are tools
Besides tariffs, a government can use a number of other tools to restrict trade and all of the following are tools that the government can use to restrict trade: Import quotas. The correct answer to the given question is option D, that is, "All of the above are tools."
An import quota is a limit on the amount of a specific good that can be imported over a given period of time. This is typically achieved through a permit system, with importers required to obtain a permit for each shipment they import.EmbargoAn embargo is a complete ban on trade with a specific country or region. It is intended to isolate a country economically and diplomatically.
Embargoes are frequently imposed in response to a perceived threat to national security or in response to violations of international law. A boycott is a voluntary agreement by individuals or groups to stop doing business with a particular company or country, typically in response to some political or social issue. All of these are tools that the government can use to restrict trade.
To know more about trade refer to:
https://brainly.com/question/14926566
#SPJ11
Spell all words correctly.
Identify the marketing research technique implied in the scenario.
A sports beverage company has created a new ad for their product to alr on television. After the ad alrs, they intend to show the ad to a certain
number of customers and then ask them for their feedback regarding the ad. This company is engaging in the
market research technique.
The marketing research technique implied in the scenario is "advertising research."
What is marketing research?Generally, Marketing research is the process of gathering and analyzing information about consumers, competitors, and the market environment to inform a company's marketing strategy and decisions. It typically involves collecting data through surveys, focus groups, interviews, and other methods, and then analyzing the data to gain insights about customer preferences and behaviors.
Correct! The marketing research technique implied in the scenario is advertising research, specifically pre-testing an advertisement before it airs to a larger audience.
This helps companies ensure that their advertising messages are effective and resonate with their target audience.
Read more about marketing research
https://brainly.com/question/18723483
#SPJ1
Fill in the blanks: 1. The situation when law of demand is not applicable is known as it's............ 2. When price of one good affects to the demand for other good, this situation is known as ............... 3. Demand is the effective desire backed by.....................And .....................
Answer:
1. The situation when law of demand is not applicable is known as it's EXCEPTION.
2. When price of one good affects to the demand for other good, this situation is known as CROSS ELASTICITY OF DEMAND
3. Demand is the effective desire backed by the ABILITY and WILLINGNESS to buy the product.
Explanation:
Demand is a term that is born out of the human desires , wants or needs.
Demand can be defined or referred to as the amount a consumer is able and willing to pay in other to purchase goods and services that they desire or want.
The Law of demand states that the Quantity of goods and services demanded is inversely proportional to the prices of these goods and services. This means when the prices of goods increase, the quantity demanded decreases and when the prices of goods decreases ,the quantity of goods and services demanded increases.
Elasticity of Demand can be defined as the responses or effects of changes in price of goods and services on changes in the quantity demanded.
We have 4 types of Elasticity of Demand
a) Price Elasticity of Demand: This is when the quantity of goods and services demanded is affected by the change in price.
b) Price Elasticity of Supply: This is when the quantity of goods and services supplied is affected by the change in price.
c) Cross Elasticity of Demand: This is when the price of one good affects to the quantity demanded for other good,
d) Income Elasticity of Demand: This when the quantity of goods and services demanded is affected by the changes in the income of the consumer.
There are situations whereby the law of demand is not applicable and this is referred to as it's exceptions. Those situations are:
a) The type of goods and services.
b) When changes in the price of the goods and services is expected by consumers.
c) Changes that occurs in fashion or styles of a particular product ( This is when a product goes out of fashion or the style becomes outdated)
If people are finite-lived, Ricardian equivalence can fail because lifetime wealth will change for those currently alive. people cannot predict the future. this implies taxes must be distorting. there is intragenerational redistribution.
True. Ricardian equivalence can fail due to finite lifespans, uncertainty about the future, distorting taxes, and intragenerational redistribution.
Ricardian equivalence is an economic theory that suggests that changes in government borrowing and debt levels have no effect on consumer behavior. However, it can fail in certain circumstances. Finite lifespans mean that individuals cannot predict the future accurately, leading to changes in lifetime wealth for those currently alive.
Uncertainty about the future undermines the assumption that individuals will save or adjust their consumption based on expected future taxes. Distorting taxes, such as progressive income tax, can create intertemporal and intragenerational redistribution, influencing individual consumption decisions.
These factors challenge the validity of Ricardian equivalence and suggest that taxation policies can have real effects on consumer behavior and resource allocation.
