Answer:
Explanation:
Fist we should understand 1st and 4th principles.
First principle - "Science, Not Rule of Thumb". It says that we should develop a science for elements of work and do not get stuck in a set routine with the old techniques of doing work. We should be constantly experimenting to develop new techniques which make the work much simpler, easier and quicker. Basically, looking at doing work from the perspective of science and experimenting.
Third principle - "Cooperation, Not Individualism". It says that when people work together there should be cooperation. Managers and employees should work together and jointly achieve results. This increases involvement and responsibility
The first principle is to develop a science for each element of work, whereas the third principle instructs managers to cooperate with employees to ensure that scientific principles are actually implemented is a difference between the first principle and the third principle.
Well i believe the answer to this problem is "B. A white collar job." If you was to be in a white collar job you would be in more of professional job such as a teacher or anything that doesn't deal with manual labor, or physical labor. A blue collar worker(job) does more of the physical labor job, construction, architecture, or even a vending machine filler.
I hope you get this right but i have good grades in business.
Brainliest please :)
<u>Explanation:</u>
Structure and Formation of Corporation and Partnership:
- Corporation is a independent legal entity whereas partnership in which two or more partners share ownership.
- The formation of partnership entity requires fulfillment of lesser formalities than corporation.
Powers:
- A partnership entity can do anything which the partners agree to do and there is no limit to the activities.
- The powers of the shareholders are limited unlike the partnership entity.
Management:
- Every member of a partnership entity may take part in the management.
- Shareholders are not involved but managers run the company.
Answer:
Letter A is correct. <u>Fostering competition.</u>
Explanation:
In this case, it is correct to say that small businesses are fostering competition.
Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.
Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.
