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Question
why do you believe employees would want to work in a business that believes in empowerment even when it often means more work and responsibility? your answer why is the supply and demand of products important to both businesses and consumers? your answer
For the first question, employees may value empowerment as it offers autonomy, growth opportunities, and a sense of ownership. It can lead to increased job - satisfaction and career development despite more work. For the second question, supply and demand determine prices, influence production levels, and allocate resources. Businesses use it to make decisions on production and pricing, while consumers use it to make purchasing decisions.
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- Employees may want empowerment for autonomy, growth, and a sense of ownership which can lead to job - satisfaction and career development.
- Supply and demand determine prices, influence production, and allocate resources, helping businesses make production and pricing decisions and consumers make purchasing decisions.