Learn more about Income tax here: brainly.com/question/15058781
#SPJ11
Under the perpetual inventory system, what is the correct entry for the credit purchase of washing machines at $1,500 plus GST of $150? a. Debit Inventory $1,650; Credit Accounts payable $1,650 b. Debit Accounts payable $1,650; Credit Inventory $1,500, Credit GST Paid $150 C. Debit Inventory $1,650; Credit Accounts payable $1,500, Credit GST Paid $150 d. Debit Inventory $1,500, Debit GST Paid $150; Credit Accounts payable $1,650
Under the perpetual inventory system, the correct entry for the credit purchase of washing machines at $1,500 plus GST of $150 is "Debit Inventory $1,650; Credit Accounts payable $1,650.
The perpetual inventory system is an inventory accounting method where an ongoing record of inventory levels, purchases, and sales is kept. The perpetual inventory system, often known as continuous inventory or automatic inventory system, maintains a running account of the value and quantity of each inventory item.In the perpetual inventory system, each inventory item has its own account, with information on its movement, quantity, unit price, and total value being recorded. Each transaction is recorded in the inventory account in real-time. The inventory account is continually updated with current information.
To know more about transaction , visit;
https://brainly.com/question/1016861
#SPJ11
Why is creative thinking important to generate business ideas?
Answer: Creative thinking is necessary for business problem-solving.
Explanation: The skill of creative thinking is a helpful skill because it teaches workers/business owners to find opportunities and ways to improve something even if the situation is challenging. This also lets the person face a problem or situations by a different view. I hope this helped!
Jason is a technician at Johns Hopkins Hospital and earns $19.84 an hour. His boss informed him that he can earn time and a half (1.5) for all hours he works over his regular 40 hours. This week he worked 51 hours. What will be his gross pay for the week?
Answer:
$1120.96
Explanation:
19.84 x 40 = 793.60
19.84 x 1.5 = 29.76 x 11 = 327.36
793.60 + 327.36 = 1120.96
In the context of sequencing,__________is the difference between the completion time and the due date of a job. a. flow time b. makespan c. lateness d. tardiness
In the context of sequencing, it should be noted that the difference between the completion time and the due date of a job is known as lateness.
Makespan simply means the time that's needed to process a given set of jobs. On the other hand, tardiness is the amount of time where the completion time exceeds the due date of the job.
The difference between the completion time and the due date of a job is simply referred to as lateness. In this case, the job is past its due date.
Read related link on:
https://brainly.com/question/25654180
A company regularly purchases cleaning supplies from a vendor and orders relatively consistent amounts of the same products on each purchase from the same vendor. This is an example of a(n) ________.
The answer is straight rebuy.
A straight rebuy is when a client buys the same items in the same amount and on the same conditions from the same supplier.
It refers to a corporate purchasing situation in which the buyer reorders something without making any changes. The buying department normally handles it on a regular basis. "In" providers strive to maintain product and service quality in order to retain business. "Out" providers seek innovative methods to add value or exploit unhappiness in order to get the consumer to consider them.
Therefore, the answer is straight rebuy.
To know more about straight rebuy click here:
https://brainly.com/question/15347051
#SPJ4
Evaluate your ability to consume wisely, Explain why this skill is essential to achieving your life span
plan
Answer:
Consumerism is a way of life in which the regular purchase of secondary goods, in which the social value of the product and its influence on social status and identity plays a huge role in society and everyday life.
The term originated with the rise of the consumer society in the twentieth century. Where previously the market was supposed to regulate itself, this did not always work sufficiently, so that consumers began to unite in consumer movements and consumer organizations. Consuming is then seen as a right, a right that is defended to the extreme. In addition, consumerism is also seen as good for the economy and therefore worth pursuing, as it keeps economy working.
In this sense, the fact of operating within the framework of the consumer society in a responsible, wise and meticulous way matters that individuals do not relapse into behaviors that put their financial situation in trouble.
The function f(x) = 2,000(1 + )12t models the balance in a savings account.
The savings account had an initial balance of _ and compounds
_ at an interest rate of _
Answer:
In the exponential function f(x) = P(1 + )nt :
P = principal value
r = the annual interest rate
n = number of compounding periods in a year
t = time in years
For the given function, P = 2,000, r = 0.0225, or 2.25%, and n = 12. So, the interest compounds 12 times a year, or monthly.
Therefore, the savings account had an initial balance of $2,000 and compounds monthly at an interest rate of 2.25%.
