Author Question: Which of the following strategies are adopted by a business tycoon when the first new management of ... (Read 65 times)

vicky · **on:** Jun 30, 2018

Which of the following strategies are adopted by a business tycoon when the first new management of the purchased company fails?
a. He tries a second management team.
b. He tries to train and motivate the existing management team.
c. He sells off part of the company in the market.
d. He tries to reduce the cost of production by lowering output.

Question 2

At first marginal product rises and then it falls.
Indicate whether the statement is true or false