You decide that structural changes must be made at Holden Evans immediately to deal with the additional product lines. Equipment and employees will have to be moved around to optimize production of all of the products in house. This shouldn't be too difficult because many of the vitamins and supplements are produced using similar processes. You have several options available to help facilitate this process. Which of the following methods do you think is the best choice? a. because the changes may result in the loss of several key employees, you hire outside consultants who specialize in hr law. b. this way any employee terminations will not result in lawsuits. c. you select an outside consulting firm that your company has never worked with before, but it has a reputation for using new technology in product lines that are similar to yours. d. you select several trusted managers to facilitate the transition of operations from overseas. e. these individuals can gather information and also smooth any rough spots that may occur.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer utilities; more money you have to pay out ; )

answer; to open a new transaction, the user should type the code/0 along with a new transaction code, when done with that the user should press enter to open the transaction; good luck;

answer target market;