Explanation:
Explanation from PLATO
A market growth factor that explains customers' perceptions of a new product as better at satisfying their needs than the product it replaces is called:
You represent a union. You expect inflation to be 3% per year for the next five years, and you want your members wages to keep up with inflation. Today, your members earn $23/hour. What will they need to earn per hour in five years to keep up with inflation? (Round to the nearest penny.)
The amount I would need to earn per hour in five years to keep up with inflation is $26.66.
How much do I need to earn in 5 years?
Inflation is when the price levels in a country increase. Inflation reduces the purchasing power of income. This means that in 5 years, $23 would buy less goods than it can now.
The earnings that should be earned in 5 years to keep up with inflation is a function of the amount that is earned now and the inflation rate.
Earnings in 5 years = present earnings x (1 + inflation rate)^number of years
Earnings in 5 years = $23 x (1 + 0.03)^5
Earnings in 5 years = $23 x 1.03^5 = $26.66
For more information about inflation, please check: https://brainly.com/question/25783683
#SPJ1
_____ is the process of adjusting a job or work environment to fit the needs of disabled employees. A. Reasonable accommodation. B. Quid pro quo. C. Redlining. D. Qualified accommodation. E. Mandatory extradition
The process of adjusting a job or work environment to fit the needs of disabled employees is called reasonable accommodation. So, the correct option is A.
What is reasonable accommodation?Reasonable accommodation refers to the procedure of adapting job conditions or the office to meet the needs of employees who have disabilities. The aim of reasonable accommodation is to offer disabled employees with equal opportunities at work.
To help disabled employees, there are many forms of reasonable accommodations. Some instances include providing appropriate computer equipment or devices, modifying the workspace, and modifying the work schedule or work environment to meet their needs.
A qualified worker with a disability is entitled to fair accommodation. The federal government requires employers to provide reasonable accommodations to staff with disabilities under the Americans with Disabilities Act (ADA).It is important to note that reasonable accommodation does not necessitate lowering efficiency or work requirements for individuals with disabilities.
Learn more about Reasonable accommodation at
https://brainly.com/question/16738385
#SPJ11
A massive wrecking ball is to be hung from the end of a crane by a cable. As the site manager for the demolition crew, you have your choice of both materials and thicknesses when ordering the cable. In terms of materials, you have three alloys to pick from: alpha, with Y=3×1010 N/m2; beta, with Y=2×1011 N/m2; and gamma, with Y=4×109 N/m2. As for thicknesses, the cables can be made with diameters of 1 cm,2 cm, and 4 cm. a) You need to keep the cable from stretching too much (and possibly snapping) under the weight of the wrecking ball. Which of the three alloys (alpha, beta, or gamma) would minimize stretching the most, and why? b) The stretching can also be minimized by choosing the right thickness for the cable. Which of the three given diameters (1 cm,2 cm, or 4 cm ) should be chosen, and why?
a) Gamma would be the best choice because it has the lowest value of Y.
When a wire is extended, the stress (tensile stress) develops within it, and the amount of stretch that occurs is proportional to the stress. Young's modulus (Y) is a measure of a material's stiffness or elasticity. It measures the wire's reaction to the tensile stress that develops within it, as well as the amount of stretch that occurs when it is extended. The smaller the value of Y for the alloy, the less the wire will stretch under the same amount of tensile stress. In this case, gamma alloy would be the best choice because it has the lowest value of Y (4 × 109 N/m²), which means it would stretch the least under a given amount of tensile stress.
b) A cable with a diameter of 4 cm should be chosen because it can handle the most weight while also stretching the least.
Consider two wires made of the same material and subjected to the same tensile stress; the larger one will stretch less than the smaller one. This is because the larger one has more cross-sectional area, which can more easily withstand the tensile stress. As a result, a 4 cm diameter cable should be chosen because it has the most cross-sectional area, which means it can withstand the most weight while also stretching the least.
Choosing gamma as the material and a diameter of 4 cm as the thickness would minimize the stretching the most.
To know more about Young's modulus, visit:
https://brainly.com/question/13257353
#SPJ11
In the month of November, Cullumber Company Inc. wrote checks in the amount of $10,230. In December, checks in the amount of $11,815 were written. In November, $8,240 of these checks were presented to the bank for payment, and $10,655 in December. There were no outstanding checks at the beginning of November. What is the amount of outstanding checks at the end of November? At the end of December? November December The amount of outstanding checks $enter a dollar amount $enter a dollar amount
Answer and Explanation:
The computation of the outstanding checks is shown below:
For the November end
= Checks - presented in the bank
= $10,230 - $8,240
= $1,990
For the December end
= Checks - presented in the bank + presented in th bank - checks
= $10,230 - $8,240 + $11,815 - $10,655
= $3,150
We simply applied the above formula
Which of the following is a type of sales promotion?
