The statement is correct. Profitably, it makes sense for firms to shift their productive activities to countries where they can be performed more efficiently.
<h3>What is Profit perspective?</h3>
- The Profits Perspective is an economic viewpoint that focuses on the financial flows that determine total business profits. It is based on Jerome Levy's profits equation, which he discovered in 1908.
- It is also linked to the work of Hyman Minsky, a twentieth-century economist. The distinction between the revenue obtained from the sale of an outcome and the costs of all inputs used, as well as any prospect costs, is the financial profit or loss.
- Economic profit is calculated by subtracting opportunity costs and explicit costs from earnings earned.
- Economic profit is important because it aids in determining a company's profitability and financial performance.
- It demonstrates whether a specific business can cover its expenses while also generating revenue for stakeholders.
To learn more about Profit, refer to:
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For one to have a career in records
management. They should follow the follow the following steps:
<span>1. Study for an undergraduate degree in either
computer science, library studies, management
or business administration.</span>
<span>2. Enroll into an entry level records management
position</span>
<span>3. Gain enough experience </span>
<span>4.
Enroll for more courses to get skills and certifications and climb up
the ranks</span>
Answer:
1)autocratic leader
2)democratic leader
Explanation:
1- this leader is one who works fast without consulting employees.
2- this leader consults employees and make sure everyone takes par in decision making
sorry only know 2...
The formula used to determine free cash flow is cash from operations minus capital expenditures.
Countries gain from exchange when trade enables each country to receive a higher price for exported goods and/or pay a lower price for imported goods. This leads to more efficient resource allocation and allows consumption of a larger variety of goods.International trade is where there is exchange of goods and services across International territories where in most countries this exchange represents a significant a share of gross domestic product(GDP). One of the most immediate benefits of this trade is lower costs to consumers
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