As your company is a clothing manufacturer, from fabric selection to dying to stitching, everything will be managed by your employees. In order to keep everything organized, departmentalization seems like a sensible option. Q4. Select the types of your departments based on the nature of your business and justify why you chose them? (10 marks; word limit: 400 max)

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Why does the downward-sloping production possibilities curve imply that factors of production are scarce?

When the two countries did not specialize, the total production of jeans was 23 million pairs per month, and the total production of corn was 68 million bushels per month. because of specialization, the total production of jeans has increased by million pairs per month, and the total production of corn has increased by million bushels per month. because the two countries produce more jeans and more corn under specialization, each country is able to gain from trade?