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- How do the reward system and organization cultureaffect innovation in organizations?please complete box only Growth and use verbGains from Trade - End of Chapter Problem Some people enjoy gardening and will grow their own vegetables, fruits, and herbs in their own backyard or in a leased plot. Many people agree that fresh fruits and vegetables taste better and, in some cases, are relatively cheap to grow. a. What are some reasons that not everyone grows their own vegetable garden? Select all that apply. Some people prefer to go to the grocery store and find everything they need in one spot. do not have time to tend to garden chores like weeding, watering, fertilizing, etc. do not have the space or the willingness or means to rent space to grow a garden. would rather spend time engaging in other hobbies. b. Considering your answers in part a, why do most people not grow their own food? Mainly because food companies are good at marketing their products and get customers hooked by putting additives in their food. many people feel that their comparative advantage lies in other activities, and they are willing to…
- Suppose that you want to open a new business or purchase an existing one. Describe that business. What good or service would you provide? Where would you be located? What would be some explicit costs of starting the business? What would be some implicit costs?Give the meaning of business and explain its scope in briefLooking at family business, integrate the knowledge you learn to analyze TWO challenges that the family business face and the family business can overcome these challenges? (150 WORDS) Analyze TWO challenges you face in the family business operation/management and how do you tend to overcome these challenges? (150 WORDS)
