Response:
There will be an increase in equilibrium quantity, but the impact on equilibrium price remains uncertain.
Note:
Due to the scientists' discovery, demand for oranges will rise, as will the price.
Additionally, the introduction of new fertilizers will boost the supply of oranges, leading to a price decrease.
Taking both of these factors into account indicates that there will be a rise in equilibrium quantity, while the effect on equilibrium price cannot be determined.
The equilibrium quantity after adjusting the demand curve yields Q = 10.
The suitable staffing strategy for an international corporation aiming to cultivate a strong corporate culture and informal management network is geocentric. This approach prioritizes hiring top professionals for specific roles, irrespective of their nationality. It helps the organization reinforce and unify its values across varied cultures and information, which is crucial in a globally standardized strategy.
Response:
The correct response is option "A": Risk identification.
Clarification:
Risk identification represents a stage in the risk management framework. Risks are evaluated based on the metrics that outline them, including the potential loss magnitude or damage, as well as the likelihood of the occurrence of such loss or damage.
