The answer for this question is: <span>Competition tends to drive down prices and improve quality
When free trade exist, every businesses must heavily compete in order to win the customers' favor.
In order to obtain the favor, a couple of things that they could do are lowering their price in comparison to their competitor and improve the products that they made.</span>
ANSWER 1. Capital
EXPLANATION: Calculating capital is necessary for a business. It is the basic duty of an entrepreneur to calculate capital before starting any business to check the financial capacity of the entrepreneur. Calculating capital also helps to estimate if any outside finance is necessary to start the business.
ANSWER 2: Set of Services
EXPLANATION: Choosing and categorizing set of services is necessary before starting any business. This will help in acquiring expert and trained set of labors to carry out the work. The clients will also come to know of the services that are available in the business. Expert and trained set of labors are difficult to find in any market.
ANSWER 3: Total Cost of Ownership
EXPLANATION: Total cost of ownership is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or system. Each and every piece of equipment that Anita buys is added to the cost of the ownership of the business.
Answer:
True
Explanation:
Critical thinking is the thinking that deals in analyzing the facts so that the judgment could be created. It involves various things like rationality, non-biased, proof-based on facts provided, etc
Here the factors that directly impact the critical thinking are people, constraints and the consumption this results in shaping your goals and objectives you made
hence, the given statement is true
Answer:
Indenture; convertibility provision
Explanation:
Indenture refers to a legal contract that bounds the bondholder and the issuer. This contract specifies important features of the bond like its type (convertible or callable), maturity date, interest payment time and rate. In other words, it includes all the terms and conditions related to the issue of bond.
One of the types of bonds is convertible bonds. Due to the provision of convertibility, these bonds can be converted to a stipulated number of common shares that are decided in advance.