In a perfectly competitive industry, influence over price is exerted by
a. the largest firms.
b. individual sellers.
c. the forces of supply and demand.
d. individual buyers.

(C) the forces of supply and demand

Explanation:

In a perfectly competitive industry, no single buyer nor seller will be able to influence prices thus marking the forces of demand and supply (the invisible hand) the determinant of pricing. Each buyer or seller will only account for a minute portion of total demand and supply thus making their influence of market price insignificant.

Options (A), (B) and (D) are incorrect as the largest firms, individual sellers and individual buyers do not influence pricing over price in a perfectly competitive market.

In a positive culture environment, people are happy and feel valued. When people feel happy and valued, it makes it easy for management to garner their buy-in cooperation when changes need to be made within the business.

In a culture that is negative, people don't feel valued and as such are always after their own interest rather than that of the company. There is also a tendency to always be on the defensive side of any change that is about to come looking out for one's self rather than what is best for the collective good. In this case, staff are much likely to sabotage new initiatives and changes rather than work to actuate them.

The obverse is true for a business with a positive culture.

Explanation:

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