Free Samples
All of these
Coupons
Customer Loyalty Programs
Free Samples, Coupons, and Customer Loyalty Programs are the types of sales promotion. All of the above is the correct option. The correct option is B.
Free samples increase the possibility of future sales by enabling consumers to test a product before making a purchase.
Coupons encourage consumers to make purchases and may draw in new clients by providing discounts or special offers on goods or services.
Customers that use loyalty programs frequently receive points, awards, or special deals in exchange for their continued business. These initiatives try to keep current clients and promote reordering.
Thus, the ideal selection is option B.
Learn more about loyalty programs here:
https://brainly.com/question/28497865
#SPJ4
Write about the three motivational theorists. (Herzberg, Maslow and Taylor)
There are three influential theorists who have made significant contributions to the understanding of motivation in the workplace: Frederick Herzberg, Abraham Maslow, and Frederick Taylor.
Frederick Herzberg was a renowned psychologist and management theorist known for his contributions to the understanding of employee motivation. He developed the two-factor theory, also known as the motivation-hygiene theory or dual-factor theory. According to Herzberg, there are two sets of factors-- hygiene factors and motivators that influence employee satisfaction and motivation.
Abraham Maslow was a prominent psychologist who proposed the hierarchy of needs theory. Maslow's theory suggests that individuals have a hierarchy of needs that must be fulfilled in a specific order to achieve motivation and self-actualization.
Frederick Taylor, often referred to as the father of scientific management, focused on improving productivity and efficiency in the workplace. His theories emphasized the scientific study of work processes and the implementation of standardization and specialization.
Overall, these three motivational theorists—Herzberg, Maslow, and Taylor contributed valuable insights into understanding what drives individuals in the workplace, whether through job enrichment, the fulfillment of hierarchical needs, or the optimization of productivity and efficiency.
To learn more about these three motivational theorists:
https://brainly.com/question/33074796
Shout Magazine focuses its marketing efforts on reaching teen-aged girls interested in fashion and celebrity culture. The firm believes that they are positioned to profitably serve this group of consumers. Shout utilizes the strategy of
Considering the situation described above, Shout utilizes the strategy of Concentrated Marketing.
Concentrated Marketing is a type of Marketing strategy whereby firms or companies direct all endeavors and resources to develop and market a product for a particular target group segment.
Thus, when Shout Magazine focuses its marketing efforts on reaching teenaged girls interested in fashion and celebrity culture, this is a form of Concentrated Marketing.
Concentrated Marketing is often referred to as Niche Marketing, and it is considered more effective in small businesses.
Hence, in this case, it is concluded that the correct answer is "Concentrated Marketing."
Learn more here: https://brainly.com/question/15418516
Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or withdrawals. After 3 months, the interest is calculated. How much simple interest did his money earn?
Answer:
$3.7625
Explanation:
Simple interest is calculated as
Interest = P x r x t
Where
p = principal amount.. $350
r= interest rate: 4.3% or 0.043
t= time in years: 3 months or 3/12 =0.25 years
Interest = $350 x 0.043 x 0.25
=$3.7625
efficiency factor is when an economy must achieve economic efficiency as well as to reach its full production potential. multiple choice question. higher costs higher wages lower costs full employment
The efficiency factor refers to the need for an economy to achieve economic efficiency as well as to reach its full production potential: "full employment".
What is full employment?The efficiency factor is related to the concept of full employment, which is the condition in which all available labor resources are being used in the most efficient way possible. When an economy reaches full employment, it means that all workers who are willing and able to work are employed, and there is no cyclical unemployment (unemployment caused by fluctuations in the business cycle).
Achieving full employment is one aspect of the efficiency factor, but it is not the only one. Economic efficiency refers to the optimal allocation of resources to produce the maximum possible output with the least amount of input.
Therefore, the correct answer is "full employment".
Learn more about full employment here:https://brainly.com/question/25040267
#SPJ1
The complete question is:
efficiency factor is when an economy must achieve economic efficiency as well as to reach its full production potential. multiple choice question. higher costs
higher wages
lower costs
full employment
each point on a ________ curve shows the willingness of consumers to purchase a product at different prices.
Answer:
demand is the word.
