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What factors should be considered when purchasing a durable good for long-term use?

When purchasing a durable good for long-term use, consider factors such as quality, durability, warranty, brand reputation, maintenance requirements, and cost-effectiveness over time.


What are factors that make some companies more profitable than others?

To name just a few: * Industry in which the business operates * Effectiveness of advertising * Employee performance * Financial performance * Organisational structure * Management


The response of businesses and individual to fiscal policy changes is related to what?

The response of businesses and individuals to fiscal policy changes is closely related to their expectations about future economic conditions, including factors like consumer demand and interest rates. Businesses may adjust their investment and hiring decisions based on anticipated changes in government spending or tax policies. Similarly, individuals may alter their consumption and savings behavior in response to tax cuts or increased government benefits. Overall, the effectiveness of fiscal policy hinges on how these agents perceive and react to the changes implemented.


Has true communism ever been successfully implemented in any society, or is it accurate to say that true communism has never been tried?

True communism, as envisioned by Karl Marx, has never been successfully implemented in any society. Some argue that this is because true communism requires a stateless and classless society, which has not been achieved in practice. Others believe that attempts at communism have been hindered by various factors, such as corruption and human nature.


What internal and external factors influence incentives?

Internal factors influencing incentives include organizational culture, employee performance, and management practices, which shape how rewards are perceived and valued. External factors encompass market conditions, industry standards, and economic trends that can affect the competitiveness and attractiveness of incentive programs. Together, these factors determine the effectiveness and alignment of incentives with both employee motivations and organizational goals. Understanding this interplay is crucial for designing effective incentive structures.

Related Questions

What factors can cause control that are established and implemented for a prolonged period to lose their effectiveness and their effectiveness?

Lack of resources and monitoring


What factors can cause the controls that have been established and implemented for a prolonged period of to lose their effectiveness?

Failing to properly maintain the system and unprofessionalism are some of the factors that can cause the controls that have been established for a prolonged period of time to lose their effectiveness.


What factors can cause the controls that have been established an implemented for a prolonged period to lose there effectiveness?

Being overconfident or complacent


What factors can cause controls that are established and implemented for a prolonged period to lose their effectiveness in risk assessment?

Lack of resources and monitoring


What factors can cause the controls that have been established and implemented for a prolonged period to lose very effectiveness?

leaders can supervise compliance with hazard controls during a mission by


What factors in CRM can cause the controls that have been established and implemented for a prolonged period to lose their effctiveness.?

Being overconfident or complacent can cause loss of effectiveness over time.


What factors can cause the controls implemented for a prolonged period of time lose their effectiveness?

Being overconfident or complacent can cause loss of effectiveness over time.


What factors can cause controls that are established and implemented for a prolonged period to lose their effectiveness in the composite risk management process?

Controls established for a prolonged period can lose effectiveness due to changes in the risk environment, such as emerging threats or evolving regulations that render existing controls outdated. Additionally, complacency can set in if stakeholders become less vigilant or fail to regularly review and update the controls. Human factors, such as turnover or insufficient training, can also weaken adherence to established procedures. Finally, technological advancements may introduce new vulnerabilities that existing controls do not address.


What factors can caused the controls that have been established and implemented for a prolong period to lose their effectiveness?

Many factors can lead to a decrease in effectiveness of controls that have long been established and implemented, depending on the situation and controls. In the case of restaurant policies for food handling, for example, factors such as new scientific discoveries relating to food-borne illnesses and bacteria control can lead to changing controls about how food is handled.


What factors can cause the controls that have been established and implemented for a prolonged prolonged period to lose their effectiveness?

Being overconfident, or complacent, may result in a lack of attention to the proper procedures. Controls are most effective when strictly applied, assuming that they may become critically necessary at any time. In addition, established controls should be evaluated if not quarterly, at least every year or be considered in terms of their related output. Some controls may not be applicable after a certain period of time. This also goes with computer software programs, too. Whether the control is machine-implemented or implemented by a supervisor, it must undergo evaluation.


What factors can cause controls that are established and implemented for prolonged periods to lose their effectiveness?

Controls can lose effectiveness over time due to changes in the operational environment, such as shifts in technology, regulatory requirements, or organizational structure. Additionally, complacency or a lack of ongoing training can lead to decreased adherence to established procedures. Regular assessments and updates are essential to ensure controls remain relevant and effective in addressing emerging risks. Finally, personnel turnover can result in a loss of institutional knowledge, further diminishing control effectiveness.


What factors can cause the controls that have been established and implement for a prolong period to lose their effectiveness?

Many factors can lead to a decrease in effectiveness of controls that have long been established and implemented, depending on the situation and controls. In the case of restaurant policies for food handling, for example, factors such as new scientific discoveries relating to food-borne illnesses and bacteria control can lead to changing controls about how food is handled.