Explanation:
Each point on a demand curve shows: The willingness of consumers to purchase a product at different prices. The consumer surplus received from purchasing a given quantity of a product The economics surplus received from purchasing a given quantity of a product The legally determined maximum price that sellers may charge for a given quantity of product.
*entrepreneurship*
why it is important to adapt to the sudden changes in
your environment?
Because if your mining company gets flooded and you can't mine for a few years you have to be able to find new mines or sell you equipment, or even the mine it's self.
-A mine not producing, is a mine that's losing.
You can apply this to almost anything, but it's most prominent in evolution and Business. in Evolution you die, and in business, if you company is losing money it will die so you have to adapt to sudden changes to avoid imminent death.
Hope this helps.
-Trey Tucker
Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.
The equilibrium point in a competitive market exists at the point of optimal market efficiency.
What is competitive market?A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, A perfect market also understood as an atomistic market, is determined by several idealizing requirements, collectively anointed perfect competition or atomistic competition.
No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.
To learn more about competitive market refer to:
https://brainly.com/question/8753703
#SPJ4
write a body paragraph and use swot analysis to showcase why tata
motors and volkswagen should not form an alliance
Tata Motors and Volkswagen should not form an alliance based on a SWOT analysis.
A SWOT analysis can shed light on the strengths, weaknesses, opportunities, and threats of a potential alliance between Tata Motors and Volkswagen, providing insights into why they should not form an alliance. One key weakness that could hinder the success of an alliance is the stark difference in organizational culture and management styles.
Tata Motors is an Indian company with a hierarchical structure and decision-making processes deeply rooted in its traditional values, while Volkswagen, a German company, follows a more decentralized and collaborative approach. The clash of cultures and management practices could create challenges in aligning strategic goals and implementing effective cooperation.
Another factor to consider is the divergent product portfolios and market positioning of both companies. Tata Motors primarily operates in the affordable and value-based segment, while Volkswagen focuses on the premium and luxury segments. This disparity in target markets and customer preferences may make it difficult to find synergies and create a unified product strategy that satisfies the needs of both companies' customer bases.
Furthermore, external threats and challenges should be taken into account. The automotive industry is undergoing significant transformation, driven by technological advancements and the shift towards electric and autonomous vehicles.
Both Tata Motors and Volkswagen face the pressures of adapting to these changes and investing in research and development to stay competitive. Joining forces through an alliance may divert resources and attention away from these critical transformational efforts.
Considering the differences in culture, product portfolios, and the evolving automotive landscape, it is evident that Tata Motors and Volkswagen may face significant obstacles and potential conflicts if they were to form an alliance. It is crucial for companies to carefully assess these factors and evaluate whether the potential benefits of an alliance outweigh the challenges and risks involved.
Learn more about SWOT analysis.
brainly.com/question/30481849
#SPJ11
What is MMS?
A.
Mass Messaging Service
B.
Multiple Messaging Service
C.
Multimedia Messaging Service
D.
Marketing Messaging Service
Answer:
multimedia messaging service
Explanation:
took the test, got it right.
Linda just got approved on an ARM mortgage. What is true?
O Her taxes will be reduced.
O She has a secured loan.
O Her interest will be fixed.
O She cannot make a down payment.
Answer:
\(\fbox {She has a secured loan.}\)
Explanation:
We know from basics that by a mortgage, we understand that we put our asset down as a collateral so we can take a loan and this asset will be under the lender's control until repayment.
An ARM mortgage means that the interest rate can be gradually changed based on performance benchmarks, such as a change in it every 6 months.
Hence, by this, we can understand that the loan is secure.
if a sales-person is working on commission and they have a very unappealing product to sell, but the commission rate is quite high, what does expectancy theory say about their likely level of motivation?
Expectancy theory predicts that a salesperson working on commission with a very unappealing product to sell but a high commission rate will likely be motivated to perform well in order to receive something they value.
What exactly is expectancy theory?Expectancy theory is a thought process that emphasizes personal preference and the selection process. An outline of the process that people go through when making decisions is given by expectancy theory. These options could include decisions for daily living, academic pursuits, or recreational activities.
These people base their decisions on expectations of how those decisions will turn out. We frequently make clothing choices based on what will make us feel comfortable and ready for the day's events. We must put on a rain jacket on a wet day. We frequently require a full breakfast when we have a busy day ahead.
Learn more about expectancy theory with the help of the given link:
brainly.com/question/12982959
#SPJ4